53 S 3rd St Warrenton, VA
Retail space with historic charm in a vibrant community.
- Added:
- Aug 13, 2025
- Days on Market:
- 333
- Last Refresh:
- May 20 at 9:59 pm
Property Features for 53 S 3rd St
General Information
- Standard status
- Active
- Size
- 1,550 SF
- Lot size
- 0.23 Acres
- Property subtype
- RETAIL
Listing office Cres Inc Commercial Real Estate Services (540) 878-1211
Listing date Aug 13, 2025
Source Moodyscre
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 Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in Oldtown Warrenton, just off Main Street.
- 1,550 square feet of retail space.
- Historic charm with hardwood floors and high ceilings.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.7k | $54.00 |
| − Vacancy | −$3.3k | −$2.16 |
| EGI | $80.4k | $51.84 |
| − OpEx | −$20.1k | −$12.96 |
| NOI | $60.3k | $38.88 |
