Rare Turnkey Property in Staunton’s Downtown Historic District

32 N Augusta Street: • Turnkey set up for investor or owner/user • Fully renovated in 2018 at cost exceeding $200,000 • Professional office space on 2nd floor, open floor plan retail/office on 1st floor • Current in place income from short term tenant on first floor ($33,204 pr year). • In the heart of Staunton’s Downtown Historic DistrictRare turnkey property in Staunton’s Downtown Historic District: 32 N Augusta Street is perfect for an owner user or investor. Currently used as professional office space, this two-story, 4,265 square foot building, was fully renovated in 2018 by Kellstrom & Lee Construction at a cost exceeding $200,000. The current first floor layout provides for an expansive open floor plan of 1,530 square feet of retail/office space and 370 square feet of a shared kitchen/break room with 3 bathrooms. The current second floor layout provides a traditional office floor plan with 6 individual offices, conference room and storage, as well as easy access to the shared kitchen and bathroom space. Finally, there is 450 +/- square feet of unfinished attic space that can be repurposed into functional space or simply used as storage. Current tenant occupies the 1st floor open area and has a lease expiration date of 2/2028. 32 N Augusta Street is located in Staunton’s B2 zoning and parking exempt district which allows by right uses such as retail, office, restaurant, multifamily on the 2nd floor, or mixed use. Likewise, 32 N Augusta St, is located in the Downtown Historical District and the Enterprise Zone which allow for several economic incentives such as State and Federal Historical Tax Credits for future improvements, for various small business grants related to marketing, technology and job creation and façade improvement grants and potential tax abatement for future improvements. It’s very rare to find a building in Staunton’s Downtown Historic District in excellent condition. 32 N Augusta Street stands out as an exception!