Address
1516 Shenandoah Front Royal, VA
Price
$ 1,600,000
Property Attributes
  • MLS#VAWR141604
  • TypeCommercial
  • CountyWARREN
  • CityFront Royal
  • Zip22630
  • StyleMedical,Professional
  • Year Built2005
  • Taxes11879
  • Price$ 1,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10680
  • Lot Size1.06 Acres
Listing Provided Courtesy Of:
Oakcrest Commercial Real Estate
Property Description

Net lease professional office building features six units totaling 10,680 sf. Well located on the main northern corridor near Warren Hospital and I-66. Current tenants include a dentist, title company, attorney, state government agency, and a real estate company. Most have been long term tenants. Leases have varying expiration dates. There is currently one vacant unit that is a warm lit vanilla shell. Cap rate with vacancy is 7.43%. Ample off street parking, easy access and high visibility.

Price History
9/25/2020 Listed $1,600,000

General Features

Accessibility Doors - Swing In, Entry Slope <1'
Business Type Medical, Professional
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C
County WARREN
Heating Heat Pump(s)
New Construction No
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 149.81
Property SubType Office
Property Type Commercial Sale
Real Estate Owned Y/N No
Section 1
Sewer Public Sewer
Tax Annual Amount 11879.0
Tax Lot 1
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning COMM

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 10680.00
Car Parking Spaces 30
Lot Size Acres 1.06
Lot Size Source Assessor
Lot Size Square Feet 45999.00
Navigable Water Y/N No
Total Parking Spaces 30
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 22630

Price
AVG $650K
$1.6M
Taxes
AVG $3,840
$11,879
Visits
AVG 65
24
Year Built
AVG 1962
2005

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