48 Boscawen St Winchester, VA 22601

Property Details for 48 Boscawen St

Year built

1927

Construction

FRAME

Lot size

0.08 lot acres

Property size

6,590 SF

Zone code

B1

Property type

Commercial real estate

APN

193-01-A- 4-

APU

19301A4

Description

This exceptional mixed-use property, located at 48 W Boscawen in the heart of historic Old Town Winchester, Virginia, presents a unique investment opportunity. The building boasts a total of 9,200 square feet situated on a substantial 3.291-acre lot. The first and second floors have undergone a complete renovation, offering modern, move-in ready spaces. Currently, approximately 1,000 square feet is leased to a long-term tenant, providing immediate income. The remaining space is vacant, allowing for customization to suit a variety of needs. The third floor presents a blank canvas, ripe for development and offering potential for residential conversion. The building's location within an Enterprise Zone provides access to grant incentives, and historical tax credits are available for the renovation of the third floor. The property features all-new HVAC systems in the finished spaces, new paint, and new flooring in select areas. It's also ethernet-ready and has fiber access. The building's versatility allows for a mix of retail, office, and residential uses, making it ideal for both end-users and investors. Its prime location, just one block from the Braddock Street Parking Garage and the historical Walking Mall, ensures high visibility and accessibility. This is a rare opportunity to acquire a significant piece of Winchester's history and capitalize on its vibrant downtown.

Location Insight

City

Winchester

County

Winchester City

State

Virginia

Longitude

-78.1669

Latitude

39.1846

CBSA code

49020

CBSA name

WINCHESTER, VA-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments