48 W Boscawen St - Storefront Retail/Office FOR SALE


Winchester, VA 22601- Downtown Winchester
$1,630,000 USD
540-974-3927
48 W Boscawen St, Winchester, VA for Sale
$1,630,000 USD
Storefront Retail/Office - FOR SALE
1/27
null | Request Cap Rate

48 W Boscawen St
Winchester, VA 22601
Downtown Winchester


HIGHLIGHTS

  • Located at the corner of Boscawen and Braddock.

OVERVIEW

Historic Building for Sale, Downtown Winchester, VA! A legacy investment, partially leased, right in the heart of Old Town, one block from historical Walking Mall. Over 9300 SF total, 1st and 2nd floors 100% renovated, 3rd floor is waiting for your plans! Located in Enterprise Zone with grant incentives! Also Historical Tax Credits for renovation of 3rd floor. Offers a mix of retail space, office space, and opportunity for residential on 3rd floor (2nd floor can be converted from office to residential use too!). Rear (1K SF) is leased to long term tenant and 1st floor (2K SF) has new lease through 4.1.27. Current approx. gross income is $43K/year. 2nd and 3rd floors are vacant. 12 N. Braddock has all new paint and new floors. 48 W Boscawen has all new paint, is ethernet ready and fiber access. All HVAC systems in finished space are brand new! Ideal for an end user for upper floors or investor/developer. Located one block from Braddock Street Parking Garage. Outstanding investment opportunity that rarely comes available! Contact Agent to schedule a showing! For additional development opportunity, check out MLS VAWI2005956 for the lot across from building, also listed for sale, site planned approved for mixed use!

FOR SALE DETAILS

PRICE

$1,630,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

B1

APN/PARCEL ID

193-01-A-4

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 Policy.