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ONLINE AUCTION – DECEMBER 2, 2026 AT 1:00 PM

Auction

3211 Peoples Dr, Harrisonburg, VA 22801, USA

$123,456,789

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Property Description

Commercial real estate opportunity in Harrisonburg's growing south end! Three B-2 General Business zoned properties along Peoples Drive are being offered at online auction, individually, in combinations, or together. Conveniently located less than one mile from Interstate 81 Exit 243, these properties offer opportunities for business owners, investors, and developers in an established commercial corridor surrounded by retail, professional offices, and ongoing residential and commercial development.

TRACT 1 – 3211 Peoples Drive, Suite 130: Approximately 3,750 SF of commercial condominium space featuring a flexible layout with private offices, open warehouse/workspace, two restrooms, and a kitchen area. Currently vacant and available for owner occupancy or investment.

TRACT 2 – 3211 Peoples Drive, Suite 110: Approximately 937 SF of leased commercial condominium space offering immediate investment income. Existing triple-net lease runs through December 31, 2031, with annual net income of $14,953 and 3% annual increases.

TRACT 3 – 3191 Peoples Drive: Approximately 1.0± acre undeveloped commercial lot with nearby utility connections, an existing entrance, and sidewalk. An opportunity for future commercial development, subject to applicable restrictions and approvals.

All three properties are zoned B-2 General Business. Bidders may purchase individual tracts, combinations, or all three properties through a multi-parcel auction format.

AUCTION DETAILS: Online bidding closes Wednesday, December 2, 2026, at 1:00 PM EST. Properties will sell to the highest bidder regardless of price, with starting bids of $25,000 per tract. A 10% buyer's premium applies. Properties are sold AS-IS with no financing, appraisal, or inspection contingencies. Additional auction terms apply.

PROPERTY TOURS: November 11 and November 30 at 1:00 PM, or by appointment.

IMPORTANT: ALL BIDS MUST BE SUBMITTED ONLINE. For complete property details, photographs, auction terms, and bidding registration, visit Mountain Valley Auction Group. Copy and paste the auction website address into your browser:

https://www.mountainvalleyauctions.com/auctions/detail/bw172817

Offered in partnership with Lee & Associates Real Estate and Mountain Valley Auction Group. For additional information or to schedule a showing, contact Jeff Robb at 540-478-7616 or Linford Berry at 540-476-3309.

Contact Agent

Property Details

Property Type

Auction, Commercial, Farm & Land

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Zoning

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Attachments

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Property Location

3211 Peoples Dr, Harrisonburg, VA 22801, USA

Disclaimer: All information is believed accurate, but not guaranteed or warranted.

All parties are responsible for verifying information prior to leasing or purchasing.

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Lee & Associates | 540-437-3728

Mailing address: 10070 Mount Zion Road, Linville, VA 22834 

Address for scheduled meetings: The Offices at 31 N Federal Street, Harrisonburg, VA 22802

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