Mixed-Use Land for Sale in Winchester, Virginia
109 S Kent St, Winchester, VA 22601
Price has been reduced to $229,900! Current NOI is $21,178 or 9.2% 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!
Location
- Street address
- 109 S Kent St
- County
- City of Winchester
- School district
- Winchester City Public Schools
- Elevation
- 697 feet
Property details
- Lot size
- 0.08 acres3,485 sq ft
- MLS #
- TREND VAWI2007426
- Posted
Property taxes
- Recent
- $1,550
Details and features
Listing
- Subtype
- Retail
Exterior
- Parking Spaces
- 3
- Parking
- Parking Lot
Structure
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Materials
- Frame
Nearby schools
| Name | Type | District |
|---|---|---|
| Virginia Avenue Charlotte Dehart | Elementary | Winchester City Public Schools |
| Daniel Morgan | Middle | Winchester City Public Schools |
| John Handley | High | Winchester City Public Schools |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 18, 2026 | Price drop | $229,900 | $20,000 -8% | TREND |
| Jan 6, 2026 | New listing | $249,900 | — | TREND |
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