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Office Building with Multiple Suites
For Lease
$15 SF/Yr

38 ROUSS Avenue, Winchester, VA 22601

CommercialLease - WINCHESTER, VA

Lot Size0.27 Acres
Days on Market165

Property Features for 38 ROUSS Avenue

General Information

Property type Other
Property subtype Office
Parking 3
Parking features Parking Lot
Elementary school district WINCHESTER CITY PUBLIC SCHOOLS
Middle school district WINCHESTER CITY PUBLIC SCHOOLS
High school district WINCHESTER CITY PUBLIC SCHOOLS
Standard status Active
Lot size 0.27 Acres

Utilities

Heating system Forced Air
Cooling system Wall Unit(s)

Building Details

Year built 1853
Building materials Brick
Listing Agency: Colony Realty
Listed By: John S Scully IV · License #0225077393
Added: Feb 17 Changed: Jun 9 Last Checked: Aug 1 at 8:06PM
MLS# VAWI2009958

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Yost Building is a distinctive office property that previously served as the executive wing of F&M National. The building offers multiple suite sizes, supporting a range of office users and organizational needs. Its floorplan flexibility is suited for professional firms, government-adjacent services, and other organizations seeking space within a managed downtown office setting.

The property is positioned in the heart of downtown Winchester, Virginia, adjacent to City Hall and steps from the Historic Walking Mall. A quick walk also connects to Frederick County Administrative Buildings and the Courthouse, with numerous public parking structures nearby for day-to-day access.

For tenants evaluating a downtown presence, the building’s central civic setting and walkable proximity to key public destinations can support efficient meetings with employees and clients. Suite availability across different sizes may help professional and administrative teams right-size their footprint while maintaining a prestigious address in the city core. The property is offered for lease, with an additional listing available for sale.

Key Highlights

  • Prime downtown location adjacent to City Hall and the Historic Walking Mall
  • Highly walkable location convenient to Frederick County Administrative Buildings, the Courthouse, and public parking
  • Flexible floorplan offerings suitable for various business sizes

Property Analytics

Current Use

McGriff Insurance Services Insurance Agency

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Travel Agency Tech Support Center Fish Market Florist

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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,889
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

Lease Benchmarks for Winchester, VA

$11.94 /SF/Yr
Avg Asking Price
$0.74–$20 /SF/Yr
Price Range
12,454 SF
Avg Space Size

This space is priced 26% above the average of $11.94 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Downtown office suites in the former executive wing of F&M National, positioned for convenient client and employee access.
Where is this office building located?
The property is located at 38 ROUSS Avenue Winchester, VA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime downtown location adjacent to City Hall and the Historic Walking Mall; Highly walkable location convenient to Frederick County Administrative Buildings, the Courthouse, and public parking; Flexible floorplan offerings suitable for various business sizes
More about this property
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