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630 Charles St 1,820 SF Flex Building Staunton, VA 24401 $350,365 CAD ($192.51 CAD/SF) 6.38% Cap Rate
Investment Highlights
- Possibility for multiple tenants
Executive Summary
Flex space has 1820 total SF, with roughly 450 SF of office space and remaining space is warehouse/workshop. Office space includes main room, 2 private offices and bathroom. 2 overhead doors access the warehouse space. Property sits on .37 acres, with plenty of room for vehicles.
Currently leased to medical supply company for $1,560/month. Tenant pays utilities, landlord pays insurance and taxes. Dividing space for another tenant may be possible. OWNER AGENT.
Currently leased to medical supply company for $1,560/month. Tenant pays utilities, landlord pays insurance and taxes. Dividing space for another tenant may be possible. OWNER AGENT.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$26,235
|
$14.42
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$26,235
|
$14.42
|
| Taxes |
$2,217
|
$1.22
|
| Operating Expenses |
$1,682
|
$0.92
|
| Total Expenses |
$3,899
|
$2.14
|
| Net Operating Income |
$22,336
|
$12.27
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $26,235 |
| Annual Per SF | $14.42 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $26,235 |
| Annual Per SF | $14.42 |
| Taxes (CAD) | |
|---|---|
| Annual | $2,217 |
| Annual Per SF | $1.22 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $1,682 |
| Annual Per SF | $0.92 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $3,899 |
| Annual Per SF | $2.14 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $22,336 |
| Annual Per SF | $12.27 |
Property Facts
| Price | $350,365 CAD | Lot Size | 0.37 AC |
| Price Per SF | $192.51 CAD | Rentable Building Area | 1,820 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.38% | Year Built | 1976 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Distribution | Parking Ratio | 10.99/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | B2 - General Business | ||
| Price | $350,365 CAD |
| Price Per SF | $192.51 CAD |
| Sale Type | Investment |
| Cap Rate | 6.38% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.37 AC |
| Rentable Building Area | 1,820 SF |
| No. Stories | 2 |
| Year Built | 1976 |
| Tenancy | Single |
| Parking Ratio | 10.99/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | B2 - General Business |
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Commonwealth Health Care
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Commonwealth Health Care | Health Care and Social Assistance | - | - | - |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Total Assessment | $2,518,143 CAD | |
| Land Assessment | $508,029 CAD | Annual Taxes | $2,217 CAD ($1.22 CAD/SF) |
| Improvements Assessment | $2,010,114 CAD | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$508,029 CAD
Improvements Assessment
$2,010,114 CAD
Total Assessment
$2,518,143 CAD
Annual Taxes
$2,217 CAD ($1.22 CAD/SF)
Tax Year
2025
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630 Charles St
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