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    505 Amherst St Winchester, VA 22601

    For Lease
    $20 SF/Yr

    CommercialLease - WINCHESTER, VA

    Type:Retail
    Lot size:
    1.60 Acres
    Days on Market:
    188
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 505 Amherst St

    General Information

    Property type
    Other
    Property subtype
    Retail
    Property condition
    Under Construction
    Standard status
    Active
    Parking
    80
    Parking features
    Parking Lot
    Lot size
    1.60 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Building materials
    Brick, Block

    MarketPlace Realty LLC (540) 450-2747 [email protected]

    Listing agent Cara L Wilkins (540) 450-2747 License #0225065889

    Listing date Jun 2, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Amherst Street Retail Opportunity

    Amherst Commons presents a retail leasing opportunity situated off Amherst Street, near Old Town Winchester. The property is located one block from the Museum of the Shenandoah Valley and on the same street as the Winchester Medical Center. Renovations are underway, including a new front elevation, roof, HVAC system, and electrical system. Boxwell Pharmacy has secured 5,000 square feet and is scheduled to open in early Fall of 2025. The Adult Care Center of Northern Shenandoah Valley has secured almost 3,000 square feet on the right side of the building. Up to 8,513 square feet of divisible space remains available. HVAC, electric, and a clean shell will be provided to all tenants. The space can be built to suit tenant specifications. Design work is being coordinated with CIC Interiors, and Carroll Construction is available for build-out connections. The property is located in Winchester, VA, on a 1.6-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Individual retail properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Frederick
    State
    Virginia
    Longitude
    -78.17419
    Latitude
    39.18659

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    FAQs

    What type of property is this?
    Retail property - Retail space available near Old Town Winchester and Winchester Medical Center.
    Where is this retail property located?
    The property is located at 505 Amherst St Winchester, VA.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Extensive Renovations Underway: New roof, HVAC, electric, and front elevation.; - Prime Location: Situated off Amherst Street in Old Town Winchester, near the Museum of the Shenandoah Valley and Winchester Medical Center.; - Tenant Secured: Boxwell Pharmacy has leased 5,000 sq. ft. (opening Fall 2025).
    (540) 450-2747
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 Amherst St Winchester, VA 22601
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