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Map
$258,000
●
Commercial -
For Sale
109 S KENT ST
WINCHESTER, VA 22601
Studio
0 Bath
$1,267
Estimated Monthly
$0
HOA / Fees
About This Property
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!!
Unit Size
-
Days on Market
229 days
Land Size
0.08 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$129
HOA Dues
-
Year Built
1900
Listed By
Last updated: 2 months ago (Bright MLS #VAWI2004400)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 26, 2024 | Relisted | $258,000 | |
Relisted | |||
Mar 7, 2024 | In contract | - | |
In contract | |||
Feb 22, 2024 | Price Decreased |
$258,000
↓ $18K
(6.4%)
|
|
Price Decreased | |||
Sep 19, 2023 | Listed by Commercial Specialists | $275,500 | |
Listed by Commercial Specialists |
Property Highlights
Air Conditioning
Parking Details
Parking Features: On Street, Parking Lot
Total Garage and Parking Spaces: 3
Interior Details
Interior Information
Flooring Type: Hardwood, Vinyl
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Assessor
Building Information
Roof: Metal
Construction Materials: Frame
Lot Information
Tidal Water: N
Lot Size Source: Assessor
Land Information
Land Assessed Value: $166,700
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $1,550
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $166,700
Tax Year: 2022
Tax Annual Amount: $1,550
Year Assessed: 2022
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
2
Beds
2
Baths
2,048 ft²
$174/ft²
$356,160
Mar 8, 2023
$356,160
May 17, 2023
-
Sold
House
3
Beds
2
Baths
1,240 ft²
$211/ft²
$262,000
Mar 9, 2023
$262,000
Apr 19, 2023
-
Sold
Condo
1
Bed
2
Baths
961 ft²
$302/ft²
$289,900
Jan 5, 2024
$289,900
Feb 7, 2024
-
Condo
1
Bed
1
Bath
738 ft²
$324/ft²
$239,000
Sep 2, 2023
$239,000
Nov 3, 2023
-
Sold
House
3
Beds
1
Bath
912 ft²
$237/ft²
$216,500
Jun 6, 2023
$216,500
Jul 2, 2023
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
109 South Kent Street
109 South Kent Street, Winchester, VA 22601
- 1 Unit for Sale