OakCrest Commercial is pleased to present the opportunity to acquire an industrial property located at 205 Brick Kiln Road in Winchester, Virginia. The property consists of approximately 24,753 ± square feet situated on 1.2 acres and benefits from rare M-2 zoning near the Winchester City/Frederick County line. The asset is offered for sale at $2,200,000. The building is configured into three suites totaling approximately 24,753 ± SF, with one suite currently vacant. The available suite comprises approximately 11,600 ± SF and features a functional industrial/flex layout, including approximately 1,800 ± SF of office/mezzanine and 9,800 ± SF of warehouse space. The space includes loading, 3-phase power, and on-site parking, making it well suited for contractor, service, light production, or distribution users. The property currently generates $92,499.96 in-place NOI, reflecting income from the two occupied suites. The vacant suite is not contributing income at this time but represents a near-term lease-up opportunity. Upon stabilization, assuming lease-up at the current asking rent of $8,691 per month on a triple net basis, the property is projected to generate $196,791.96 in NOI. This offering presents an opportunity to acquire an asset with current cash flow and meaningful upside through lease-up, with flexibility for both investors and potential owner-users.
Listed By
Agency Name: Oakcrest Commercial Real Estate
Agency Phone: 5405040787
Shown By
Agent Name: Carol Clarke
Agent Phone: (434) 242-5393
Agency Title: Montague Miller & Co. Realtors
205 Brick Kiln Road | MLS# VAFV2041492
This commercial property located at 205 Brick Kiln Road, Winchester, VA 22601 is currently listed for sale with an asking price of $2,200,000. Brick Kiln Road is located within the FREDERICK COUNTY PUBLIC SCHOOLS school district. Search Winchester real estate on cclarke.montaguemiller.com today.