1359 BERRYVILLE AVE Under Contract Save Request In-Person Tour Request Virtual Tour
Winchester,VA 22601
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Under Contract
Purchase Type For Sale
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