Back to Search
842 N Shenandoah Ave
For Sale $1,780,000
$1,780,000
- Units
- Unknown Sq Ft
- 16,553 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,780,000 |
| Property Type | Office |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1980 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 20A52273 |
| MLS # | VAWR2012484 |
| Property ID | 322228037 |
| Lot Sqft | 16,553 |
| Zoning | R-3 |
| Days on Market | 75 |
| Original List Price | Unknown |
| Date Updated | December 10, 2025 |
| Date Created | October 01, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $132,242 | $0 |
| Net Income (Yr) | $ 99,000 |
| Cap Rate | 5.56% |
Listing Provided By
Hyejung Hannah Kim an agent of . Lic #0225239802
© 2025 Copyright BRIGHT, All Rights Reserved
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.
This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors.
Information Deemed Reliable But Not Guaranteed
Data last updated: December 15, 2025.
Contact Agent
Schedule Appointment
Showing Agent
Loading agent...
- 30 mins
- America/Phoenix
Sun
Mon
Tue
Wed
Thu
Fri
Sat
Robert Crawford
REAL ESTATE AGENT