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Mixed-Use Building with Separate Units
New
For Sale
$1,200,000

51 E LEE St, Warrenton, VA 20186

Fully leased condominium building with separately metered salon and office spaces.

Property SizeContact for details
Days on Market2

Property Features for 51 E LEE St

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,084

Building Details

Year Built 1919
Listing Agency: Cres, Inc.
Listed By: Albert William Chipman III
Source: Elliman
Added: Sep 12 Last Checked: Sep 12 at 2:30PM

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 Cres, Inc.

Investment Insights

Based on property information with market context.

Built in 1919, this 6,200± SF mixed-use condominium property contains two separately metered units and shares a single party wall. The 4,600± SF ground-floor salon and spa includes wide-plank hardwood floors, exposed brick, multiple wash and styling stations, four private treatment rooms, a nail studio, office, break room, in-unit washer and dryer, three restrooms, and two rear entrances. The second-floor professional office suite has a dedicated first-floor entrance, street-facing signage, three private offices, a conference room, kitchenette, restroom, and two points of entry.

The property is fully leased to two established tenants on longer-term leases. Located at 51 E Lee St in Warrenton, the building combines salon, spa, and professional office improvements within a single condominium structure.

Key Highlights

  • 6,200± SF mixed‑use condominium building built in 1919
  • Fully leased to two established tenants on longer‑term leases
  • Two separately metered units share a single party wall

Property Analytics

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Current Use

Salon Emage Day ... Alternative Medicine Practice

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Grocery & Convenience Store Storage Facility Garden Center (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

1,163
Businesses Nearby

Demographics for 20186, VA

15,171
Population
6,114
Households
2.5
Avg Household Size
43
Median Age
44%
College-Educated
93%
High-School Grad
58.7 sq mi
ZIP Area
258
Density / Sq Mi
$100,813
Median Household Income
$50,533
Median Earnings
$1,541
Median Rent
$485,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully leased condominium building with separately metered salon and office spaces.
Where is this mixed-use property located?
The property is located at 51 E LEE St Warrenton, VA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6,200± SF mixed‑use condominium building built in 1919; Fully leased to two established tenants on longer‑term leases; Two separately metered units share a single party wall
More about this property
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