$258,000
( $145.03Per Sq Foot )
$1,385 est/mo Sourced by Back At You109 S Kent St , Winchester, VA 22601
Winchester, VA 22601
Description
PRICE REDUCED Two story fully leased commercial property located in Downtown Winchester; two blocks away from the walking Mall and the Government center. The property is currently leased to a retail tenant. This property is now Residential over Commercial to one tenant. Office or Retail allowing for many lease opportunities in the future. The floorplans are well laid out for multiple tenants as well. The current tenant has entered into a three year lease with a three year option in June of 2023 and agreed to 3% rent increases per year. The building is 1,779 Sq Ft on two floors. Former price of $275,500 reduced to $258,000.00 and a solid 8% CAP rate!!
Details
| MLS# | VAWI2004400 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 486 |
| Listing Provided By | Commercial Specialists | JOHN W COONTZ |
Features
| SQ Feet | 1,779 |
|---|---|
| Zoning | B1 |
| Acreage | 0.08 |
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Learn More About This Property
| State | VA |
|---|---|
| County | Winchester City |
| City | Winchester |
| Zip Code | 22601 |
| School District | Winchester City Public Schools |
| Listing VS Median (in 22601) | |
Price: $258,000 low | high Med: $0 On Site: 486 low | high Med: | |
Listing Updated: January 13, 2025 at 8:23:05 PM PST
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