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Listed by Michael Gutzler • LPT Realty, LLC
$ 1,495,000
Est. payment | /mo
10,154 SqFt
$ 1,495,000
Est. payment | /mo
10,154 SqFt
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,154 sqft
Price per Sqft $147
MLS Listing ID VASC2000680
Style Mid-Century Modern
Abv Grd Liv Area 10,154
Year Built 1870
Annual Tax Amount $4,125
Tax Year 2022
Lot Size 2,800 Sqft
Acres 0.06
Lot Dimensions 0.00 x 0.00
Property Sub-Type Other
Source BRIGHT
Property Description
Price Drop on a Rare Downtown Gem!
Opportunities like this don't come around often — especially on Beverley Street in the heart of Downtown Staunton. This is your chance to own a truly unique property in one of the city's most coveted locations.
Featuring 4 spacious apartments — two with private balconies, two with private decks — a rarity in downtown Staunton. Live in one and rent out the rest, or turn the entire property into a charming Bed & Breakfast or Airbnb retreat.
Downstairs? There's already an established restaurant tenant — meaning you can literally roll out of bed and into a delicious meal or evening drink. Imagine entertaining friends without ever needing to cook — just head downstairs and enjoy.
Whether you're an investor, entrepreneur, or someone dreaming of a vibrant downtown lifestyle, this is your moment.
Don't let it slip away — properties like this almost never hit the market.
Previous Remarks:
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
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.
Opportunities like this don't come around often — especially on Beverley Street in the heart of Downtown Staunton. This is your chance to own a truly unique property in one of the city's most coveted locations.
Featuring 4 spacious apartments — two with private balconies, two with private decks — a rarity in downtown Staunton. Live in one and rent out the rest, or turn the entire property into a charming Bed & Breakfast or Airbnb retreat.
Downstairs? There's already an established restaurant tenant — meaning you can literally roll out of bed and into a delicious meal or evening drink. Imagine entertaining friends without ever needing to cook — just head downstairs and enjoy.
Whether you're an investor, entrepreneur, or someone dreaming of a vibrant downtown lifestyle, this is your moment.
Don't let it slip away — properties like this almost never hit the market.
Previous Remarks:
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
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.
Location
State VA
County Staunton City
Zoning B-2
Rooms
Basement Partially Finished
Interior
Hot Water Electric
Heating Wall Unit
Cooling Central A/C
Flooring Wood
Heat Source Electric
Exterior
Parking Features Other
Garage Spaces 1.0
Water Access N
Roof Type Rubber
Accessibility Level Entry - Main
Total Parking Spaces 1
Garage Y
Building
Above Ground Finished SqFt 10154
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Staunton City Public Schools
Others
Tax ID 8206
Ownership Fee Simple
SqFt Source 10154
Special Listing Condition Standard
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