Unique opportunity to own a gas station and restaurant/retail/office space near James Madison University and in the center of a densely populated multi-family area. Approximately 2 acres near I-81 Exit 245. Property is on the corner of Port Republic Road and Devon Lane with 28,000 AAWDT, 1/4 mile from the interstate exit, and 1/2 mile to the JMU main entrance. There are approximately 3,500+ bedrooms within a 1/4 mile radius. Settlement is subject to division by the City of Harrisonburg. The property currently has a tenant operating a Citgo gas station and convenience store - 2,400 square feet. The first floor has about 3,100 square feet of restaurant and kitchen space with an attached deck of 3,000 square feet for outdoor dining space. The lower level has approximately 5,500 square feet that can be used for office or retail. There is also a third level for office/storage space consisting of approximately 1,200 square feet.
High Residential Turnover