PROFESSIONAL OFFICE CENTER IN DOWNTOWN HARRISONBURG

For Sale

124 Newman Avenue, Harrisonburg, VA 22801

This Harrisonburg property for sale is located at 124 Newman Avenue. The general use of PROFESSIONAL OFFICE CENTER IN DOWNTOWN HARRISONBURG is office and it incorporates 14,922 square feet of class A office space. The current listed sale price for PROFESSIONAL OFFICE CENTER IN DOWNTOWN HARRISONBURG is $1,950,000. PROFESSIONAL OFFICE CENTER IN DOWNTOWN HARRISONBURG is situated on a lot that is 0.33 acre in size.

Contacts

Craig Anders

Cottonwood Commercial

Property Details

  • Property Type Office - General Office
  • Property Size 14,922 SF
  • Lot Size 0.33 Acre
  • Building Class A
  • Year Built 1905
  • Date Updated Apr 21, 2026
Corner of Newman, Mason, and WaterSecure a premium footprint in downtown Harrisonburg at a compelling price-per-square-foot that sits well below current market averages. This professional office center is anchored by three established professional tenants, providing immediate stability. With over $100,000 in recent capital improvements and over and above service plans—including a partial new roof and two new HVAC units—the asset is in excellent, low-maintenance condition. The real value, however, lies in the significant rental upside; with all current leases at under $12.50/SF gross, this offers a prime opportunity to mark-to-market upon renewal and recapture expenses. Properties with parking in downtown do not come up often.
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  • 88/100

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  • 37/100

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  • 60/100

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Location

  • City Harrisonburg, VA
  • Zip Code 22801

Points of Interest

  • 1239 Harrison Shelter

    1.65 miles

  • Northview

    1.73 miles

  • Royal

    0.73 miles

  • Liberty

    0.75 miles

  • Sheetz

    0.78 miles

  • Mobil

    1.05 miles

  • Walmart Gas Station

    1.19 miles

  • Speedway

    1.34 miles

  • Tesla Supercharger

    1.39 miles

  • Exxon

    1.44 miles

  • EVgo

    3.46 miles

  • Water Street Parking Deck

    0.17 miles

  • Elizabeth St Deck

    0.19 miles

  • Mason Street Parking Deck

    0.53 miles

  • R14

    0.57 miles

  • C7 Parking Lot

    0.57 miles

  • Cantrell Avenue Parking Deck

    0.58 miles

  • R13

    0.59 miles

  • C8 Parking Lot

    0.60 miles

  • R16

    0.61 miles

  • Faculty Lot N

    0.61 miles

  • Rutherford Deyerle House

    0.14 miles

  • Hotel Madison

    0.55 miles

  • DoubleTree by Hilton Harrisonburg

    1.28 miles

  • Red Roof Inn

    1.34 miles

  • Comfort Inn

    1.36 miles

  • Candlewood Suites Harrisonburg

    1.45 miles

  • Quality Inn Harrisonburg I-81

    1.48 miles

  • Howard Johnson

    1.49 miles

  • Hyatt Place

    1.50 miles

  • Sleep Inn & Suites Harrisonburg Near University

    1.52 miles

  • Friendly City Food Coop

    0.26 miles

  • Big Lots

    0.68 miles

  • Food Lion

    0.78 miles

  • Doña Fer

    1.06 miles

  • Walmart Supercenter

    1.16 miles

  • Ross

    1.32 miles

  • Babylon

    1.32 miles

  • University Outpost

    1.36 miles

  • TJ Maxx

    1.73 miles

  • JCPenney

    1.77 miles

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