Restored Mixed-Use
For Sale
$1,724,000
48 W Boscawen, Winchester, VA 22601
Renovated occupied floors accommodate retail and office tenancy in downtown Winchester near the pedestrian mall.
Property Size9,355 SF
Price / SF$184.29
Days on Market16
Property Features for 48 W Boscawen
General Information
Standard status
Active
Size
9,355 SF
Occupancy
100%
Building Details
Year Built
1927
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
Coldwell Banker Premier
(540) 974-3927
Listed By:
Gillian Joy Greenfield · License #0225064152
Source:
Premierehomegroup
Added: Aug 14
Changed: Aug 28
Last Checked: Aug 28 at 8:42PM
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 Coldwell Banker Premier
Investment Insights
Based on property information with market context.
Built in 1927, this 9,355-square-foot mixed-use property combines renovated commercial space with additional redevelopment capacity. The first and second floors are fully improved and occupied by three tenants, with retail and office build-outs already in place. Recent work includes a metal roof, new HVAC systems, and updated tenant interiors.
The third floor is positioned for residential conversion, while the sale also includes an adjacent parking lot identified as Tax ID 173-01-E-1. That lot has approval for multifamily development or may continue serving as dedicated parking for the property. The building is one block from the Old Town Winchester Walking Mall and one block from the Braddock Street Parking Garage. It is also located within an Enterprise Zone and may qualify for Historic Tax Credits and other incentive programs.
The third floor is positioned for residential conversion, while the sale also includes an adjacent parking lot identified as Tax ID 173-01-E-1. That lot has approval for multifamily development or may continue serving as dedicated parking for the property. The building is one block from the Old Town Winchester Walking Mall and one block from the Braddock Street Parking Garage. It is also located within an Enterprise Zone and may qualify for Historic Tax Credits and other incentive programs.
Key Highlights
- 9,355‑square‑foot mixed‑use building with renovated first and second floors
- Three tenants occupy the first and second floors
- Third floor ready for residential conversion
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,889
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated occupied floors accommodate retail and office tenancy in downtown Winchester near the pedestrian mall.
Where is this mixed-use property located?
The property is located at 48 W Boscawen Winchester, VA.
What is the asking price?
The asking price for this property is $1,724,000.
What are key features of this property?
This property features: 9,355‑square‑foot mixed‑use building with renovated first and second floors; Three tenants occupy the first and second floors; Third floor ready for residential conversion
