1359 BERRYVILLE AVE new to site

Winchester,VA 22601

$ 1500000

- Bed

- Bath

5145 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,145 sqft

Price per Sqft $291

MLS Listing ID VAWI2008694

Year Built 1982

Annual Tax Amount $7,874

Tax Year 2025

Lot Size 0.873 Acres

Acres 0.87

Property Sub-Type Retail

Source BRIGHT

Property Description

Excellent 1031 opportunity in Winchester, Virginia. This interstate commercial property is strategically located immediately off I-81, Exit 315, and is leased with over seven years remaining on the current term. Key highlights include NOI: Currently $83,000 per year.Tenant: A good credit tenant is in place, responsible for real estate taxes and insurance. Property Condition: The building is in excellent condition and is located next to a Five Guys restaurant. Previous Use: The property was previously a restaurant and still has an intact kitchen.

This is a prime investment in Virginia's fastest-growing community, offering an unbeatable location and market. Asking price for this occupied property with a good-standing tenant is $1.5 million.

Location

State VA

County Winchester City

Zoning B2

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 20.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 20

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Winchester City Public Schools

Others

Tax ID 197-02-7A2

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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