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705 Richmond Ave, Staunton, VA 24401

$499,000
: 5
BD
: 4
BA
: 4,126
SqFt

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List Price: $499,000
Status: ACTIVE
Days on Market: 326
Price Change: ▼ $26,000 1786565011
MLS#: 671009
Subtype: Residential
Year Built: 1922
Bedrooms: 5
Bathrooms: 4
Full Baths: 3
Half Baths: 1
Living Area: 4,126
Lot Size: 17,424
Acres: 0.40
MLS Area Major: Staunton

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Property Description

Exceptional Opportunity: Flexible Commercial/Residential Asset Near Downtown Staunton SITUATED in a high-visibility location, this stately brick residence / building offers 3,658 sq ft of finished space in the primary building, plus an additional 468 sq ft of flexible finished space above a detached garage—bringing the total to over 4,100 sq ft of functional area. The site features generous asphalt driveway and parking (5-6 cars) with a separate entrance and exit. There is plenty of room to expand the parking area. Though currently used as a rental-residence, the property is zoned General Business and is grandfathered-in for residential use—making it uniquely suited for either continued residential living or conversion to a higher-yield commercial venture. Ideal uses range from a boutique Bed & Breakfast, professional offices or divided office suites. Its proximity to major retail anchors such as Walmart, Lowe’s, multiple car dealerships and a wide array of restaurants, and HIGH TRAFFIC COUNT. A short drive to downtown Staunton, Virginia in the scenic Shenandoah Valley— Flexible zoning, strong surrounding infrastructure and turn-key buildings. Schedule your tour today!

540.820.5183

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Additional Information

Interior Features: Additional Living Quarters, Double Vanity, Primary Downstairs, Second Kitchen, Walk-In Closet(s), Eat-In Kitchen
Taxes: $3,132
Flooring: Hardwood
Appliances: Built-In Oven, Dishwasher, Electric Cooktop, Electric Range, Refrigerator
Heating: Electric, Hot Water, Multi-Fuel, Natural Gas, Radiant
Air Conditioning: Window/Wall
Stories: 2
Levels: Two
Roof: Composition, Shingle
Foundation: Poured Concrete
Parking Features: Detached, Electricity, Garage Faces Front, Garage
Garage Spaces: 1
Elementary School: Bessie Weller
Middle School: Shelburne
High School: Staunton