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109 Kent St Winchester, VA 22601

Sponsored
For Sale
$258,000

High-yield retail investment, prime location.

Property size:
1,779 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
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 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

HighLights

  • $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.
  • Includes a secure private second‑floor entrance and on‑site parking.
  • Excellent location near downtown city offices and the Judicial Center, offering an 8% cap rate.
Property Profile Location Intelligence

Current Use by Public Records

Md's Treasures LLC Clothing Store Meraki Ink Tattoo Shop

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Winchester
County
Frederick
State
Virginia
Longitude
-78.1634018
Latitude
39.1822181

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.
More about this property
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