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For sale
  • Price cut: $76K (8/28)
    $1,519,000

    23 E Beverley St, Staunton, VA 24401

    4beds
    --baths
    10,154sqft
    : 
    Retail
    Built in 1870
    -- sqft lot
    $1,449,100 Zestimate®
    $150/sqft
    $-- HOA

    What's special

    Private balconyTurnkey luxury apartmentsRestaurant floorsDowntown viewsUpscale finishes
    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.
    64 days
    on Zillow
    |
    911
    |
    31
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 28, 2025 at 08:35am

    Listed by:

    Mike Gutzler 540-416-2267,

    LPT Realty, LLC

    Source: Bright MLS,MLS#: VASC2000680MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Basement
    • Area: 2688
    Heating
    • Wall Unit, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Wood
    • Basement: Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 12,842
    • Total interior livable area: 10,154 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Other, Parking Lot, On Street, Garage
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Pool features: None
    Lot
    • Size: 2,800 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 8206
    • Zoning: B-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mid-Century Modern
    • Property subtype: Retail
    Materials
    • Brick
    • Roof: Rubber
    Condition
    • Excellent
    • New construction: No
    • Year built: 1870

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Staunton

    Financial & listing details

    • Price per square foot: $150/sqft
    • Tax assessed value: $845,100
    • Annual tax amount: $4,125
    • Date on market: 6/27/2025
    • Listing agreement: Exclusive Agency
    • Ownership: Fee Simple
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