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Renovated Mixed-Use Property
New
For Sale
$439,000

500-504 FIRST ST, Shenandoah, VA 22849

Fully occupied commercial holding combining residential and retail space with an additional commercial parcel.

Property SizeContact for details
Days on Market3

Property Features for 500-504 FIRST ST

General Information

Standard status Active
Listing Agency: COTTONWOOD COMMERCIAL LLC
Listed By: ISAAC GRANT
Source: Raycaddellrealestate
Added: Sep 15 Changed: Sep 16 Last Checked: Sep 16 at 4:58PM

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 COTTONWOOD COMMERCIAL LLC

Investment Insights

Based on property information with market context.

This recently renovated Shenandoah property combines multiple commercial components within a single offering. The 500 First St building contains an occupied upstairs apartment and an occupied ground-floor retail unit. At 502 First St, a large commercial space is fully leased. The offering also includes a vacant lot and approximately 0.5 acres of commercial land.

The property is positioned across from the Norfolk Southern Train Yard and the Town of Shenandoah Museum & Visitors Center. The included parcels extend from established mixed-use and retail improvements to additional commercial land, creating a varied property profile within the Town of Shenandoah.

Key Highlights

  • 100% occupied across the included buildings
  • Recently renovated mixed‑use property
  • 500 First St includes an occupied apartment and retail unit

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Auto Parts Store Nail Salon Building Supply

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

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
10,525 visits/mo 0.2 miles
Exxon Shops & Services
7,804 visits/mo 0.2 miles
Dollar General Shops & Services
6,994 visits/mo 0.4 miles

Demographics for 22849, VA

4,891
Population
2,403
Households
2
Avg Household Size
43
Median Age
7%
College-Educated
83%
High-School Grad
46.1 sq mi
ZIP Area
106
Density / Sq Mi
$66,748
Median Household Income
$37,824
Median Earnings
$1,023
Median Rent
$178,400
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 - Fully occupied commercial holding combining residential and retail space with an additional commercial parcel.
Where is this mixed-use property located?
The property is located at 500-504 FIRST ST Shenandoah, VA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 100% occupied across the included buildings; Recently renovated mixed‑use property; 500 First St includes an occupied apartment and retail unit
More about this property
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