Link Copied
Listed price in listed location currency (USD).
$249,900

020

MLS® VAWI2007426

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $1,550
Days Active 270
Approx. Age 1900
MLS® Number VAWI2007426

Property Address: 109 S Kent St, Winchester, VA, 22601-5051

Average square foot calculated using Size range provided by listing agent.

Description

Price has been reduced to $249, 900! Current NOI is $21, 178 or 8.5% CAP. Location is two blocks off the Winchester Downtown Walking Mall and one block from the Government and Judicial Center. Currently the two-story mixed-use building is being leased to one tenant for commercial use. The B1 zoning allows residential over commercial as a by right use. Current Tenant has a lease through June 2026. We feel the highest and best use for this property is Residential on both floors, which requires a Conditional Use Permit. Full bathrooms on each floor make this a candidate for a quick "fix and flip" project. Purchase the property while it is being leased and plan your renovations and apply for Conditional Use Permit. This location is much better suited for multifamily residential. Let an SVN Advisor help guide you through the process and maximize the potential of this "bite sized" investment!
MLS® NumberVAWI2007426
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 2, 2025List Date
$249,900List Price
  • Commute

Commute

Starting Address
Destination Address
109 S Kent St, Winchester, VA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties