Remarks

Introducing a unique investment opportunity in the heart of Historic Downtown Winchester! The iconic Leggetts Building, located on the vibrant Pedestrian Mall, offers three addresses in one with a diverse tenant base across three finished floors of retail and office space. This well-maintained building features access from both Loudoun Street and Indian Alley, providing excellent foot traffic and visibility.

Highlights include the Bright Center, once home to Winchester’s first escalator, now a charming carpeted staircase in the Bright Box Theater. Other key tenants include Worlds Away Escape Room and Exotic Himalayan Shop, adding to the building’s eclectic appeal. Professionally managed and just steps from Boscawen Street, this property is surrounded by historic landmarks, including the Shenandoah Valley Civil War Museum.

With a pro-forma cap rate of approximately 5.45%, this is an incredible opportunity for investors looking to own a piece of Winchester’s history while enjoying steady returns. Don't miss out on this prime location—perfect for retail and office space in a thriving downtown area!

Details

MLS#: VAWI2006504
Price: $5,000,000

Year Built: 1900

County: WINCHESTER CITY
Tax Fee: 25845.47