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175 CENTRAL ST N Broadway, VA $ 630,000
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$ 630,000 Get more info
175 CENTRAL ST N
$ 630,000
Back to search
Share Save

175 CENTRAL ST N

Broadway, VA, 22815
$ 630,000
Bedrooms-- Baths-- Sq 4,800

Monthly Estimate*

$ 3,930

175 CENTRAL ST N, Broadway, VA 22815 - Image 1
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175 CENTRAL ST N, Broadway, VA 22815 - Image 8
175 CENTRAL ST N, Broadway, VA 22815 - Image 9
175 CENTRAL ST N, Broadway, VA 22815 - Image 10
175 CENTRAL ST N, Broadway, VA 22815 - Image 11
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Commercial Property for sale in Broadway, VA

for $630,000. This 4,800 square foot building was built in 2021 on a lot size of 0.51.

Originally built in 2021 as a 6 Bay Garage w/12' x 12' overhead doors, "Broadway Bays" is a 4,800 sq ft bldg, strategically located one block from Downtown & 13 miles north of Harrisonburg. Restaurant Buildout & HVAC upgrade completed in 2022 along w/flooring & mechanics to support current tenant (has EXCELLENT rental history), w/a 5year lease that ends Jun 30, 2027. 2% rent bumps every 12 mos. w/lease intakes as scheduled: 2024=$51,922.08  2025=$52,960.50  2026=$54,019.68 2027=$27,277.26 (Jan - Jun) Property is centrally located w/easy access to residential & commercial districts. Tenant's business is pivotal in Broadway's community & well known throughout the Central Shenandoah Valley. Broadway’s population of 4255 has a median age of 37 & median household income of $62,123 (2022), up from $57,878 (2020). Known for its bucolic scenery, the area industries focus on manufacturing, retail, & an attractive destination for those seeking to enjoy the countryside. Broadway had a population of 4,255 in 2022 & is growing at a rate of 0.98% annually & its population has increased by 4.03% since the most recent Census. 2024 OWNER EXPENSES *Rockingham Taxes 2269.84 *Broadway Taxes 333.80 *Insurance 660.00 *HVAC 84.00

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Commercial Active

Price

$ 630,000

Property Type

Commercial

Taxes

$ 2,269

Style

Lot Size

0.51

Year Built

2021

Town/City

Broadway

County/Region

Rockingham

MLS | Web ID

663386
Features
General
Sewer Connected
Heating Electric ForcedAir
Cooling CentralAir Ductless
Roof Metal
Construction Materials Frame VinylSiding
Year Built 2021
Stories Count 1
Levels One
Property Subtype Building
Tax Year 2024
County Rockingham
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Possible Use Automotive Restaurant
Garage Y/N N
Building Features GradeLevelLoading HandicapAccess OverheadDoors SingleTenant
Status Active
Directions VA Rt 42 to Broadway Continue North on Main St Right on Miller St Left on N. Central. Property at corner of Miller and N. Central St.
City Broadway
Senior Community Y/N N
Zoning Description B-1 Business General
MLS Area Rockingham Co NW
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2269.84
Home Warranty Y/N N
Property Condition Resale
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Building Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 333800
Legal Description E S Central St Lot & IMP Tax Map #51/A1 A //99
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Interior
Flooring Concrete
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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Exterior
Fencing None
Parking Features Private ThreeOrMoreSpaces
Water Source Connected Public
Spa N
Building Area Total 4800.0
Lot Size Acres 0.51
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 175
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* Excluded Features
List By
Kw Commonwealth

Broker

mjwhite@kw.com

Email

Affordability Calculator

$4,119
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,930
Monthly Property Taxes
$189
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/28/2025$630,000 Listed Price

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175 CENTRAL ST N, Broadway, VA, 22815 is a Commercial Property for sale at $630,000 with 4,800 sqft and a lot size of 0.51. 175 CENTRAL ST N was built in 2021. The property's zip code is 22815 which is in Broadway, VA

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