37-45 E Boscawen St - Office FOR SALE


Winchester, VA 22601- Downtown Winchester
$1,399,000 USD
540-974-3927
37-45 E Boscawen St, Winchester, VA for Sale
$1,399,000 USD
Office - FOR SALE
1/39
null | Request Cap Rate

37-45 E Boscawen St
Winchester, VA 22601
Downtown Winchester


HIGHLIGHTS

  • Turn Key Historic Investment, Downtown Winchester
  • Outstanding 1st Floor Retail Opportunity
  • Upper Floor Office or Residential Conversion Opportunity
  • Sold Fully Leased or Partially Vacant for End User Investor

OVERVIEW

Landmark, historic building for sale, Downtown Winchester, Virginia. Outstanding tenant history. Sold with 1st and 3rd floors leased, 2nd floor will be available for lease or end-user occupancy! A total of 7500 SF on three floors, located immediately adjacent to City Hall, across the street from public parking garage, and one block from Old Town Walking Mall and County municipal buildings. LOCATION LOCATION LOCATION. Iconically known as the Odd Fellows Building, built in 1930 and meticulously and historically restored for Class A office space with all modern amenities. Proforma GOI $100K+/annual. OPEX averages $20K/year (majority passed through to tenants via NNN fees). Ideal for owner-occupant wanting residual income, opportunity for growth, and a legacy investment. Two retail/office spaces on 1st floor, elevator to 2nd and 3rd floor office suites. Vaulted ceilings, massive, oversized windows, classic hardwood finishes, a true First Class building in meticulously-cared for condition. 2nd & 3rd floor residential conversion permitted under current zoning. See Agent Remarks for all recent upgrades including NEW ROOF in 2023. Asking $1,399,000.

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

B1

APN/PARCEL ID

193-01-M-17

ASK ABOUT THIS PROPERTY

Gillian GreenfieldGreenfield CommercialMore Info
540-974-3927

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Gillian GreenfieldGreenfield CommercialMore Info
540-974-3927

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.