239 South St - Freestanding FOR SALE


Front Royal, VA 22630
$2,950,000 USD
703-494-7691
239 South St, Front Royal, VA for Sale
$2,950,000 USD
Freestanding - FOR SALE
1/22
null | Request Cap Rate

239 South St
Front Royal, VA 22630


OVERVIEW

South Towne Center is a 12,270 SF mixed-use investment property situated on 1.20 acres in Front Royal, VA. The property includes 11,100 SF of commercial space and 1,170 SF of residential space with a current NOI of $197,373 and a 6.7% cap rate. Recent capital improvements include new roofs, updated LED lighting, and a newly paved/striped parking lot. Located along South Street (16,000 VPD), the property offers multiple access points, strong visibility, 62± parking spaces, and value-add potential through converting leases to NNN.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$348 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,322 SF

ZONING

C-1

APN/PARCEL ID

20A712-19,20A712-22B,20A712A-C

ASK ABOUT THIS PROPERTY

Melanie NobrigaBoosalis PropertiesMore Info
703-494-7691

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Melanie NobrigaBoosalis PropertiesMore Info
703-494-7691

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