Address
109 S Kent Street, Winchester, VA
Price
$ 258,000
Property Attributes
- MLS#VAWI2004400
- TypeCommercial
- CountyWINCHESTER CITY
- CityWinchester
- Zip22601
- StyleGeneral Retail
- Year Built1900
- Taxes$ 1550
- Price$ 258,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1779
- Lot Size3,485 SqFt
Data Source:
Bright MLS
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!!
| Price History | |
|---|---|
| 9/19/2023 | Listed $275,500 |
| 2/23/2024 | 7% - $258,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Window Unit(s) |
| Possession | Immediate |
| Roof | Metal |
| Zoning | B1 |
| Construction Materials | Frame |
| Year Built | 1900 |
| Property SubType | Retail |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Other/General Retail |
| Accessibility | None |
| County | WINCHESTER CITY |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | From Berryville Avenue: Go West on Berryville to Pleasant Valley Road. Turn Left onto Pleasant Valley. At the light of Cork Street and turn right. Travel Cork to Kent Street,and turn right. Propert |
| ModificationTimestamp | 2024-03-27T17:31:36 |
| City | WINCHESTER |
| Buyer Agent Compensation | 3 |
| Lot Size Square Feet | 3690.00 |
| Tax Assessed Value | 166700.0 |
| Waterfront Y/N | No |
| Street Name | KENT |
| Tax Annual Amount | 1550.0 |
| Price Per Sq Ft | 145.03 |
| Vacation Rental Y/N | No |
| Days on Market | 207 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 25 |
| Cap Rate | 8.00 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Flooring | Hardwood,Vinyl |
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Total Parking Spaces | 3 |
| Type of Parking | On Street,Parking Lot |
| Land Use Code | 4 |
| Water View Y/N | No |
| Building Area Total | 1779.00 |
| Lot Size Acres | 0.08 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Land Assessed Value | 55400.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 3 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 22601
Price
Taxes
Visits
Year Built
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