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Listed by Gillian Greenfield • Coldwell Banker Premier
$ 1,395,000
Est. payment | /mo
1,873 Sqft Lot
$ 1,395,000
Est. payment | /mo
1,873 Sqft Lot
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
NEARBY SCHOOL & BUSINESS