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Office Warehouse

700 2nd Street

700 2nd Street, Waynesboro, VA 22980

Listing Price: $2,800,000

Cap Rate
6.70%
Gross SF
82,400
Price/Gross SF
$33.98
Lot Size
5.08 acres
Year Built
1910
Rentable SF
82,400

Investment Overview

This complex is made up of three buildings comprising 82,400 s/f of high-ceiling warehouse space. There are eleven roll-up doors between the three buildings that allow for convenient subdivision of the buildings. There is currently 10,000 sf of refrigerated space with another 20,000 sf that could be easily converted. The variety of tenancy in the building provides safety for the investor over a single, riskier tenant. The location of the property off of I-64 allows tenants to service the Waynesboro area as well as the immediate markets nearby, including Charlottesville, Staunton, Washington D.C., Harrisonburg, and Richmond. This building’s close proximity to Highway I-81 also allows tenants to service the entire eastern region of the U.S. within a day's drive.

Investment Highlights

  • 82,400 SF combined Industrial Warehouse Space
  • Eleven Roll-up, Drive in Doors
  • 8000 sf of Office Space

Exclusively Listed By

Office Warehouse

700 2nd Street

Listing Price: $2,800,000

Cap Rate
6.70%
Gross SF
82,400
Price/Gross SF
$33.98
Lot Size
5.08 acres
Year Built
1910
Rentable SF
82,400

Investment Highlights

  • 82,400 SF combined Industrial Warehouse Space
  • Eleven Roll-up, Drive in Doors
  • 8000 sf of Office Space

Investment Overview

This complex is made up of three buildings comprising 82,400 s/f of high-ceiling warehouse space. There are eleven roll-up doors between the three buildings that allow for convenient subdivision of the buildings. There is currently 10,000 sf of refrigerated space with another 20,000 sf that could be easily converted. The variety of tenancy in the building provides safety for the investor over a single, riskier tenant. The location of the property off of I-64 allows tenants to service the Waynesboro area as well as the immediate markets nearby, including Charlottesville, Staunton, Washington D.C., Harrisonburg, and Richmond. This building’s close proximity to Highway I-81 also allows tenants to service the entire eastern region of the U.S. within a day's drive.

Exclusively Listed By

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