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!
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Listing Snapshot
Price
$4,500,000
Days On Site
201 Days
Bedrooms
N/A
Inside Area (SqFt)
34,300 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.37 Acres
Year Built
1900
MLS® Number
VAWI2006504
Status
Active
Property Tax
$25,845.47
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
2 months ago
Price changed to $4,500,000
2 months ago
Listing updated with changes from the MLS®
7 months ago
Status changed to Active
7 months ago
Listing first seen on site
General Features
Acres
0.37
Parking
On StreetOff Site
Property Sub Type
Mixed Use
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
34300
Utilities
Cable Available
Water Source
Public
Zoning
B1
Interior Features
Appliances
Electric Water Heater
Cooling
Central AirZonedElectric
Flooring
CarpetWood
Heating
Natural GasForced Air
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Exterior Features
Construction Details
BrickConcreteMetal SidingSynthetic Stucco
Roof
Rubber
Community Features
School District
WINCHESTER CITY PUBLIC SCHOOLS
Schools
School District
WINCHESTER CITY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Realty/Lee Beaver & Assoc.
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