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Approved Mixed-Use Development Opportunity
For Sale
$399,000

1 N Braddock St, Winchester, VA 22601

Approved mixed-use site plan in downtown Winchester, Virginia.

Property Size1,340 SF
Lot Size0.09 Acres
Price / SF$297.76
Days on Market789

Property Features for 1 N Braddock St

General Information

Standard status Active
Size 1,340 SF
Lot size 0.09 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1,061

Amenities

Zero Lot Line
Listing Agency: COLDWELL BANKER PREMIER
Listed By: GILLIAN JOY GREENFIELD · License #0225064152
Source: Corcoran
Added: Jul 8, 2024 Changed: Aug 25 Last Checked: Sep 4 at 8:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER PREMIER

Investment Insights

Based on property information with market context.

This property presents an excellent development opportunity in downtown Winchester, Virginia. It features an approved mixed-use site plan for a multi-story building. The plan includes 1,340 square feet of first-floor commercial space and six spacious luxury condos/apartments, with the potential for seven, plus a rooftop patio. This allows for a total of eight rental units. Located in the second historical district and Enterprise Zone, the property, known as One North, qualifies for a $100,000 state grant, special financing, tax rebates, and other incentives to build. The buyer is responsible for verifying all incentives. This infill lot is one block from the walking mall and includes the land, approved planning and zoning site plan with a building design, and floor layout by Design Concepts. It is a legacy development opportunity.

Key Highlights

  • Approved mixed‑use site plan for a multi‑story building with commercial space and luxury condos/apartments.
  • Located in Downtown Winchester, one block from the walking mall.
  • Qualifies for a $100K state grant, special financing, tax rebates, and other incentives.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Travel Agency Catering Service Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,971
Businesses Nearby

Demographics for 22601, VA

29,720
Population
13,159
Households
2.3
Avg Household Size
37
Median Age
31%
College-Educated
87%
High-School Grad
9.8 sq mi
ZIP Area
3,033
Density / Sq Mi
$66,542
Median Household Income
$38,491
Median Earnings
$1,316
Median Rent
$321,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Approved mixed-use site plan in downtown Winchester, Virginia.
Where is this commercial land located?
The property is located at 1 N Braddock St Winchester, VA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approved mixed‑use site plan for a multi‑story building with commercial space and luxury condos/apartments.; Located in Downtown Winchester, one block from the walking mall.; Qualifies for a $100K state grant, special financing, tax rebates, and other incentives.
More about this property
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