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348 Commerce Ave

11,000 SF 100% Leased Retail Building Front Royal, VA 22630 $1,695,000 ($154/SF)

Retail Buildings Virginia Front Royal 348 Commerce Ave, Front Royal, VA 22630

Executive Summary

11,000 SF of Building on 1.33 Acres
Large Parking Lot
Security System with Cameras
Well-Maintained Property
High Visibility/Traffic Location
Potential for Owner Financing up to $500,000
Appointment with Lister
Currently operating as a daycare center. They are relocating.

Attachments

A-680-348 Commerce Ave

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,000 SF
Building Class
B
Year Built
1947
Price
$1,695,000
Price Per SF
$154
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.33 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C1
Parking
25 Spaces (2.27 Spaces per 1,000 SF Leased)
Frontage
109 FT on Commerce Ave
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Nearby Major Retailers

CrossFit
Starbucks
Gold's Gym
Truist
Atlantic Union Bank
Martin's Food Market Pharmacy
United Bank
First Bank
City National Bank

PROPERTY TAXES

Parcel Number 20A101-8 Improvements Assessment $699,800
Land Assessment $466,700 Total Assessment $1,166,500

PROPERTY TAXES

Parcel Number
20A101-8
Land Assessment
$466,700
Improvements Assessment
$699,800
Total Assessment
$1,166,500
(540) 667-2424 x215

Contacts

  • Listing ID: 33397596

  • Date on Market: 10/3/2024

  • Last Updated:

  • Address: 348 Commerce Ave, Front Royal, VA 22630

More public record information on 348 Commerce Ave, Front Royal, VA 22630

The Retail Property at 348 Commerce Ave, Front Royal, VA 22630 is currently available for sale. Contact Adams-Nelson & Associates, Inc. for more information.

Nearby Listings

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348 Commerce Ave, Front Royal, VA for sale Building Photo- Image 1 of 7
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348 Commerce Ave, Front Royal, VA for sale Building Photo- Image 5 of 7
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348 Commerce Ave, Front Royal, VA for sale Floor Plan- Image 6 of 7
Floor Plan

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348 Commerce Ave
(540) 667-2424 x 215

348 Commerce Ave

1/2

Suzanne Conrad

(540) 667-2424

x215

(540) 667-2424 x215

Mike Silek

(540) 247-6317

(540) 247-6317

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