For Sale
$783,000

242 Airport RdWinchester, VA 22602

High-Income Flex Space, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This Winchester, VA property at 242 Airport Road offers a 4350 square foot flex space currently under a three-year lease with a renewal option. The property boasts a comfortable office area and a large warehouse featuring one private dock door and a ceiling height exceeding 20 feet. The space is described as very clean and includes ample parking. Its convenient location within a flex condo park provides easy access to amenities. The property enjoys a prime location, just five minutes from I-81, Exit 313 in Frederick County, VA, and is approximately 45 minutes west of Leesburg via Route 50 or I-66, providing convenient access to Northern Virginia. The current lease generates a net income of $3625 per month, subject to 3% annual increases. The asking price for this income-producing property is $783,000. The property is classified as Land, Industrial, Farm, Ranch, Manufacturing, and Commercial. This presents a compelling investment opportunity in a desirable location.

Highlights

  • 4,350 SF flex space in Winchester, VA, currently leased.
  • Features office area and large warehouse with one dock high door and 20'+ ceilings.
  • Ample parking in convenient flex condo park location.
  • Prime location: 5 minutes from I-81 Exit 313, ~45 minutes to Leesburg.
  • $783,000 asking price; $3,625/month net income with 3% annual increases.

Property Details for 242 Airport Rd

Property type
Land, Industrial properties

Location Insight

City
Winchester
County
Winchester City
State
Virginia
Latitude
39.1435089
Longitude
-78.1554493
242 Airport Rd, Winchester, Virginia

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242 Airport Rd
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