842 N Shenandoah Avenue Front Royal, VA $ 1,780,000
842 N Shenandoah Avenue
$ 1,780,000
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842 N Shenandoah Avenue

Front Royal, VA, 22630
$ 1,780,000
Bedrooms-- Baths-- Sq 4,945

Monthly Estimate*

$ 11,105

842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 1
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 2
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 3
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 4
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 5
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 6
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 7
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 8
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 9
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 10
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 11
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 12
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 13
842 N Shenandoah Avenue, Front Royal, VA 22630 - Image 14

Commercial Property for sale in Front Royal, VA

for $1,780,000. This 4,945 square foot building was built in 1980 on a lot size of 0.38.

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 Royals 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 propertys 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.

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Commercial Active

Price

$ 1,780,000

Property Type

Commercial

Taxes

$ 4,297

Style

Lot Size

0.38

Year Built

1980

Town/City

Front Royal

County/Region

Warren

MLS | Web ID

VAWR2012484

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession Settlement
Roof Shingle
Zoning R-3
Construction Materials Brick
Year Built 1980
Property Subtype Office
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Gross Income 132242.00
Business Type Other
Accessibility Ramp - Main Level
County WARREN
Net Operating Income 99000.00
Operating Expense 33224.00
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From I-66 (Exit 6): Take US-340/US-522 South toward Front Royal. Continue 1.5 miles then turn right onto N. Shenandoah Avenue. The property is on the right prominently positioned along the corridor.
City FRONT ROYAL
Disclosures Under Lease
Lot Size Units Square Feet
Lot Size Square Feet 16553.00
Tax Annual Amount 4297.77
Price Per Sq Ft Total AG 359.96
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision COLLEGE HTS
Total Actual Rent 132242.00
Cap Rate 5.56
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 4945.00
Lot Size Acres 0.38
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 148500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 842
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* Excluded Features
List By
Real Broker, Llc

Broker

hannah@hannahkimrealtor.com

Email

Affordability Calculator

$11,463
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,105
Monthly Property Taxes
$358
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2025$1,780,000 Listed Price

Map


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842 N Shenandoah Avenue, Front Royal, VA, 22630 is a Commercial Property for sale at $1,780,000 with 4,945 sqft and a lot size of 0.38. 842 N Shenandoah Avenue was built in 1980. The property's zip code is 22630 which is in Front Royal, VA