Property Listing No Longer Available for Sale

437 S. Royal Avenue, Front Royal, VA

Office for Sale - $575,000 - 5,040 Sq. Ft. on 0.53 acres


Property Info

CIMLS#972614
Location
  437 S. Royal Avenue
  Front Royal VA 22630
UpdatedJanuary 23rd, 2018
TypeOffice
Price$575,000
Building5,040 Sq. Ft.
Land0.53 acres

Property Description

Highly visible office building located at lighted intersection at S. Royal and South St. Rt. 340 is major traffic corridor through Front Royal to Skyline Dr, approximately 30,000 cars per day. The building is 5,040sf made up of office space on two floors. Interesting property to an investor or end user. Renovations have been made to many small office suites with short term leases, while larger suites have had same tenants for years. Value add play is increase to market rents, fill vacancies and ability to add additional Town House office space at rear of the property. Excellent access from intersection with additional access from contiguous alley connecting property to Ay-View Dr. Great opportunity to grow your investment along major traffic generator.

Location Description:

Front Royal, VA, is an hour's drive west of Washington D.C. and is included in the Washington D.C. Metropolitan Statistical Area, and constitutes the 4th largest U.S. Market. Conveniently located in the heart of the Shenandoah Valley, Front Royal boasts quaint streets, bustling shops and panoramic views of rivers and mountains. Adjacent to I-66 and minutes from I-81, Front Royal offers artistic, cultural and historic significance as well as a thriving tourism market and robust local economy being the northern most beginning point of Skyline Drive. Warren County has Enterprise Zone status and a dedicated Technology Park. A series of new public schools are under construction to serve the growing region as well as to complement the nationally renowned private educational system.

Highlights:

>> Central location in town located at lighted intersection

>> Established leasing history at this location

>> C-1 commercial zoning

>> Investor interest or end user should want to take a closer look

>> 5. Ability to create value add with possible expansion on the property

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Financials


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