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1947 Medical AvenueHarrisonburg, VA 22801Price: $2,290,000

  • Price: $2,290,000
  • 92 Days on Market
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1947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 228011947 Medical Avenue Harrisonburg VA 22801
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  • 1.02Acreage
  • 1998Year Built
  • 209Price Per Square Foot
  • 2Units
Well-maintained 10,950 SF two-story brick medical office condominium currently leased to UVA Pediatrics, which has operated at this location for 10 years. The lease expires August 31, 2026, after which it converts to month-to-month until the tenant relocates. Under the NN lease, the tenant pays property taxes, insurance, and all repairs and maintenance except the roof. Constructed in 1998, this attractive property offers a highly functional layout featuring 20 exam rooms, 18offices, a conference room, 9 restrooms, multiple storage rooms, a kitchen/meeting room, 3 separate entrances, ample parking on a 1.02-acre site. The property is ideally located in a strong medical and retail corridor, surrounded by numerous national retailers and professional offices. It is situated just 0.5 miles from James Madison University and less than 2 miles from Sentara RMH Medical Center, making it a strategic location for continued medical or professional office use. Excellent opportunity for investors or future owner-users.
Listed by Jason Song of Cottonwood Commercial,LLC.

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Location Information

  • UsmAreaHarrisonburg

Parking

  • Parking TypesParking Lot

Basic Information

  • Date Listed03/11/2026

Location

  • Address1947 Medical Avenue
  • Building Number1947
  • CountyHarrisonburg City
  • DirectionsFrom I-81 (exit 247) take E Market St toward East. Drive 0.5 miles and Turn right onto University Blvd. Drive 0.3 miles and Turn left onto Medical Avenue. The property is on your right.
  • In City Limits YNYes
  • StateVA
  • TownHarrisonburg
  • Zip22801

Exterior

  • RoofShingle

Legal

  • Landusecode211
  • PossessionSettlement
  • Sale TypeStandard
  • Total Actual Rent146196

Basic Information

  • Broker NameCottonwood Commercial, LLC.
  • List Price$2,290,000
  • MLS NumberVAHC2000576
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot209
  • StatusACT
  • Units2

Property

  • Acreage1.02
  • Business TypeMedical, Professional
  • Lot Size SourceAssessor
  • Lot Size Square Feet44,640
  • New Construction YNN
  • Property ConditionExcellent
  • Property SubTypeOffice
  • ZoningB2

Amenities

  • Accessibility AmenitiesOther

Tax Information

  • Assessment Year2025
  • Tax Assessment Amount$1,995,000
  • Tax Year2025
  • Taxes$20,149
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceEstimated
  • Building Area Total10950
  • Construction MaterialsBrick
  • Entry Level1
  • Stories2
  • Total Garage And Parking Spaces35
  • Year Built1998

Interior

  • FlooringCarpet

Utilities

  • Central Air YNYes
  • CoolingHeat Pump(s), Central A/C
  • Cooling FuelElectric
  • Heat SystemCentral, Heat Pump - Electric BackUp
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterMulti-tank
  • Water SourcePublic

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 11, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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