For Sale
$1,630,000

48 Boscawen StWinchester, VA 22601

Downtown gem, 9,200 SF, investment opportunity.

Overview

Added:
Feb 3
Days on market:
60
This exceptional mixed-use property, located at 48 W Boscawen in the heart of historic Old Town Winchester, Virginia, presents a unique investment opportunity. The building boasts a total of 9,200 square feet situated on a substantial 3.291-acre lot. The first and second floors have undergone a complete renovation, offering modern, move-in ready spaces. Currently, approximately 1,000 square feet is leased to a long-term tenant, providing immediate income. The remaining space is vacant, allowing for customization to suit a variety of needs. The third floor presents a blank canvas, ripe for development and offering potential for residential conversion. The building's location within an Enterprise Zone provides access to grant incentives, and historical tax credits are available for the renovation of the third floor. The property features all-new HVAC systems in the finished spaces, new paint, and new flooring in select areas. It's also ethernet-ready and has fiber access. The building's versatility allows for a mix of retail, office, and residential uses, making it ideal for both end-users and investors. Its prime location, just one block from the Braddock Street Parking Garage and the historical Walking Mall, ensures high visibility and accessibility. This is a rare opportunity to acquire a significant piece of Winchester's history and capitalize on its vibrant downtown.

Property Details for 48 Boscawen St

Property type
Mixed-use properties
Square Feet
9,200 SF
Year Built
1927
Lot Size (sq. ft)
143,355,960 SF

Location Insight

City
Winchester
County
Winchester City
State
Virginia
Latitude
39.18457
Longitude
-78.16692
48 Boscawen St, Winchester, Virginia

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48 Boscawen St
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