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100% LEASED MIXED-USE BUILDING 500-502 First St 4,600 SF 100% Leased Office Building Shenandoah, VA 22849 $410,000 ($89.13/SF)

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EXECUTIVE SUMMARY

100% Leased! 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. 504 First St is a 0.51 acre vacant lot that is also for sale.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,600 SF
Building Class
B
Year Built
1963
Price
$410,000
Price Per SF
$89.13
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,300 SF
Building FAR
0.14
Lot Size
0.73 AC
Zoning
C1 - Central Business District

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
102A3-1-C-1A
Land Assessment
$5,000
Improvements Assessment
$76,800
Total Assessment
$81,800
  • Listing ID: 35361231

  • Date on Market: 4/3/2025

  • Last Updated:

  • Address: 500-502 First St, Shenandoah, VA 22849

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