600 East Main St, Waynesboro, VA

$845,000

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5,618

Square feet

0.24

Acres

About 600 East Main St

Exceptional investment opportunity—this 8-unit multifamily property delivers strong income performance with a 10% cap rate. Positioned on a high-visibility corner, the building features a well-balanced unit mix of 2 studios, 3 one-bedroom units, and 3 two-bedroom units, appealing to a wide range of tenants. The property offers updated interiors, a large paved parking area, and separately metered utilities for streamlined management and reduced owner expenses. Its prominent location ensures excellent traffic exposure, contributing to consistent demand and stable occupancy. Located just minutes from Downtown Waynesboro, the 250 Greenway, Basic City Brewery, Happ Coffee Roasters, and popular local amenities, this property attracts tenants seeking convenience and walkability. Quick access to Interstate 64 further enhances renter appeal. A rare chance to acquire a turnkey, income-producing multifamily property with proven performance and strong future potential.

Features of 600 East Main St

MLS® # 669348
Price $845,000
Bathrooms 0.00
Square Footage 5,618
Acres 0.24
Year Built 1911
Type Residential
Sub-Type Detached
Status Active

Community Information

Address 600 East Main St
Subdivision NONE
City Waynesboro
County Waynesboro
State VA
Zip Code 22980

Amenities

Utilities Cable Available
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Foundation Block

School Information

Elementary Wenonah
Middle Kate Collins
High Waynesboro

Additional Information

Date Listed September 23rd, 2025
Days on Market 165
Zoning LB Local Business
Foreclosure No
Short Sale No

Listing Details

OfficeKline May Realty

Listing Map

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