350 University Blvd - Freestanding FOR SALE


Harrisonburg, VA 22801
$3,750,000 USD
540-820-7008
350 University Blvd, Harrisonburg, VA for Sale
$3,750,000 USD
Freestanding - FOR SALE
1/40
null | Request Cap Rate

350 University Blvd
Harrisonburg, VA 22801


HIGHLIGHTS

  • WITHIN WALKING DISTANCE TO JMU, SURROUNDED BY MANY ESTABLISHED BUSINESSES
  • AVAILABLE FOR SALE: $3,750,000 OR LEASE: $19,000 PER MONTH TRIPLE NET
  • 7110 SF BUILDING WITH DRIVE THRU
  • SEATS 304 WITH ADDITIONAL OUTDOOR SEATING
  • HIGH CAPACITY KITCHEN/BAR - EQUIPMENT CAN ALSO BE PURCHASED
  • 2.09 ACRES - 149 PARKING STALLS

OVERVIEW

The former Island Wing is located in Harrisonburg, Virginia less than one mile from Interstate 81 on one of the area’s primary commercial corridors, University Blvd (20,000+ADT). Excellent feeder roads and just off the campus of James Madison University (22,000 students) place it among the most desirable locations in the market. Totally overhauled in 2021, the 7,110sf structure features a high capacity kitchen/bar; a dining area that seats approximately 304; and building systems capable of meeting the needs of any restaurant operator. Property is over 2 acres, and has 149 parking stalls, allowing plenty of parking for multiple users or additional land for redevelopment.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$527 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

FORMER ISLAND WING RESTAURANT | CLOSE TO JMU

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

149

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

B2

APN/PARCEL ID

079-B-1

ASK ABOUT THIS PROPERTY

Keith MayCottonwood CommercialMore Info
540-820-7008

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Keith MayCottonwood CommercialMore Info
540-820-7008

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