625 W Market St

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625 W Market St

Harrisonburg, VA 22801
Asking Price
$1.32M
Asset Type
Shopping Center Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail shopping center available for purchase in Harrisonburg
  • Priced at 1,320,000 dollars for the full property
  • Strategically positioned near the downtown Harrisonburg commercial district
  • Flexible layout suitable for various retail or commercial uses
  • Located within the established 22801 market area of Virginia

What's Special

This retail shopping center at 625 W Market St in Harrisonburg, Virginia, is available for sale, presenting a functional asset for investors or business owners looking to establish a presence in a growing regional hub. The property is positioned near the downtown district, benefiting from the consistent activity generated by the local economy and its proximity to major area employers and regional thoroughfares. Given its configuration as a shopping center, the site is well-suited for a variety of retail businesses, service providers, or a mixed-use repositioning strategy that takes advantage of the central location. Harrisonburg serves as a significant educational and economic center for the Shenandoah Valley, maintaining a steady population base that supports local commercial ventures. Prospective buyers will find this retail site offers a practical footprint for diverse operational models. The accessibility of this location within the 22801 zip code enhances its long-term viability for retail tenants seeking visibility and connectivity to the broader community.

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NOI
$80,000
Cap Rate
6.06%
DSCR
1.02
Tight
Cash-on-Cash
0.41%
Monthly Payment
$6,530.64
Annual Cash Flow
$1,632.323

Location & Travel Times