John Hotaling
703-867-4900
Contingent
$1,800,000

716 - 728- E Queen Street
Strasburg, VA 22657

General Commercial
Residence
1.21
Acre Lot
1of
Photos
Map
Courtesy: Sager Associates, Inc.
brightmlshomes.com> Virginia> Strasburg> 22657
Great Opportunity to own a mixed use (Office / Retail / Residential) income producing property. A two story commercial / residential building fronting on East Queen Street in Strasburg, Virginia commonly known as Queen Street Square. Built in 2007 on a 1.21 acre lot with over 22,000 sf and approximately 70 parking spaces. Building features include a sprinkler system, natural gas, direct 911 service access points, alarm system and elevator installed to provide for second floor handicap accessibility. Current layout includes 5 commercial units, 6 offices, 6 ~ 3 bedroom / 2 bath apartments and 2 efficiency apartments. Average length of current leases is 3.5 years for residential and 7 years for commercial. Major commercial tenant / anchor are the United States Department of Agriculture (USDA) occupying 40% of commercial space. USDA has occupied this space since July, 2008. Property is being offered at over a 7% Cap Rate and is being shown by appointment only.
VASH119186
General Commercial
SHENANDOAH
2007
1.21 Acres
Electric Water Heater, Gas Water Heater, Public Wa
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Sager Associates, Inc.
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