109 S KENT ST, Winchester, VA 22601 - MLS#VAWI2004400

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Doug Strickland

doug@residentialguru.com +1(610) 724-3801

$258,000

Est. payment - /mo

1,779 SqFt

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UPDATED:

09/30/2024 05:50 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,779 sqft

Price per Sqft $145

MLS Listing ID VAWI2004400

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $1,550

Tax Year 2022

Lot Size 3,690 Sqft

Acres 0.08

Property 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!!

Location

State VA

County Winchester City

Zoning B1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Flooring Hardwood, Vinyl

Heat Source Natural Gas

Exterior

Garage Spaces 3.0

Waterfront N

Water Access N

Roof Type Metal

Accessibility None

Parking Type On Street, Parking Lot

Total Parking Spaces 3

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Winchester City Public Schools

Others

Tax ID 193-01-P- 25-

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Listed by JOHN W COONTZ • Commercial Specialists

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Doug Strickland

+1(610) 724-3801

Agent | License ID: RS275319

Agent License ID: RS275319

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