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!!
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Listing Snapshot
Price
$258,000
Days On Site
481 Days
Bedrooms
N/A
Inside Area (SqFt)
1,779 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.08 Acres
Year Built
1900
MLS® Number
VAWI2004400
Status
Active
Property Tax
$1,550
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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