1359 Berryville Ave, Winchester, VA 22601

Property Description

Excellent 1031 opportunity in Winchester, Virginia. This interstate commercial property is strategically located immediately off I-81, Exit 315, and is leased with over seven years remaining on the current term. Key highlights include NOI: Currently $83,000 per year.Tenant: A good credit tenant is in place, responsible for real estate taxes and insurance. Property Condition: The building is in excellent condition and is located next to a Five Guys restaurant. Previous Use: The property was previously a restaurant and still has an intact kitchen. This is a prime investment in Virginia's fastest-growing community, offering an unbeatable location and market. Asking price for this occupied property with a good-standing tenant is $1.5 million.