Mixed-Use Building Near Walking
For Sale
$229,900
Pending
109 S Kent St, Winchester, VA 22601
Two-story mixed-use building near Winchester Downtown Walking Mall.
Property SizeContact for details
Lot Size0.08 Acres
Days on Market522
Property Features for 109 S Kent St
General Information
Standard status
Pending
Lot size
0.08 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,550
Building Details
Year Built
1900
Listing Agency:
COMMERCIAL SPECIALISTS
(540) 535-0808
Listed By:
JOHN CHRISTIAN DAVIS FOX · License ##0225274688
(540) 336-6896
Source:
Corcoran
Added: Apr 2, 2025
Changed: Aug 8
Last Checked: Jul 23 at 6:45AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
1,958
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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'.
