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Welcome to the Depot at Shenandoah! A strong investment opportunity in the heart of Shenandoah. This multi-use building has been fully renovated and is currently operating as 3 separate short term rentals. The property generated over $60k in gross income in 2024 and over $65k in 2025. Mixed use zoning allows for residential and commercial use. Property is being sold FULLY FURNISHED (with the exception of a few personal items). Superhost status with 4.98 stars and over 150 reviews on Airbnb & VRBO. Primed for Shenandoah National Park enthusiast, the property is centered directly between the Swift Run Gap and Thornton Gap Park entrances. Located across from a historic railyard and the Shenandoah Museum and Welcome Center. Less than 1 mile from public access to the Shenandoah River. Many other attractions nearby: Massanutten Four Seasons Resort, Luray Caverns, George Washington National Forest, Lake Arrowhead and more! Enjoy tubing, canoeing, kayaking or fishing by visiting Shenandoah River Adventures (less than 1 mile away).

Property Details of 442 First Street

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Listed by Brad Reese of Melinda Beam Shenandoah Valley Real Estate

 "Based on information submitted to CAAR - GAAR - HRAR as of May 14, 2026 1:40 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

 
 

 

 

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