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109 S KENT STREET, WINCHESTER, VA 22601
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$249,900
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Home Details for 109 S KENT STREET
Price
$249,900
Type
Commercial/Industrial
Year Build
1900
Lot Size
0.08
County
WINCHESTER CITY
Tax
$1,550
MLS®️ Listing#
VAWI2007426
On exitrealty.com
287 days
Property Description
Price has been reduced to $249,900! Current NOI is $21,178 or 8.5% CAP. Location is two blocks off the Winchester Downtown Walking Mall and one block from the Government and Judicial Center.
Currently the two-story mixed-use building is being leased to one tenant for commercial use. The B1 zoning allows residential over commercial as a by right use. Current Tenant has a lease through June 2026. We feel the highest and best use for this property is Residential on both floors, which requires a Conditional Use Permit. Full bathrooms on each floor make this a candidate for a quick "fix and flip" project. Purchase the property while it is being leased and plan your renovations and apply for Conditional Use Permit. This location is much better suited for multifamily residential. Let an SVN Advisor help guide you through the process and maximize the potential of this "bite sized" investment!
- Utilities
- Cable Available
- Sewer Available
- Water Available
- Electricity Available
- Cooling Information
- Window Unit(s)
- Electric
- Heating Information
- Natural Gas
- Forced Air
- Water Features
- Public
- Parking
- Parking Lot
School Information
School Information for 109 S KENT STREET
Elementary School
VIRGINIA AVENUE CHARLOTTE DEHART
Middle School
DANIEL MORGAN
High School
JOHN HANDLEY
Listing Courtesy: Commercial Specialists - 540-535-0808
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.
Last Updated: 2026-01-06 10:31:23
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$249,900
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