230 Boscawen St Winchester, VA 22601
- Commercial real estate
- 6,720 SF
- 0.28 lot acres
Current Use by Public Records
- New Lifestyles / Mental Health Clinic / Psychologist
- Holly House / Historical Landmark
Property Details for 230 Boscawen St
- Year built
- 1891
- Lot size
- 0.28 lot acres
- Property size
- 6,720 SF
- Zone code
- B1
- Property type
- Commercial real estate
- APN
- 172-01-C- 1-
- APU
- 17201C1
Description
This exceptional 7650+ sq ft property at 230 W Boscawen Street, Winchester, VA 22601, presents a unique redevelopment opportunity. Located in the heart of Historic Old Town, this iconic Federal-style building boasts stunning architectural details including wrought iron fencing, cathedral windows, a grand hardwood staircase, and a magnificent master fireplace. The property includes three floors and a substantial outdoor English courtyard, offering versatile potential. Imagine transforming this space into multifamily residences, professional offices, a historical residence, a bed and breakfast, or an events center – the possibilities are endless. The expansive courtyard provides ample space for urban gardening, building expansion, additional parking, or even a pool. This property is ideally situated within walking distance of Old Town amenities and offers off-street parking. Eligible for historical tax credits, this is a chance to restore a piece of Winchester's history while capitalizing on its prime location. Priced at $819,000, this is a legacy project for the discerning investor or developer seeking a truly remarkable undertaking. The property's size and location make it a rare find in the vibrant Winchester market. Don't miss this chance to own a piece of history and create something truly special.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $720,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $505,000
- 6.5%
- $545,000
- 7%
- $520,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $530,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $560,000
- Mixed-Use
- $575,000
- Hospitality
- $605,000
- Educational
- $550,000
- Residential Income
- $500,000
- Energy
- $530,000
- Income-Based Land
- $465,000
- Food Service
- $605,000
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Winchester City
- State
- Virginia
- Longitude
- -78.1698
- Latitude
- 39.1853
- CBSA code
- 49020
- CBSA name
- WINCHESTER, VA-WV METROPOLITAN STATISTICAL AREA
