bedrooms |
full baths
0.08 ACRES
Year Built: 1900
ACTIVE
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!!
Property Details
MLS #
VAWI2004400
Property Type
Commercial Sale
Listing Status
ACTIVE
Listing Price
$258,000
Year Built
1900
Lot Acreage
NA
Subdivision
City
WINCHESTER
County
WINCHESTER CITY
Water Source
Public
Sewer
Public Sewer
Zoning
B1
Exterior Details
Home Type
Parking
On Street
Parking Lot
Interior Details
Interior Space
sq ft
Heating
Natural Gas - Forced Air
Cooling
Electric - Window Unit(s)
Hot Water
Natural Gas
Flooring
Hardwood
Vinyl
Accessibility Features
None
Financial Details
County Tax
$1,550.00
Special Tax Assessment
$0
Tax Year
2022
Total Assessment
$166,700
Total Taxes
$1,550
Listing Courtesy of
Listing Office
Commercial Specialists
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Listings provided by Bright MLS from various brokers who participate in IDX (Internet Data Exchange). Information deemed reliable but not guaranteed.