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238 E King St

Strasburg VA 22657

2
2
1812 sq. ft.
2744 sq. ft.
Single-Family
Currently for sale - view listing

Overview

This mixed-use residential/commercial property in the heart of Strasburg, VA, offers a PRIME opportunity for businesses and investors alike. Located on Main Street with high visibility, it features a newly renovated commercial space ideal for various ventures including restaurants/bar, offices, or retail. The commercial area (or could be residential with 1 bedroom and 1 full bath with shower) boasts an upgraded kitchen with a new refrigerator, a Blue Star Culinary Sealed Burner Series 36 Inch Freestanding Gas Range with 6 Open Burners ($6100 retail), vinyl plank throughout, a Bamboo fenced rear yard and is about ready to renew a 90-day lease. Upstairs, a charming 1-bedroom apartment with plenty of natural light, and modern amenities like champagne bronze fixtures, commercial vinyl flooring in kitchen, refinished hardwood flooring, new refrigerator, stove vent & stove, farmhouse sink with soapstone countertop, new HVAC in 2021, new tankless water heater in 2022 and is currently leased, providing additional income until August 2024. Situated next to the new Town Park, amphitheater, and public event building, as well as major highways, this property is strategically positioned to attract both local traffic and visitors from Shenandoah Valley wineries and the Strasburg riverwalk. Music and cultural events are held occasionally in the park right next door! Perfect for businesses looking to capitalize on the vibrant downtown atmosphere and cultural events. Live upstairs from your own business, or you can rent the apartment out for extra income! The options are unlimited! There are 2 separate unit addresses for separate billing and mailing! Don't miss out on this great investment!

Features

2 bedrooms
2 bathrooms
1812 sq. ft. floor area
2744 sq. ft. lot size
Single-Family

Property history for 238 E King St

2017
Sold
$175,000
05 Mar 2017 by Amanda Downs

Happy sellers in Strasburg

90%
90% of sellers in Strasburg reported that their sale price either exceeded or met their price expectations.

Strasburg stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Strasburg over the last 12 months.

Local market activity for 2 bedroom single-family properties in Strasburg

In the last 12 months, 16 two-bedroom single-family properties similar to 238 E King St, have been sold.

This represents a 40% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

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