Mixed-Use Building Near Walking
109 S Kent St Winchester, VA 22601
109 S Kent St, Winchester, VA, 22601
$229,900
Pending
For Sale
$229,900
Pending
Two-story mixed-use building near Winchester Downtown Walking Mall.
Lot Size0.08 Acres
Days on Market476
Property Features for 109 S Kent St
General Information
- Standard status
- Pending
- Lot size
- 0.08 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing Agency
COMMERCIAL SPECIALISTS
(540) 535-0808
Listed by
JOHN CHRISTIAN DAVIS FOX · License ##0225274688
Source
Corcoran
Added: Apr 2, 2025 Updated: Jul 10 at 3:47 pm Checked: Jul 20 at 3:42 am
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 COMMERCIAL SPECIALISTS
Investment Insights
Based on property information with market context.
The two-story mixed-use building is currently leased to one tenant for commercial use. The current NOI is $21,178, representing an 8.5% CAP rate. The property is located two blocks from the Winchester Downtown Walking Mall and one block from the Government and Judicial Center. B1 zoning allows residential over commercial as a by-right use. The current tenant's lease extends through June 2026. The property may be well-suited for multifamily residential use. Full bathrooms on each floor make this a candidate for a quick "fix and flip" project. The highest and best use for this property is Residential on both floors, which requires a Conditional Use Permit.
Key Highlights
- Boasting an 8.5% CAP rate based on the current $21,178 NOI.
- Prime location: just two blocks from Winchester Downtown Walking Mall and one block from the Government and Judicial Center.
- B1 zoning allows residential over commercial 'by right'.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Md's Treasures LLC
Clothing Store
Meraki Ink
Tattoo & Piercing Shop
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FAQs
What type of property is this?
Mixed-use property - Two-story mixed-use building near Winchester Downtown Walking Mall.
Where is this mixed-use property located?
The property is located at 109 S Kent St Winchester, VA.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Boasting an **8.5% CAP rate** based on the current $21,178 NOI.; Prime location: just two blocks from Winchester Downtown Walking Mall and one block from the Government and Judicial Center.; B1 zoning allows residential over commercial 'by right'.
