500-502 First St - Office FOR SALE


Shenandoah, VA 22849
$439,000 USD
540-820-7008
500-502 First St, Shenandoah, VA for Sale
$439,000 USD
Office - FOR SALE
1/27
null | Request Cap Rate

500-502 First St
Shenandoah, VA 22849


OVERVIEW

100% Occupied! Recently renovated, unique value-add investment opportunity featuring a two unit mixed use building, a two unit retail building, and a vacant lot ready to be developed in the heart of the Town of Shenandoah. 500 First St features an upstairs residential apartment (occupied) and a first floor retail unit (also occupied). 502 First St includes a large commercial space that is fully occupied. This offer includes a half acre of commercial land directly across from the Norfolk Southern Train Yard and the Town of Shenandoah Museum & Visitors Center.

FOR SALE DETAILS

PRICE

$439,000 USD

PRICE/SF

$95 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

OCCUPIED MIXED-USE BUILDINGS + 0.51 ACRES

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

C1

APN/PARCEL ID

102A3-1-C-1A

ASK ABOUT THIS PROPERTY

Keith MayCottonwood CommercialMore Info
540-820-7008

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Keith MayCottonwood CommercialMore Info
540-820-7008

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