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Winchester 22601
109 S KENT ST
$258,000
Commercial - For Sale

109 S KENT ST

WINCHESTER, VA 22601
bedrooms
Studio
bathrooms
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
JOHN COONTZ
Commercial Specialists
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

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
2,048 ft²
$174/ft²
$356,160 Mar 8, 2023
$356,160 May 17, 2023
-
House
3 Beds
2 Baths
1,240 ft²
$211/ft²
$262,000 Mar 9, 2023
$262,000 Apr 19, 2023
-
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
-
House
3 Beds
1 Bath
912 ft²
$237/ft²
$216,500 Jun 6, 2023
$216,500 Jul 2, 2023
-
Land
Loft
-
-
$299,000 Aug 20, 2023
-
-
Condo
1 Bed
1 Bath
739 ft²
$338/ft²
$250,000 Mar 20, 2024
-
-
House
2 Beds
2 Baths
968 ft²
$248/ft²
$239,900 Jan 19, 2024
-
-
House
3 Beds
3 Baths
2,281 ft²
$132/ft²
$299,990 Mar 29, 2024
-
-

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
More about this Building
109 South Kent Street
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About Winchester


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