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Strasburg,VA 22657
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID VASH2012870
Year Built 1998
Annual Tax Amount $23,444
Tax Year 2022
Lot Size 4.277 Acres
Acres 4.28
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Fantastic Investment Opportunity!
This property features a 10-unit apartment building with an excellent occupancy rate — 9 units currently leased. The building includes six 2-bedroom units and four 1-bedroom units, offering a steady income stream. Attached to the building is an observation tower currently leased as a cell tower, providing additional revenue.
The Recreation Center on site is in need of renovation but offers tremendous potential for a variety of uses. The lower level includes a full-size basketball/volleyball court, an Olympic-size indoor 6-lane swimming pool, and men's and women's locker rooms with showers. The main level offers a large studio space ideal for yoga, Pilates, or Tai Chi, along with a dedicated aerobics and weight room. Additional rooms could be used for offices, classrooms, child care, or activity spaces, providing flexibility for future development.
At the rear of the facility is a 7,800 sq ft area that formerly operated as a 10-lane bowling alley, currently covered and used as a play area and inflatable bounce zone — the original bowling equipment remains on site.
While updates are needed, the location and potential are outstanding. Strasburg continues to experience strong growth, and the property's convenient access to I-81 and I-66 adds to its appeal. Owner financing may be considered.
Location
State VA
County Shenandoah
Zoning C2
Interior
Hot Water Natural Gas
Heating Forced Air,Heat Pump(s)
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 50.0
Water Access N
View Mountain
Street Surface Black Top,Gravel
Accessibility None
Total Parking Spaces 50
Garage N
Building
Lot Description Cleared
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Sandy Hook
Middle Schools Signal Knob
High Schools Strasburg
School District Shenandoah County Public Schools
Others
Tax ID 025 A 181A
Ownership Fee Simple
Special Listing Condition Standard