Winchester, VA 22601,139-145 N LOUDOUN ST
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Winchester, VA 22601,139-145 N LOUDOUN ST

$599,000

Est. payment /mo

$989,000

39.4%
Est.Price: ?

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139-145 N LOUDOUN ST Winchester, VA 22601

15,700 SqFt

SOLD DATE : 12/11/2020

Key Details

Sold Price $599,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 15,700 sqft

Price per Sqft $38

Subdivision Historic Downtown Winchester

MLS Listing ID VAWI113496

Year Built 1900

Annual Tax Amount $5,963

Tax Year 2019

Lot Size 10,018 Sqft

Property Description

This property is scheduled to be auctioned on November 5, 2020 at 11:00 AM. The set reserve price is $599,000 and there is a 6% buyers premium. Commission paid to RE agents with registered client who is successful bidder. Seller would entertain pre-auction offers. Bidders are required to have a cashier's check in hand for $25,000 in order to place a bid. Unique opportunity to purchase one of the largest (15,700SF) retail buildings on Winchester Virginia's Old Town pedestrian mall. Approximately 10,200 SF of ground floor retail space with 57 linear feet of glass storefront. Second floor, front, contains 2,760 SF that is divided into 6 office spaces which are currently leased. Third floor front contains 1,160SF and is currently leased to a professional office. In addition to these spaces, there is a 1,200 SF second floor space in the rear of the building, and also approximately 7,000SF of basement space. The building is fully sprinkled. Development would allow for the addition of 22 residential units on multiple levels above. Current envelope could be transformed to upscale market with brewery or distillery as anchor, restaurants, theatre, rooftop dining.

Location

State VA

County Winchester City

Zoning B1

Interior

Hot Water Electric

Cooling Roof Mounted, Central A/C

Flooring Hardwood

Exterior

Utilities Available Natural Gas Available, Water Available, Sewer Available, Electric Available, Cable TV Available

Water Access N

Roof Type Built-Up,Asphalt,Rubber,Shingle,Tar/Gravel

Building

Lot Description Flood Plain, Zero Lot Line

Foundation Stone, Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Winchester City Public Schools

Others

Special Listing Condition Standard, Auction

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Bright MLS (BMLS)
Listed by Stanley C Corneal • MarketPlace REALTY
Bought with Non Member • Non Subscribing Office

Jason Gareau

Broker

+1(609) 929-4486

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