238 E King St - Office/Residential FOR SALE


Strasburg, VA 22657
$325,000 USD
571-201-3633
238 E King St, Strasburg, VA for Sale
$325,000 USD
Office/Residential - FOR SALE
1/28
null | 9.6% Cap Rate

238 E King St
Strasburg, VA 22657


HIGHLIGHTS

  • Proven Income
  • Vacant- Immediate Possession & Control
  • Mixed Use, Main Entrance with two seperate units

OVERVIEW

Motivated seller relocating internationally for postdoctoral research position, must close by June/July 2026. Closing coordinated through Grabill and Cook Attorneys, established firm with commercial real estate experience in Shenandoah Valley. Previous contract terminated due to buyer's residential financing attempt on commercial property. Commercial loan prequalification or proof of funds now required before showings to ensure qualified buyers and smooth transaction. Priced at $325K based on 9.6% cap rate with documented income and upside potential. Ready to move forward immediately with qualified investor.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

9.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,613 SF

ZONING

Historic Community

APN/PARCEL ID

025A3-A-305

ASK ABOUT THIS PROPERTY

Aya NobleAya Noble Holdings LLCMore Info
571-201-3633

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Aya NobleAya Noble Holdings LLCMore Info
571-201-3633

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.