632 Charles St, Staunton, VA 24401

$3,200,000

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Active

MLS#676617

STATUSActive PROPERTY TYPECommercial - Investment

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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.

632 Charles St | MLS# 676617

This commercial property located at 632 Charles St, Staunton, VA 24401 is currently listed for sale with an asking price of $3,200,000. Search Staunton real estate on cclarke.montaguemiller.com today.

Property Features

Property Type: Commercial - Investment

Lot Size: 1.92 Acres

Property Type: Building

Feature Descriptions

Days on Site: 18

Lot Dimensions: 1.92 Acre(s)

Property Use: Apartments, Flex, Investor-User, Office, Restaurant, Retail

Listed By / Shown By

Listed By

Agency Name: Funkhouser Real Estate Group
Agency Phone: 540-434-2400

Shown By

Agent Name: Carol Clarke
Agent Phone: (434) 242-5393
Agency Title: Montague Miller & Co. Realtors

632 Charles St, Staunton, VA 24401

$3,200,000

SAVE TOUR PROPERTY

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