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Listed by Michael Gutzler • LPT Realty, LLC
$1,678,500
Est. payment /mo
12,842 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 12,842 sqft
Price per Sqft $130
MLS Listing ID VASC2000672
Year Built 1870
Annual Tax Amount $4,125
Tax Year 2022
Lot Size 2,800 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Own the Building That Anchors the Block. Profit From the Heartbeat of a City with National Attention.
In the story of every great town, there's a landmark that signals what's possible — a building that doesn't just stand tall but stands for something. Welcome to 23 E Beverley Street, where historic charm meets modern luxury and long-term stability. Located in the thriving core of Staunton, Virginia, this fully revitalized four-story building offers an immediate opportunity for multi-stream income and generational value.
THE OFFERING
4 turnkey luxury apartments on upper floors – fully leased, meticulously renovated, with upscale finishes and downtown views - 2 with private balcony.
2 restaurant floors, currently home to the acclaimed Queen City Bistro – a rising star in Staunton's growing culinary scene
Totaling 12,800+ SF, with flexible zoning, updated systems, and no deferred maintenance
A rare chance to own an appreciating asset in one of Virginia's most talked-about small cities.
A Building That Pays You Back – From Day One
This isn't just a property — it's a profit-generating ecosystem. You're not choosing between residential or commercial. You're securing both:
Consistent rental income from the luxury apartments
Commercial lease revenue from a thriving restaurant tenant
Downtown location with foot traffic, events, and tourism built in.
Staunton has emerged as one of America's best small towns — not by accident, but by design.
Named one of the "Best Small Towns in the South" by Southern Living
Featured in Travel + Leisure, Garden & Gun, and The New York Times for its thriving arts scene, architecture, and food culture
Home to the American Shakespeare Center, award-winning restaurants, boutique hotels, and year-round festivals
A magnet for remote workers, creative professionals, and savvy investors fleeing the sprawl for walkability, beauty, and soul.
Buildings like this rarely come up — and when they do, they don't last long.
Let's talk legacy, leverage, and lifestyle.
In the story of every great town, there's a landmark that signals what's possible — a building that doesn't just stand tall but stands for something. Welcome to 23 E Beverley Street, where historic charm meets modern luxury and long-term stability. Located in the thriving core of Staunton, Virginia, this fully revitalized four-story building offers an immediate opportunity for multi-stream income and generational value.
THE OFFERING
4 turnkey luxury apartments on upper floors – fully leased, meticulously renovated, with upscale finishes and downtown views - 2 with private balcony.
2 restaurant floors, currently home to the acclaimed Queen City Bistro – a rising star in Staunton's growing culinary scene
Totaling 12,800+ SF, with flexible zoning, updated systems, and no deferred maintenance
A rare chance to own an appreciating asset in one of Virginia's most talked-about small cities.
A Building That Pays You Back – From Day One
This isn't just a property — it's a profit-generating ecosystem. You're not choosing between residential or commercial. You're securing both:
Consistent rental income from the luxury apartments
Commercial lease revenue from a thriving restaurant tenant
Downtown location with foot traffic, events, and tourism built in.
Staunton has emerged as one of America's best small towns — not by accident, but by design.
Named one of the "Best Small Towns in the South" by Southern Living
Featured in Travel + Leisure, Garden & Gun, and The New York Times for its thriving arts scene, architecture, and food culture
Home to the American Shakespeare Center, award-winning restaurants, boutique hotels, and year-round festivals
A magnet for remote workers, creative professionals, and savvy investors fleeing the sprawl for walkability, beauty, and soul.
Buildings like this rarely come up — and when they do, they don't last long.
Let's talk legacy, leverage, and lifestyle.
Location
State VA
County Staunton City
Zoning B-2
Interior
Hot Water Electric
Heating Wall Unit
Cooling Central A/C
Flooring Wood
Heat Source Electric
Exterior
Water Access N
Roof Type Rubber
Accessibility Level Entry - Main
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Staunton City Public Schools
Others
Tax ID 8206
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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