Two-Unit Office
For Sale
$200,000
516 FIRST ST, Shenandoah, VA 22849
Building, SHENANDOAH, VA
Property Size2,142 SF
Lot Size0.10 Acres
Price / SF$93.37
Days on Market186
Property Features for 516 FIRST ST
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1 Commercial
Directions
33 East to 602. After tunnel, left on First St. Property on the right.
Subdivision
Page
Standard status
Active
APN
102A3-1-C-5B
Size
2,142 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Listing Agency:
Massanutten Realty
(540) 289-6335
Listed By:
Ethan Smith
(540) 289-6335
Added: Feb 17
Changed: Aug 19
Last Checked: Aug 22 at 7:06PM
MLS# 673274
Copyright © 2026 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained office building offers approximately 2,100 square feet of flexible space configured as two separate units. Each unit has its own electric meter, allowing for independent operations or leasing individual spaces while keeping the option to use the full building as one office complex. The layout includes water and sink hookups in multiple rooms, reflecting a design that supports medical or wellness-style use, with practical utility for professional services that benefit from plumbing fixtures.
Located in Shenandoah, VA in the C-1 Commercial zoning district, the property sits on about 0.1 acres. The building is positioned directly across from the depot in the historic district, providing street-level visibility to passersby. Private parking is available for clients and staff.
The combination of split, metered units and in-place plumbing makes this property a straightforward fit for businesses looking for dedicated space, including medical, dental, or other wellness-oriented practices. It can also work for professional office users who prefer subdivided tenancy, or for an owner-operator seeking one unit for their business while leasing the other. The listing also notes a leasing option if you’re evaluating space needs beyond an outright purchase.
Located in Shenandoah, VA in the C-1 Commercial zoning district, the property sits on about 0.1 acres. The building is positioned directly across from the depot in the historic district, providing street-level visibility to passersby. Private parking is available for clients and staff.
The combination of split, metered units and in-place plumbing makes this property a straightforward fit for businesses looking for dedicated space, including medical, dental, or other wellness-oriented practices. It can also work for professional office users who prefer subdivided tenancy, or for an owner-operator seeking one unit for their business while leasing the other. The listing also notes a leasing option if you’re evaluating space needs beyond an outright purchase.
Key Highlights
- Well‑maintained office building with 2,100+ SF of versatile space
- Two separate units, each with its own electric meter—can be leased individually or together
- Water and sink hookups in multiple rooms, with layout suited for medical, dental, or wellness uses
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Two separate, metered office units with in-place sink and water hookups, supported by private parking for client convenience.
Where is this office units located?
The property is located at 516 FIRST ST Shenandoah, VA.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Well‑maintained office building with 2,100+ SF of versatile space; Two separate units, each with its own electric meter—can be leased individually or together; Water and sink hookups in multiple rooms, with layout suited for medical, dental, or wellness uses
