1614 NORTH VALLEY PIKE, HARRISONBURG VA, 22802

Active

1614 NORTH VALLEY PIKE

HARRISONBURG VA, 22802

$5,295,000

$245.94 per sqft

Active

21,530 sqft

Commercial

Great investment opportunity for an immediate income producing turnkey mini storage facility with consistently high occupancy rates over the past 19+ yrs. Ideal strategic location on North Valley Pike (Rt 11) on the North end of Harrisonburg. Close to JMU, Downtown Harrisonburg, EMU, VMRC, and the Technology Park with easy access to I-81. 241 Units with over 21,500 sq ft +/- (Ambient and climate-controlled units). Development / expansion opportunity with approved Rockingham County site plan for up to 100 additional units adding an extra 6450 sq ft +/- potential. An onsite office with updated security camera system and high-tech rental management and accounting software allowing for minimal time and labor weekly to operate. Great property for a 1031 exchange! Don't let this opportunity pass you by!

653572

MLSⓇ ID

June 3, 2024

Listed

October 1, 2024

Updated

Map

1614 NORTH VALLEY PIKE
HARRISONBURG VA, 22802

Interior Features

Total Stories: 1
Floor Description: Concrete
Fireplace: No
Cooling: No
Heating: Yes
Heating Description: Heat Pump

Exterior/Building Features

Lot Size: 2.35 Acres
Roof: Metal

Other Property Details

Area Name: Rockingham
Days on Market: 98
Garage: No
Parking: Private 1-10 Spaces
View: No
County: Rockingham
Pool: No
Zoning: B-1 Commercial

Courtesy of Chad Dunham with Cottonwood Commercial LLC
Listing Contact:

Based on information from Charlottesville Area Association of REALTORS® as of 10/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.