842 N SHENANDOAH AVE new to site

Front Royal,VA 22630

$ 1780000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID VAWR2012484

Year Built 1980

Annual Tax Amount $4,297

Tax Year 2025

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Office

Source BRIGHT

Property Description

This commercial property, originally constructed in 1980, has been fully renovated in 2024 with all new systems, roof, flooring, and finishes, offering a turnkey investment opportunity. The building is 100% leased to the Commonwealth of Virginia Department of Corrections, providing secure government credit tenancy and stable long-term income.
The comprehensive renovation not only enhances curb appeal but also ensures operational efficiency, durability, and reduced maintenance costs. With its strategic location along Front Royal's primary commercial corridor, the property is positioned to remain highly competitive within the market.
Ownership covers key operating expenses including electricity, insurance, landscaping, and trash collection, reducing tenant overhead and further strengthening retention. Investors can anticipate strong returns supported by both the government lease and the property's improved market profile.
In summary, this is a rare opportunity to acquire a fully modernized, government-leased asset in a high-visibility location, combining secure cash flow, long-term stability, and capital appreciation potential.

Location

State VA

County Warren

Zoning R-3

Interior

Hot Water Electric

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 40.0

Water Access N

Roof Type Shingle

Accessibility Ramp - Main Level

Total Parking Spaces 40

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Warren County Public Schools

Others

Tax ID 20-A5-2-27-3

Ownership Fee Simple

Special Listing Condition Standard

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