ACTIVE
109 S Kent St
Winchester VA, 22601
$258,000
$145.03 per sqft
ACTIVE
1,779 sqft
Commercial
Built in 1900
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!!
VAWI2004400
MLSⓇ ID
May 9, 2024
Updated
Map
109 S Kent St
Winchester VA, 22601
Interior Features
Interior Features
Hardwood, Vinyl
Floor Description
Hardwood, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.08 Acres
Roof
Metal
Sewer
Public Sewer
Other Property Details
Taxes
$1,550
Tax Frequency
Annually
Days on Market
173
Garage
No
Parking
On Street
Parking Total
3
View
No
County
WINCHESTER CITY
Water Source
Public
Pool
No
Buyer Agency Compensation
3%
Listing History
Date | Event | Price |
|---|---|---|
3/27/2024 | Active | — |
3/7/2024 | Under Contract | — |
Listed by JOHN W COONTZ, with Commercial Specialists
Listing Contact: 5405500206
The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/9/2024 at 6:54 AM UTC
