421 WEST MAIN ST & 110 N Wayne Ave Waynesboro, VA 22980
Other
MLS #: 662574
Courtesy Of COTTONWOOD COMMERCIAL LLC
Property InformationDescription
Located in the thriving downtown district, this property will benefit from ongoing economic growth and increasing demand for commercial space. A unique opportunity to invest in a well-positioned asset with immediate and future income potential. Sale includes two tax parcels - 421 N Main Street & 110 N Wayne Avenue. 421 W Main St, known today as the Edmunds Building, has a rich history dating back to 1941. Originally constructed as a Roses department store, it has served as a cornerstone of downtown Waynesboro's commercial district for over 80 years. It is currently fully occupied with 2 long term retail tenants and 20 office suites. 110 N Wayne Ave is attached to the historic Edmunds building and is currently advertised for lease at $3,500 per month, which would significantly boost income potential.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Legal Description: *421 W Main Street & 110 N Wayne Ave, Waynesboro* Lot B 0.162 Ac (1999 replat) Corner of Main & Wayne Estill Plat (1999 replat) & Lot A 0.042 Ac Estill Plat
- MLSID: 662574
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