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    2740 Northwestern Pike Winchester, VA 22603

    For Sale
    $995,000

    Operating convenience store with apartment and development potential.

    Lot size:
    3.24 Acres

    Property Features for 2740 Northwestern Pike

    General Information

    Lot size
    3.24 Acres

    Building Details

    Year built
    1950

    Source: RE/MAX Roots Agent Eric C Kronenwetter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Convenience Store on 3.25 Acres

    This property features approximately 3.25 acres located on Route 50, just 1.7 miles from the Route 37/50 interchange. The average daily traffic count is 19,000, according to VDOT. The building includes over 4000 square feet, with approximately 2800 square feet of retail space on the first floor and a 1200 square foot apartment on the second floor. Currently operating as a convenience store, the FF&E conveys with the sale. The property is within the Frederick Water Service Area for future public water and sewer access. Zoned B2 (General Business District), the site is a former gas station where fuel tanks were professionally removed in 2023, and soil samples met VA DEQ standards. There is ample space to add additional parking or for further development. Seller financing is required.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hotel & Motel Food Market Accounting Firm Grocery Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Frederick
    State
    Virginia
    Longitude
    -78.2284616
    Latitude
    39.1949932

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    FAQs

    What type of property is this?
    Grocery and convenience store - Operating convenience store with apartment and development potential.
    Where is this grocery and convenience store located?
    The property is located at 2740 Northwestern Pike Winchester, VA.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - High-traffic location on Rt 50 with 19,000 average daily traffic count.; - B2 (General Business District) zoning allows for a wide range of business uses.; - Approximately 3.25 acres with space for additional parking or development.
    (540) 533-3627
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    Winchester, VA 22603
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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
    2740 Northwestern Pike Winchester, VA 22603
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