2641 Valley Avenue Winchester, VA ^$ 675,000

2641 Valley Avenue

^$ 675,000

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2641 Valley Avenue

Winchester, VA, 22601

^$ 675,000

Studio Baths0.0 Sq 3,965

Monthly Estimate*

^$ 4,486

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Studio

Commercial Property for sale in Winchester, VA

for $675,000. This 3,965 square foot building was built in 1920 on a lot size of 0.59.

Freestanding Mixed-Use Property along busy Valley Avenue. Property consists of 1,700 Sq Ft of Office/ Retail and three apartments, two 2 BR and one 1BR. Very nice yard with storage sheds in the rear of the property. Previously leased to Loan Smart and available for lease or as end user. The property has a storage building up front with an eye grabbing Pylon sign along busy Valley Avenue. Plenty of windows for natural light and additional signage opportunities. The property location is close to hotels, restaurants, along with several auto dealerships and auto service technicians. Use Office space for personal business or available for lease at $2,500/month with around $3,300/month from apartment rentals. Great for end-user with income to offset the loan balance monthly. Property Highlights: Compact investment opportunity High visibility space along busy high traffic Valley Avenue corridor Plenty of signage opportunities, including Pylon signage. Property is managed.

Commercial Contingent

Price

^$ 675,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,864

Style

General Retail,Professional

Lot Size

0.59

Year Built

1920

Town/City

Winchester

County/Region

Winchester City

MLS | Web ID

VAWI2003842

Features

Interior

Heating Fuel Natural Gas

Hot Water Natural Gas

Heating Y/N Y

Street Suffix AVENUE

Central Air Y/N N

General

Sewer Septic Exists

Heating Hot Water

Cooling None

Possession Settlement

Zoning B2

Construction Materials Aluminum Siding

Year Built 1920

Property SubType Office

Tax Year 2022

Percent Ownership Fee Simple

Cool Fuel None

Business Type Other/General Retail Professional

Accessibility Level Entry - Main

County WINCHESTER CITY

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE UNDER CONTRACT

Directions From I-81 southbound take exit 313 B for US-17 N/US-50 W/US-522 N toward Winchester turn right onto US-17 N/US-50 W/US-522 N/Millwood Ave continue onto E Jubal Early Dr Turn left onto Valley Ave pass

City WINCHESTER

Buyer Agent Compensation 3

Total Units 3

Lot Size Square Feet 25918.00

Waterfront Y/N N

Street Name VALLEY

Tax Annual Amount 5864.0

Price Per Sq Ft Total 170.2

Vacation Rental Y/N N

Days on Market 298

Standard Status Active Under Contract

Year Built Source Assessor

Tax Lot 5

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 3966.00

Lot Size Acres 0.59

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 388800.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 2641

* Excluded Features

List By

Oakcrest Commercial Real Estate

Broker

hpmanuel@comcast.net

Affordability Calculator

$4,975

Per Month

Monthly Principal & Interest: $4,486
Monthly Property Taxes: $489
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Winchester, VA

Average List Price ^$1,262,126

Percent of Sale Price 87%

About Winchester, VA

28,216 Population

20% Since 2002

^$48,983 Median Income

36.89 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/19/2024	$675,000	-10.00%	Price Down
6/27/2023	$750,000		Listed Price

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2641 Valley Avenue, Winchester, VA, 22601 is a Commercial Property for sale at $675,000 with 3,965 sqft and a lot size of 0.59. 2641 Valley Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 22601 which is in Winchester, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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2641 Valley Avenue

Commercial Property for sale in Winchester, VA

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