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Mixed-Use Building with Apartment
New
For Sale
$336,000

318 E KING STREET, Strasburg, VA 22657

Three-level configuration combines commercial frontage with an upstairs residential unit in a downtown setting.

Property Size3,401 SF
Price / SF$98.79
Days on Market7

Property Features for 318 E KING STREET

General Information

Standard status Active
Size 3,401 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 1

Building Details

Year Built 1945
Buildings 1
Listing Agency: Preslee Real Estate
Listed By: Abby L Walters · License #WVB210300687
Source: Cummingsrealtors
Added: Aug 5 Changed: Aug 11 Last Checked: Aug 11 at 6:18AM

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 Preslee Real Estate

Investment Insights

Based on property information with market context.

Built in 1945, this 3,401-square-foot mixed-use property contains two commercial spaces at street level and an apartment above. The arrangement supports separate commercial occupancy, an owner-occupied configuration, or multiple tenants, subject to zoning and applicable approvals.

The property is positioned at the intersection of Route 11 and Route 55 in downtown Strasburg, with road frontage and access to Interstate 81. Its location among downtown businesses places the building within the established commercial area and provides connectivity to other Shenandoah Valley communities.

Key Highlights

  • 3,401‑square‑foot mixed‑use property built in 1945
  • Two commercial spaces occupy the main level
  • Upper‑level apartment adds residential income or owner‑occupant flexibility

Property Analytics

Current Use

Drop Pod (Bike/Boat/Book/etc) Store Melted Dreams Food ... Restaurant

Suggested Use

Top Pick Dental Office Nail Salon Auto Parts Store Spa & Massage Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

390
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 48% Dining 43% Home Improvements & Furnishings 9%
7-Eleven Shops & Services
6,443 visits/mo 0.1 miles
Dunkin' Donuts Dining
5,332 visits/mo 0.4 miles
Fox's Pizza Den Dining
3,783 visits/mo 0.1 miles
SUBWAY Dining
3,513 visits/mo 0.1 miles
Dollar General Shops & Services
3,282 visits/mo 0.1 miles

Demographics for 22657, VA

11,974
Population
5,274
Households
2.3
Avg Household Size
41
Median Age
21%
College-Educated
90%
High-School Grad
57.7 sq mi
ZIP Area
208
Density / Sq Mi
$66,152
Median Household Income
$42,219
Median Earnings
$998
Median Rent
$268,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-level configuration combines commercial frontage with an upstairs residential unit in a downtown setting.
Where is this mixed-use property located?
The property is located at 318 E KING STREET Strasburg, VA.
What is the asking price?
The asking price for this property is $336,000.
What are key features of this property?
This property features: 3,401‑square‑foot mixed‑use property built in 1945; Two commercial spaces occupy the main level; Upper‑level apartment adds residential income or owner‑occupant flexibility
More about this property
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