109 Kent St Winchester, VA 22601
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High-yield retail investment, prime location.
Property size:
1,779 SFProperty Features for 109 Kent St
General Information
- Property type
- Individual retail properties
- Square Feet
- 1,779 SF
- Class
- C
- Lot Size
- 3,703 SF
Building Details
- Year Built
- 1900
Listing Agent: Jim Guisewhite
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fully leased, two-story storefront in downtown Winchester, Virginia. The 1,779 square foot building, constructed in 1900, sits on a 0.085-acre lot and is zoned B1. Currently occupied by a single retail tenant under a net lease with three years remaining (plus a three-year option), the property boasts a 7.5% cap rate and a current asking price of $258,000 ($145.03/sq ft). The building features six offices (three on each floor), each approximately 14 feet by 14 feet, and two full bathrooms. A secure private entrance serves the second-floor office space. On-site parking is available. Its strategic location, just two blocks from the walking mall and the government center, provides excellent visibility and accessibility. The current lease includes a 3% annual rent increase, ensuring consistent income growth. The flexible floor plan allows for multiple tenant occupancy in the future, presenting further investment potential. This property offers a compelling blend of immediate income and long-term growth prospects in a thriving downtown area. The property's history and current configuration make it a unique and attractive investment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Md's Treasures LLC
Clothing Store
Meraki Ink
Tattoo & Piercing Shop
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Frederick
- State
- Virginia
- Longitude
- -78.1634018
- Latitude
- 39.1822181
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FAQs
What type of property is this?
Individual retail property - High-yield retail investment, prime location.
Where is this individual retail property located?
The property is located at 109 Kent St Winchester, VA.
What is the asking price?
The asking price for this property is $258,000.
What are key features of this property?
This property features: $258,000 price reduction on this Downtown Winchester commercial property, located two blocks from the walking mall and government center.; 1,779 SF, two-story building, fully leased to a retail tenant under a three-year lease with a three-year option and 3% annual rent increases.; Features six 14' x 14' offices (three on each floor) and two full baths.