504 Main StLuray, VA 22835

Property Details for 504 Main St

Lot size

0.28 AC

Property size (Sq ft)

720 SF

Zone code

B1R5

Property type

Other commercial real estate

APN

42A10 A 36A

APU

42A10A36A

Description

This versatile 720-square-foot property, located at 504 W Main Street in Luray, Virginia, presents a unique dual-purpose opportunity. Situated on a 0.28-acre lot in the heart of Luray, this building offers the best of both worlds. Previously a long-standing barber shop, it was thoughtfully renovated in 2021 into a cozy one-bedroom, one-bathroom studio home, ideal for a single person or couple. The transformation included the addition of a shower, a new water heater, and fresh flooring. The property's convenient location provides easy access to downtown Luray and local grocery stores. Its current zoning allows for continued residential use or a seamless transition back to commercial use, making it an attractive investment for various purposes. Furthermore, the exterior received a significant upgrade with brand new siding installed in October 2024, enhancing both curb appeal and property value. Priced at $195,000, this property offers a compelling blend of residential comfort and commercial flexibility in a desirable location. The property's history as a well-established business, combined with its recent residential conversion, makes it a truly unique and adaptable space.

• Alternative Use

  Use

  Valuation

  Residential

  $196,150

  Hospitality

  $179,672

  Educational

  $149,485

  Medical

  $154,626

  Retail

  $232,532

Location Insight

City

Luray

County

Page

State

Virginia

Latitude

38.6659

Longitude

-78.469

Property Tax & Assessments

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