Description
Two story fully leased commercial property located in Downtown Winchester; two blocks away from the walking Mall and the Government center. The property is currently leased to a retail tenant. This property has the ability to become Residential over Commercial, Office or Retail allowing for many lease opportunities in the future. The floorplans are well laid out for multiple tenants as well. The current tenant has recently entered into a three year lease with a three year option. The building is 1,779 Sq Ft on two floors. The property has a cap rate of 7.5% at $275,500!
Description
Two story fully leased commercial property located in Downtown Winchester; two blocks away from the walking Mall and the Government center. The property is currently leased to a retail tenant. This property has the ability to become Residential over Commercial, Office or Retail allowing for many lease opportunities in the future. The floorplans are well laid out for multiple tenants as well. The current tenant has recently entered into a three year lease with a three year option. The building is 1,779 Sq Ft on two floors. The property has a cap rate of 7.5% at $275,500!
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