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OCCUPIED MIXED-USE BUILDINGS + 0.51 ACRES 500-502 First St 4,600 SF 100% Leased Office Building Shenandoah, VA 22849 $439,000 ($95.43/SF)
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,600 SF
Building Class
B
Year Built
1963
Price
$439,000
Price Per SF
$95.43
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
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Property Taxes
| Parcel Number | 102A3-1-C-1A | Improvements Assessment | $76,800 |
| Land Assessment | $5,000 | Total Assessment | $81,800 |
Property Taxes
Parcel Number
102A3-1-C-1A
Land Assessment
$5,000
Improvements Assessment
$76,800
Total Assessment
$81,800
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OCCUPIED MIXED-USE BUILDINGS + 0.51 ACRES | 500-502 First St
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