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.
For sale
Price cut: $76K (8/28)
$1,519,000
23 E Beverley St, Staunton, VA 24401
4beds
--baths
10,154sqft
Est.:
Retail
Built in 1870
-- sqft lot
$1,449,100 Zestimate®
$150/sqft
$-- HOA
What's special
Private balconyTurnkey luxury apartmentsRestaurant floorsDowntown viewsUpscale finishes
- 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#: VASC2000680

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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