$ 1,780,000
-
$1,780,000
Price -
0
Bed - Bath
-
4,945
SqFt
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About the Listing REKL1 - 3280450
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 Highlights for 842 N Shenandoah Ave
Status
Active
Days on Site
33
Property Type
Commercial Sale
MLS ®
VAWR2012484
Year Built
1980
Total Square Footage
4,945
Lot/Acreage
0.38
County
Warren
School District
Warren County Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 40
- Zoning: R-3
- Roof: Shingle
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $4,298
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Listing Location
Questions About..
842 N Shenandoah Ave Front Royal, VA 22630
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