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Historic Landmark Building in Winchester

45 BOSCAWEN E STREET, Winchester, VA 22601

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For Sale

$1,299,000

Iconic, meticulously restored building with income potential in downtown Winchester.

Type:Commercial/Industrial

Property size:

7,500 SF

Lot size:

0.06 Acres

Price / SF:

$173/SF

HighLights

Prime downtown Winchester location, adjacent to City Hall and near parking/amenities.
Historic building meticulously restored for Class A office space with modern amenities.
Income‑producing property with 1st and 3rd floors leased, 2nd floor available.
Proforma Gross Operating Income (GOI) $100K+/year with low operating expenses (OPEX).
Potential for residential conversion on 2nd & 3rd floors under current zoning.
Recent upgrades including a new roof in 2023.

We can help!

Listing Contact

Gillian J Greenfield

For Sale

$1,299,000

Iconic, meticulously restored building with income potential in downtown Winchester.

Type:Commercial/Industrial

Property size:

7,500 SF

Lot size:

0.06 Acres

Price / SF:

$173/SF

Added:: Jan 23, 2024
Days on Market:: 880
Last Refresh:: May 20 at 1:35 am

Property Features for 45 BOSCAWEN E STREET

General Information

Standard status: Active
Size: 7,500 SF
Lot size: 0.06 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1930

We can help!

Listing Contact

Gillian J Greenfield

Listing agent Gillian J Greenfield License #0225064152

Listing office Coldwell Banker Premier

Listing date Jan 23, 2024

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HighLights

Prime downtown Winchester location, adjacent to City Hall and near parking/amenities.
Historic building meticulously restored for Class A office space with modern amenities.
Income‑producing property with 1st and 3rd floors leased, 2nd floor available.
Proforma Gross Operating Income (GOI) $100K+/year with low operating expenses (OPEX).
Potential for residential conversion on 2nd & 3rd floors under current zoning.
Recent upgrades including a new roof in 2023.

Overview

This historic landmark building, known as the Odd Fellows Building, is available for sale in Downtown Winchester, Virginia. Constructed in 1930, the 7,500 square foot building has been meticulously and historically restored into Class A office space with modern amenities. The property features two retail/office spaces on the first floor and office suites on the second and third floors, accessible by an elevator. The building boasts vaulted ceilings, massive, oversized windows, and classic hardwood finishes. The property is located immediately adjacent to City Hall, across the street from a public parking garage, and one block from the Old Town Walking Mall and County municipal buildings. The building is sold with the first and third floors leased, while the second floor is available for lease or end-user occupancy. The proforma gross operating income is $100,000+ annually, with operating expenses averaging $20,000 per year, the majority of which is passed through to tenants via NNN fees. A new roof was installed in 2023. The current zoning permits residential conversion of the second and third floors. This property presents an ideal opportunity for an owner-occupant seeking residual income, growth potential, and a legacy investment.

Property Profile Location Intelligence

Current Use by Public Records

Bill's Tailoring (Bike/Boat/Book/etc) Store JES Foundation Repair Hardware & Home Improvement Traffic Tech Logistics Company Frederick County Economic ... County Government Office Frank Armstrong IV, ... Business Management Consultant

Suggested Use

Location Insight

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Local Demand

City: Winchester
County: Frederick
State: Virginia
Longitude: -78.1671
Latitude: 39.1842

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For sale
Office buildings
VA
Winchester
22601
45 BOSCAWEN E STREET

What type of property is this?

Office building - Iconic, meticulously restored building with income potential in downtown Winchester.

Where is this office building located?

The property is located at 45 BOSCAWEN E STREET Winchester, VA.

What is the asking price?

The asking price for this property is $1,299,000.

What are key features of this property?

This property features: Prime downtown Winchester location, adjacent to City Hall and near parking/amenities.; Historic building meticulously restored for Class A office space with modern amenities.; Income‑producing property with 1st and 3rd floors leased, 2nd floor available.