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$ 3,200,000
Est. payment /mo
New
632 CHARLES ST Staunton, VA 24401
22,816 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
Square Footage 22,816 sqft
Price per Sqft $140
MLS Listing ID 676617
HOA Y/N No
Annual Tax Amount $16,868
Tax Year 2026
Lot Size 1.920 Acres
Acres 1.92
Property Sub-Type Building
Property Description
LSK Plaza represents a rare opportunity to acquire a fully-occupied, stabilized mixed-use portfolio in the heart of Staunton, Virginia. Comprising three parcels totaling approximately 1.99 acres in the Gaymont Homes Historic District, the portfolio offers a compelling blend of commercial retail income and multifamily residential cash flow with zero vacancy across all 28 units. With a 2025 Net Operating Income of $193,896 and an asking price of $3,200,000, this offering presents investors with a 6% capitalization rate with meaningful upside potential. Listing consists of 3 adjacent properties: 630 Charles: 1820 SF flex space with office; 632-634 Charles: 8 ground-floor commercial spaces, with 16 apartments on 2nd floor; 644 Greenville: Commercial retail strip with Papa John's and UPS among the tenants. OWNER AGENT.
Location
State VA
County Staunton
Zoning B-2 General Business
Direction Off Greenville Ave.
Interior
Fireplace No
Building
Level or Stories Two
Others
Tax ID 5188,5190,5191
Listed by Funkhouser Real Estate Group