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315 W 10th St

7,717 SF 63% Leased Office Building Front Royal, VA 22630 $1,499,000 ($194/SF)

Investment Highlights

  • FULLY LEASED MEDICAL OFFICES
  • Outstanding parking
  • All brick medical building

Executive Summary

FULLY LEASED MULTITENANT MEDICAL BUILDING! All brick building in excellent condition, conveying with three medical tenants! Located in Front Royal, VA - Ideal for investor and/or ideal for 1031! A total of over 9100 SF on 1.1+ acres, all one level, occupied with established medical tenants. Excellent parking, all one level, all ADA, all new windows and additional 1500 SF of dry storage. True pride of ownership with the current owner! Located conveniently off Shenandoah Ave and a block from former Warren Memorial Hospital (now Hill Valley Healthcare Campus). GOI is $8100/month. Asking $1,499,000, Reasonable Offers ENCOURAGED!

Data Room Click Here to Access

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,717 SF
Building Class
B
Year Built
1978
Price
$1,499,000
Price Per SF
$194
Percent Leased
63%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,717 SF
Building FAR
0.24
Land Acres
0.74 AC
Zoning
COMM - Commercial
Parking
50 Spaces (6.48 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Reception
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 20A5-242-24
  • 20A5-242-23
  • 20A5-242-25
Land Assessment
$224,000 (2024)
Improvements Assessment
$993,100 (2024)
Total Assessment
$1,217,100 (2024)
  • Listing ID: 30005753

  • Date on Market: 11/8/2023

  • Last Updated:

  • Address: 315 W 10th St, Front Royal, VA 22630

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