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Downtown Mixed-Use Redevelopment Property
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139-145 N Loudoun Street, Winchester, VA 22601

Existing building offers first-floor retail with an office component, with basement space used by the tenant.

Property Size22,316 SF
Days on Market124

Property Features for 139-145 N Loudoun Street

General Information

Standard status Active
Size 22,316 SF
Property subtype Multifamily, Mixed Use, Land

Additional Details

Highway Access Yes

Building Details

Stories 3
Listing Agency: Feldman Ruel
Listed By: Christopher Chadwick · License #VA 0225206248
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 3:34PM

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 Feldman Ruel

Investment Insights

Based on property information with market context.

The property is currently configured with 10,200 square feet of retail space on the first floor occupied by Dollar General. In addition, there is a 7,000 square foot basement used by the first-floor tenant, and 5,116 square feet of office space on the upper two floors.

The offering is positioned as a prime development opportunity in the walking pedestrian mall area of downtown Winchester’s historic district. The redevelopment concept calls for ground level retail and approximately 25 apartment units on the upper floors.

The building provides a combined retail and office setup today, with the provided redevelopment direction supporting a transition to a mixed-use format featuring retail and apartments.

Key Highlights

  • 10,200 SF first‑floor retail space occupied by Dollar General in a downtown Winchester pedestrian mall area
  • 7,000 SF basement space used by the first‑floor tenant
  • 5,116 SF office space on the upper two floors

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Veterinary Clinic Tech Support Center 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

972
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Existing building offers first-floor retail with an office component, with basement space used by the tenant.
Where is this mixed-use property located?
The property is located at 139-145 N Loudoun Street Winchester, VA.
What are key features of this property?
This property features: 10,200 SF first‑floor retail space occupied by Dollar General in a downtown Winchester pedestrian mall area; 7,000 SF basement space used by the first‑floor tenant; 5,116 SF office space on the upper two floors
More about this property
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