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Listed by Gillian Greenfield • Coldwell Banker Premier
$1,395,000
Est. payment /mo
1,873 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID VAWI2011270
Year Built 1900
Annual Tax Amount $6,402
Tax Year 2025
Lot Size 1,873 Sqft
Acres 0.04
Property Sub-Type Office
Source BRIGHT
Property Description
Legacy Investment Opportunity: Prime, Turn-Key Asset in Downtown Historic District! 7500 SF over four floors, located on the celebrated Walking Mall, Winchester, VA, the fastest-growing metro area in Virginia! This historic building has been fully modernized and is 100% occupied with a strong leasing history. List Price: $1,395,000. CAP Rate: 7.5%. Annual Net Rent: $106K. The property features a strategic mix of four stabilized leases, including prime ground-floor retail and Class A office suites across the second, third, and fourth floors. This is a very rare income opportunity!
Location
State VA
County Winchester City
Zoning B1
Interior
Hot Water Natural Gas
Cooling Central A/C
Heat Source Natural Gas, Electric
Exterior
Garage Spaces 500.0
Water Access N
Accessibility 2+ Access Exits, 32\"+ wide Doors, 36\"+ wide Halls
Total Parking Spaces 500
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Winchester City Public Schools
Others
Tax ID 173-01-F-13
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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