For Sale
$10

315 10Th StFront Royal, VA 22630

Multi-tenant medical building, excellent condition.

Overview

Added:
Dec 11, 2024
Days on market:
114
This fully leased, multi-tenant medical building presents a compelling investment opportunity in Front Royal, Virginia. The all-brick structure is in excellent condition and boasts over 9,000 square feet of space on a 1.1+ acre lot. All situated on one level for easy accessibility, the building features three established medical tenants, providing a stable income stream. The Gross Operating Income (GOI) is $8,100 per month. The property includes ample parking, is fully ADA compliant, and features all new windows. An additional 1,500 square feet of dry storage space adds to the functionality. The building's prime location off Shenandoah Avenue, just a block from the Hill Valley Healthcare Campus (formerly Warren Memorial Hospital), ensures high visibility and convenient access. This exceptional property is ideal for investors seeking a strong return, and its characteristics make it particularly suitable for a 1031 exchange. The asking price is $1,499,000, with reasonable offers encouraged. This is a rare opportunity to acquire a well-maintained, income-producing medical building in a thriving healthcare market.

Highlights

  • $10M asking price.
  • Special purpose, industrial land property in Front Royal, VA.
  • Fully leased multi-tenant medical building totaling over 9,000 SF on 1.1+ acres.
  • Excellent condition, all brick, single-level building with ample parking.
  • Three established medical tenants with a gross operating income (GOI) of $8,100/month.

Property Details for 315 10Th St

Property type
Specialty properties, Land

Location Insight

City
Front Royal
County
Warren
State
Virginia
Latitude
38.9311292
Longitude
-78.2003026
315 10Th St, Front Royal, Virginia

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315 10Th St
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