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3211 Peoples Dr
Harrisonburg, VA 22801

$199,375 - $529,000 USD

Research And Development Condos For Sale  •  937+ SF

Property Details

  • Property Type Research And Development
  • Total Building Size 15,000 SF
  • Lot Size 0.67 AC
  • Building Class B
  • Year Built 2004
  • Tenancy Multiple
  • Zoning B-2
30 Transit Score
30 Walk Score

2 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 110 Office/Retail 937 SF $199,375 USD
  • Unit Size: 937 SF
  • Condo Use: Office/Retail
  • Price: $199,375 USD
  • Sale Type: Investment
  • Price/SF: $212.78 USD
Description
This professional office condominium offers a stabilized, income-producing investment opportunity in the Hammond Professional Park, just off South Main Street in Harrisonburg, Virginia. The property spans 937.5 square feet and is currently under a long-term lease through the end of 2031, providing investors with predictable cash flow and a 7.5% capitalization rate.

Sale Notes
Positioned within a well-established professional corridor, the asset benefits from consistent demand for office space in the Harrisonburg market. The property features shared parking and easy access to major roadways, making it convenient for tenants and visitors alike. With a true plug-and-play investment structure already in place, this offering is ideal for those seeking a low-maintenance, income-generating property in a growing regional market.
1st Floor - Unit 130 Office 3,750 SF $529,000 USD
  • Unit Size: 3,750 SF
  • Condo Use: Office
  • Price: $529,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $141.07 USD
Description
This 3,750 SF double-unit office condominium is located in the Professional Park on Peoples Drive in the south end of Harrisonburg, Virginia. The property offers a flexible, open layout designed to accommodate a wide range of business operations. Featuring two private entrances, the space provides strong functionality for client-facing environments, collaborative workspaces, or operational planning.

The interior spans approximately 75 feet deep by 50 feet wide, creating efficient depth for workspace design. The current configuration includes a large open area, multiple offices, a conference room, reception area, and a break room, offering adaptability for professional services, training facilities, or specialty uses.

Sale Notes
Positioned near major roadways and commercial amenities, the property benefits from convenient access to Interstate 81, James Madison University, and surrounding retail and dining options. This location supports strong connectivity for employees and clients alike, making it a compelling opportunity for owner-occupants or investors seeking a versatile office asset in a growing market.

Description 

The property is an office condominium located at 3211 Peoples Drive, Suite 130, in Harrisonburg, Virginia. It is situated in the Professional Park development on the south end of the city. The site offers access to Interstate 81 and is near James Madison University and surrounding commercial services. The building includes two private entrances and an interior layout with open space and enclosed offices.

Highlights

Two private entrances enhance accessibility and operational flexibility.
Open floor plan with multiple offices and a conference room for diverse business needs.
Located in Professional Park with proximity to Interstate 81 and major commercial corridors.
Includes a break room and restrooms for employee convenience.
Positioned near James Madison University and a variety of retail and dining amenities.
Ample depth and width for efficient workspace planning and layout customization.

Property Flyers

Amenities

  • Air Conditioning
Jeffrey Robb 540-478-7616 Lee & Associates
Jeffrey Robb 540-478-7616 Lee & Associates