$3,200,000

90 NORTH MAIN ST, Harrisonburg, VA 22802

  • 16,166 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1975
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $198/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Fully leased, mixed use investment property in Downtown Harrisonburg with additional development potential at a 6.3% CAP rate based on current NOI. Professional office, Boutique retail and Health/Wellness currently serve as a great tenant mix. The addition of a high quality common area lobby helps provide a 1st class feel. The new, long term, NNN leases, provide investment security. In addition take advantage of the Federal Qualified Opportunity Zone and Harrisonburg’s Economic Revitalization Tax Credit by developing the vacant, attached lot. Vacant Lot: 0.08 acre, B1 zoning: No minimum setbacks, parking requirements or lot size requirements. Up to 75 feet in height (taller via a special use permit). Potential for a by right development of a 7 story, 28 unit apartment building subject to site plan approval. Water meter in place, just needs a size upgrade. Electric, Gas and Sewer on the premises.

Listing Status:
Active
Date Added:
August 4, 2025 at 05:00AM
Listing Office:
Cottonwood Commercial LLC : 540-434-9922
Listing Agent:
Mike Martin : 540-421-0360
MLS ID:
667527
  • A/C: Central Air
  • Heating: Gas
  • Roofing: MetalOther
  • General: ConcreteStucco2
  • Originating MLS: CAAR_HRAR
  • County: Harrisonburg
  • Zoning: 90 N Main St71 E Elizabeth St89 E Elizabeth St. Commercial District 1 ES N Main StCommercial District 1 SS E Elizabeth St.034 T 121313A
  • Fencing: None
  • Utilities: Natural Gas Available
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: CAAR_HRAR

This listing courtesy of Mike Martin, Cottonwood Commercial LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Waterman Elementary School

451 Chicago Ave, Harrisonburg, VA, 22802

Grades KG-5

0.47 miles away

T

Thomas Harrison Middle School

1311 W Market St, Harrisonburg, VA, 22801

Grades 6-8

1.25 miles away

H

Harrisonburg High School

1001 Garbers Church Rd, Harrisonburg, VA, 22801

Grades 9-12

2.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.