508 N Commerce Ave - Bank FOR SALE


Front Royal, VA 22630
$825,000 USD
540-247-1756
508 N Commerce Ave, Front Royal, VA for Sale
$825,000 USD
Bank - FOR SALE
1/35
null | Request Cap Rate

508 N Commerce Ave
Front Royal, VA 22630


HIGHLIGHTS

  • Corner location at N. Commerce Avenue & E. 5th Street in downtown Front Royal
  • +/- 3,143 SF Building on 0.5166 Acres Zoned C1
  • 375 SF Leased to First Bank through 2027 with Extension Options
  • Just three blocks from the Warren County Government Center and U.S. Post Office
  • Traffic Count of 15,246 Vehicles Per Day with Monument Signage Available

OVERVIEW

Exceptional commercial property located on the corner of North Commerce Avenue and East 5th Street in downtown Front Royal. This ±3,143 SF single-story building sits on 0.5165 acres and is zoned C1, offering flexibility for office, retail, or mixed-use applications. The site benefits from high visibility and accessibility, with a traffic count of 15,246 vehicles per day, and is just three blocks from the Warren County Government Center and the U.S. Post Office. The building features seven private offices, a conference room, two restrooms (including one handicap accessible), an entry vestibule, and a small lobby area. A 375 SF drive-through banking suite is currently leased to First Bank through September 2027, with extension options through 2030, providing stable rental income. Utilities include public water and sewer, electric, and oil heat. Shared monument signage is available. With only 12% of the building currently leased, the property presents a strong opportunity for owner-users or investors seeking additional leasing potential. Offered at $825,000. Showings by appointment only.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$326 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C1

APN/PARCEL ID

20A5-620-25

ASK ABOUT THIS PROPERTY

Brett HaynesOakCrest Commercial Real EstateMore Info
540-247-1756

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Brett HaynesOakCrest Commercial Real EstateMore Info
540-247-1756

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