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109 S Kent Street,  Winchester VA, 22601

(Active)
$258,000
|
1,779 sqft
|
MLS# VAWI2004400
Last Updated: 4/28/2024 6:44 PM
Description for 109 S Kent Street Winchester, VA 22601
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
$258,000
WINCHESTER CITY
1,779 (approx)
VAWI2004400
Active
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!!
Listing Information
Property Type: Retail, Business Opportunities, Other
0.08 Acres 1,779 (approx) 1900
Frame
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Hardwood, Vinyl
Window Unit(s)
Gas Heat, Forced Air
Exterior / Lot Features
3 Parking Spaces, On Street
Frame
Metal
Driving 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. Property is beside Billings Alley. Across from Bo's Belly Barn Convenience store. From Millwood AVE and interstate 81: Travel Millwood to Jubal Early and bare right at the intersection of Millwood and Jubal Early. Stay on Millwood and go through the light at the intersection of Millwood and South Pleasant Valley. Cross the rail road at Millwood Crossing and at the next light turn right onto Kent St. Proceed on Kent to the light at Kent and Cork. Billings Alley is on the left and 109 South Kent is at the corner of Billings and Kent
Financial Considerations
193-01-P- 25-
$1,550
Listing Price History

Winchester Real Estate

Winchester is located in Virginia. Winchester, Virginia 22601 has a population of 28,575.

The median household income in Winchester, Virginia 22601 is $61,466. The median household income for the surrounding county is $61,653 compared to the national median of $66,222. The median age of people living in Winchester 22601 is 38 years.

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Courtesy: Commercial Specialists
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 4/28/2024 6:44 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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