$439,000
OCCUPIED MIXED-USE BUILDINGS + 0.51 ACRES
Details
Property Type Land, Mixed Use
Sub Type Convenience Store, Creative Office
Square Footage 4,600
Units 4
Cap Rate 7.20%
Occupancy 100%
Tenancy Multi
Class B
Year Built 1963
Year Renovated 2023
Buildings 2
Stories 2
Acreage 0.730
Zoning C1
Investment Type Stabilized
INVESTMENT OPPORTUNITY | 100% OCCUPIED RENOVATED MIXED-USE BUILDING
Marketing description
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.
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