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    Shenandoah, VA
    Medical Premises

    Shenandoah, VA Medical Office Space for Sale

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    Elkton, VA Stanley, VA Luray, VA
    Two-Unit Office Building
    Updated: Feb 17
    Two-Unit Office Building

    516 FIRST ST, Shenandoah, VA 22849

    $200,000
    2,142 sqft · 0.10 AC lot
    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
    Previously used as a doctor's office; existing infrastructure supports a satellite healthcare setup
    Private parking for clients and staff
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Shenandoah, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Medical Office Condominium
    Two-Story Medical Office Condominium

    1947 MEDICAL AVE, Harrisonburg, VA 22801

    $2,290,000
    10,950 sqft · 1.02 AC lot

    Well-maintained two-story medical office condo with 20 exam rooms, ample parking, and a current UVA Pediatrics lease.

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    Professional Office Building with Parking
    Professional Office Building with Parking

    Harrisonburg, VA 22801

    $1,200,000
    4,779 sqft · 1.74 AC lot

    Two-story office setup with multiple private offices, meeting space, and ample parking on a high-traffic route.

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    Restaurant or Medical Office Corner Building
    Restaurant or Medical Office Corner Building

    12167 LEE Highway, Sperryville, VA 22740

    $750,000
    2,435 sqft · 0.91 AC lot

    Corner building with two operational hoods, ample parking, and wheelchair accessibility, suited for restaurant, retail, or medical use.

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    Sperryville Commercial Building For Sale
    Sperryville Commercial Building For Sale

    12167 LEE Hwy, Sperryville, VA 22740

    $750,000
    2,435 sqft · 0.91 AC lot

    Commercial building suitable for restaurant, retail, or medical office.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Harrisonburg Commercial Land For Sale
    Harrisonburg Commercial Land For Sale

    1936 MEDICAL AVE, Harrisonburg, VA 22801

    $945,000
    1.30 AC lot

    Commercial land in Harrisonburg's commercial center, near JMU and I-81.

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    Corner Commercial Development Lot
    Corner Commercial Development Lot

    3545 NAOMIS WAY, Harrisonburg, VA 22801

    $557,000
    1.00 AC lot

    Corner commercial lot with frontage on two major roads near Sentara Rockingham Memorial and regional employment.

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    Flat Commercial Development Lot
    Flat Commercial Development Lot

    NAOMIS WAY lot: 7, Harrisonburg, VA 22801

    $549,900
    1.20 AC lot

    B-1 commercial corner lot in Rockingham County, flat and ready to build, across from Rockingham Memorial Hospital.

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    General Business Development Land
    General Business Development Land

    TINKLING SPRINGS RD, Fishersville, VA 22939

    $350,000
    1.27 AC lot

    Zoned GB and served by public water and sewer, this level parcel supports a variety of commercial and medical uses.

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    Shenandoah, VA Medical Office Space Market Trends and Statistics

    Explore 1 medical office space for sale in Shenandoah, VA on our real estate platform. These investment opportunities span a total of 2,142 square feet of properties for sale, with an estimated market value of $200,000.

    Sale prices for medical spaces in Shenandoah, VA start at $200,000, averaging $200,000, and reaching up to $200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Medical Office Space 1
    Office Units 1

    Demographics Overview

    Population 5,291
    Population Growth (5Y) +1.5%
    Median Household Income $66,748
    College Educated 8.1%

    High-Yield Neighborhoods for Investment

    Identify Shenandoah submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    22849 $200K

    Taxes & Financing

    Tax Rate (average for all types) 0.71%
    Property Tax per SF $6.92 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Page County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Page County

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