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Multifamily and Recreational Opportunity

35 & 18 SIGNAL KNOB DR Strasburg, VA 22657

35 & 18 SIGNAL KNOB DR, Strasburg, VA, 22657
$2,100,000
For Sale
$2,100,000

Apartment building and recreational center with high potential.

Property Size7,800 SF
Price / SF$269.23
Days on Market114

Property Features for 35 & 18 SIGNAL KNOB DR

General Information

Standard status
Active
Size
7,800 SF
Property subtype
Commercial

Building Details

Year Built
1998
Listing agency
Listed by Mike Beasley
Source Elliman
Added: Mar 30 Updated: Jul 10 at 3:54PM Checked: Jul 21 at 5:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mike Beasley


Investment Insights

Based on property information with market context.

This property presents an investment opportunity, featuring a 10-unit apartment building with full occupancy, comprising six two-bedroom and four one-bedroom apartments. The recreational center requires renovation but offers potential. The lower level includes a full-size basketball/volleyball court and an Olympic-size indoor six-lane pool, suitable for competitions and recreational swimming, along with men's and women's restrooms and shower facilities. The main level features a spacious room suitable for yoga, Pilates, and Tai Chi, plus a separate aerobic/weight room. There are rooms suitable for child daycare, including an infant care room. The rear of the facility contains a 7,800 sq ft space with a 10-lane bowling alley, currently covered for use as a play area with an inflatable bounce house; the bowling lane components are on site. The facility needs updates, but offers potential. Located in Strasburg, which is experiencing growth, the property benefits from proximity to I-81 and I-66. The bike score is 9, indicating it is somewhat bikeable, and the walk score is 26, indicating car-dependent.

Key Highlights

  • 10‑unit apartment building with high occupancy rate (6 two‑bedroom, 4 one‑bedroom).
  • Enjoy the Olympic‑size indoor 6‑lane pool and full‑size basketball/volleyball court.
  • 7,800 sq ft space with a 10‑lane bowling alley (components on site).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bowling alleys

Suggested Use

Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Law Firm Hair Salon Auto Repair Shop Auto Parts Store HVAC Service Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Apartment building and recreational center with high potential.
Where is this apartment building located?
The property is located at 35 & 18 SIGNAL KNOB DR Strasburg, VA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 10‑unit apartment building with high occupancy rate (6 two‑bedroom, 4 one‑bedroom).; Enjoy the Olympic‑size indoor 6‑lane pool and full‑size basketball/volleyball court.; 7,800 sq ft space with a 10‑lane bowling alley (components on site).
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