Fantastic Investment Opportunity! This property features a 10-unit apartment building with an excellent occupancy rate — 9 units currently leased. The building includes six 2-bedroom units and four 1-bedroom units, offering a steady income stream. Attached to the building is an observation tower currently leased as a cell tower, providing additional revenue. The Recreation Center on site is in need of renovation but offers tremendous potential for a variety of uses. The lower level includes a full-size basketball/volleyball court, an Olympic-size indoor 6-lane swimming pool, and men’s and women’s locker rooms with showers. The main level offers a large studio space ideal for yoga, Pilates, or Tai Chi, along with a dedicated aerobics and weight room. Additional rooms could be used for offices, classrooms, child care, or activity spaces, providing flexibility for future development. At the rear of the facility is a 7,800 sq ft area that formerly operated as a 10-lane bowling alley, currently covered and used as a play area and inflatable bounce zone — the original bowling equipment remains on site. While updates are needed, the location and potential are outstanding. Strasburg continues to experience strong growth, and the property’s convenient access to I-81 and I-66 adds to its appeal. Owner financing may be considered.
SHENANDOAH COUNTY PUBLIC SCHOOLS
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Listing information last updated on November 6th, 2025 at 9:30am CST.