Property profile

116 W Piccadilly St 9&10 Winchester, VA 22601

FOR SALE
Specialty properties
Property ID
US87-1035924
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Property summary

AI-generated overview

This exceptional commercial property, located at 116 W Piccadilly Street, Suite 8 in Winchester, Virginia, presents a unique opportunity for a small professional office. Situated in the heart of downtown, just one block from the Walking Mall and Old Town Winchester, this second-floor office suite offers unparalleled convenience and accessibility. The asking price is $315 per month, which is a full-service lease encompassing all utilities except internet and phone. This makes it an ideal solution for a part-time office, a small business, or an individual seeking a professional workspace away from home. The suite is generously sized and available for occupancy beginning July 1st, 2024. The building itself is quiet, secure, and benefits from a highly desirable location. This is a rare opportunity to secure a well-priced, fully serviced office space in a vibrant and convenient downtown setting. The property is classified as Special Purpose, Land, and is listed under the Commercial, Other subtype. The zip code is 22601. No units are included in this listing.

Property profile

Verified
Property type Specialty properties
UPID US87-1035924

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Home Health Care Service
  • Physician Alternative Medicine Practice
  • Hair Salon Nail Salon

Location

116 W Piccadilly St, Unit 9&10 Winchester, VA 22601
Winchester metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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