Cottonwood Commercial announces the successful closing of the $1,050,000 sale of a former bank branch in Staunton, Virginia. Craig Anders of Cottonwood Commercial represented the seller in the transaction.
The 2,814-square-foot commercial property is situated on a flat 1.55-acre lot at the signalized corner of Frontier Drive and Route 11. The site benefits from excellent accessibility, featuring two curb cuts that enhance ingress and egress for future users. Strategically located just north of the Staunton Bypass, the property offers direct and convenient access to both Interstate 81 and Interstate 64, two of the region’s primary transportation corridors.
Zoned General Business, the site allows for a wide range of potential uses, including retail, restaurant, medical, vehicle service, or financial services. This versatility, combined with strong visibility and a highly accessible location, makes the property a compelling long-term asset within the Staunton market.
About Cottonwood Commercial
Cottonwood Commercial is a full-service commercial real estate firm specializing in brokerage, property management, and advisory services across Virginia. With a commitment to integrity, expertise, and client-focused solutions, Cottonwood Commercial delivers strategic real estate services for investors, landlords, and tenants. For more information, visit www.cottonwood.com.