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Winchester,VA 22601
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID VAWI2007426
Year Built 1900
Annual Tax Amount $1,550
Tax Year 2022
Lot Size 3,690 Sqft
Acres 0.08
Property Sub-Type Retail
Source BRIGHT
Property Description
Price has been reduced to $249,900! 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!
Location
State VA
County Winchester City
Zoning B1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Flooring Wood
Heat Source Natural Gas
Exterior
Garage Spaces 3.0
Utilities Available Cable TV Available,Electric Available,Sewer Available,Water Available
Water Access N
Roof Type Metal
Accessibility None
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Virginia Avenue Charlotte Dehart
Middle Schools Daniel Morgan
High Schools John Handley
School District Winchester City Public Schools
Others
Tax ID 193-01-P- 25-
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard