$1,780,000

842 N SHENANDOAH AVE, Front Royal, VA 22630

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

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.

Listing Status:
Active
Listing Office:
Real Broker, LLC : 8554500442
Listing Agent:
Hyejung Hannah Kim : 7035176547
MLS ID:
VAWR2012484
  • A/C: Central A/C
  • Heating: 90% Forced AirElectric
  • Disability Feature: Ramp - Main Level
  • Roofing: Shingle
  • General: Brick
  • Originating MLS: BRIGHT_MAIN
  • School District: WARREN COUNTY PUBLIC SCHOOLS
  • County: WARREN-VA
  • Zoning: R-320-A5-2-27-3
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Hyejung Hannah Kim, Real Broker, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

E. Wilson Morrison Elementary School

40 Crescent St, Front Royal, VA, 22630

Grades PK-5

0.78 miles away

S

Skyline Middle School

240 Luray Ave, Front Royal, VA, 22630

Grades 6-8

1.03 miles away

S

Skyline High School

151 Skyline Vista Dr, Front Royal, VA, 22630

Grades 9-12

1.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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