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704 Baker

WINCHESTER, VA 22601
  • $1,650,000
  • STATUS: Closed
  • ON SITE: 104 Days
  • ID#: VAFV2004694
Sold - 05/13/2022
$1,650,000
SOLD - 05/13/2022
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1986
County:

School Ratings & Info

Description

Overview: Fully leased, Income Producing Professional Building FOR SALE. Outstanding CAP Rate starting at almost 8.5%! Fully remodeled and in excellent condition, this 10,350 SF building was designed by a leading national architect and boasts a strong rental history under current ownership. All leases are NNN with virtually 100% landlord OPEX flowing through to tenants. Virtually hands-off management by a new owner, this professional building will benefit any investor's portfolio. Mix of national and strong regional tenants, plenty of parking, excellent location off area's busiest commuter corridors, and high end, modern finishes. Excellent 1031 exchange opportunity too! Invest in the fastest growing city in State of VA! Asking $1,750,000.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dailey Group | Keller Williams Gateway. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-24T20:50:23.22.
www.thedaileygroup.com/homes/125498785
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704 Baker WINCHESTER, VA 22601

  • Price: $1,750,000
  • Status: Closed
  • On Site: 104 Days
  • Updated: 20 min ago
  • ID#: VAFV2004694
0
Beds
0
Baths
0
½ Baths
1
Acres
1986
Built
County:
Frederick
School District:
Frederick County Public Schools
Property Description
Overview: Fully leased, Income Producing Professional Building FOR SALE. Outstanding CAP Rate starting at almost 8.5%! Fully remodeled and in excellent condition, this 10,350 SF building was designed by a leading national architect and boasts a strong rental history under current ownership. All leases are NNN with virtually 100% landlord OPEX flowing through to tenants. Virtually hands-off management by a new owner, this professional building will benefit any investor's portfolio. Mix of national and strong regional tenants, plenty of parking, excellent location off area's busiest commuter corridors, and high end, modern finishes. Excellent 1031 exchange opportunity too! Invest in the fastest growing city in State of VA! Asking $1,750,000.
Exterior Features

Construction Materials Mixed Garage YN No Parking Types Parking Lot Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 10350.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 10350.00

Property Features

Accessibility Features 2+ Access Exits36"+ Wide HallsLevel Entry - Main Business Type Professional Buyer Financing Conventional Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N Net Operating Income 148150.00 New Construction YN No Number Of Units Total 5 Original MLSNumber 801328383286 Ownership Interest Fee Simple Possession Settlement Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 5855.00 Tax Assessment Amount 959800.00 Vacation Rental YN No Water Source Public Year Built Effective 2016 Zoning B2

Listing courtesy of Greenfield & Craun Commercial.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dailey Group | Keller Williams Gateway. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-24T20:50:23.22.
 
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