111 Burgess Rd, HARRISONBURG, 22801

Commercial - Building

$2,300,000

Beds
Full Baths
Half Baths

5,060Sqft
.33Acres
2006Built
327DOM
MLS® #: 606584
Pending, 327 Days on Market

Mattias Clymer

REALTOR®

  • Office 540-434-2400
  • Cell 540-246-9067
Questions?

The former Ruby Tuesday is located in one of the most active commercial areas on the I-81 corridor. The 5,060 sf restaurant is positioned immediately off of I-81, Exit 247, at an intersection yielding the highest combined traffic counts in the metro area. The space is immediately surrounded by 532,000sf of consumer generators like Home Depot, Walmart, Best Buy, Chipotle and Panera Bread in the market’s top shopping destination. In addition to the area activity driven by retail, four new hotels are under construction in close proximity and the property is within site distance of James Madison University (22,000 students) with the new JMU Convocation Center ( www.jmuconvo.com ) is situated directly across Reservoir Street.

Price & Status History

Date Details
Status Changed from Active to Pending

Essential Information

MLS® #: 606584
Price: $2,300,000
Square Footage: 5,060
Acres: 0.33
Year Built: 2006
Type: Commercial
Sub-Type: Building
Status: Pending

Community Information

Address: 111 Burgess Rd
State: Virginia
Zip Code: 22801

Amenities

Features: Grade Level Door, Handicap Access, Lighting, On City Bus Route, Paved Outside Area

Interior

Heating: Forced Air
Cooling: Central Air
# of Stories: 1

Exterior

Construction: Brick, Masonry, Other

Additional Information

Date Listed: July 29th, 2020
Days on Market: 327
Zoning: B-2 General Business
Listing Office: Cottonwood Commercial LLC
Listing Agent: Timothy Reamer

Listing Details

Listing Office: Cottonwood Commercial LLC

Financials

$/SqFt: $455

Neighborhood Information for 111 Burgess Rd

High Residential Turnover

  • Lows

    • January 20.40℉
    • July 61.60℉
  • rain icon

    Precipitation

    • 36.12"
  • Highs

    • January 40.50℉
    • July 85.30℉

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