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53 E LEE STREET, WARRENTON, VA 20186
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$710,000
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Home Details for 53 E LEE STREET
Price
$710,000
Type
Commercial/Industrial
Year Build
1919
Lot Size
0.07
County
FAUQUIER
Tax
$1,098
MLS®️ Listing#
VAFQ2013418
On exitrealty.com
151 days
Property Description
A rare opportunity to acquire a mixed-use property in the heart of Old Town Warrenton. The top floor features a newly renovated photography studio operating under a 3-year lease, providing immediate rental income. The ground floor retail space—vacant and ready for occupancy—offers an excellent opportunity for an owner-user to establish their business in a prime, walkable location.
With both units leased, the property has the potential to generate a cap rate of over 10%, making it a compelling cash-flowing asset. Positioned on a prominent corner with dual entrances, this property suits investors seeking income stability or owner-operators looking to offset costs with rental revenue. Owner financing or lease-to-own options may be considered.
- Cooling Information
- Multi Units
- Electric
- Heating Information
- Natural Gas
- Central
- Parking
- On Street
- Parking Lot
- Water Features
- Public
Listing Courtesy: Cres, Inc. - 540-347-2610
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Last Updated: 2025-11-05 14:16:43
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