Property

Warrenton, VA 20186 53 E Lee Street

53 E Lee Street Warrenton, VA - Image 153 E Lee Street Warrenton, VA - Image 253 E Lee Street Warrenton, VA - Image 3
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Presented By: Cres, Inc.
  • MLS# VAFQ2013418
  • 08/01/2024
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Disclaimer: The information contained in this listing has not been verified by Jhony Leyva | Your Local REALTOR® and should be verified by the buyer.
  • SQFT • 4,800

Home Details

A rare opportunity to acquire a mixed-use property in the heart of Old Town Warrenton. The top floor features a newly renovated photography studio operating under a 3-year lease, providing immediate rental income. The ground floor retail spacevacant and ready for occupancyoffers an excellent opportunity for an owner-user to establish their business in a prime, walkable location. With both units leased, the property has the potential to generate a cap rate of over 10%, making it a compelling cash-flowing asset. Positioned on a prominent corner with dual entrances, this property suits investors seeking income stability or owner-operators looking to offset costs with rental revenue. Owner financing or lease-to-own options may be considered.
Presented By: Cres, Inc.

Interior Features for 53 E Lee Street

Bathrooms

Total Restrooms3

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot Water60+ Gallon Tank

General for 53 E Lee Street

AccessibilityDoors - Swing In
Business TypeHair Salon and Spa, Other/General Retail, Professional, Restaurant/Bar
CityWARRENTON
Construction MaterialsBrick
Cool FuelElectric
CoolingMulti Units
CountyFAUQUIER
DirectionsTo get to 53 E Lee St from US-29, head south on US-29 and take the exit toward Culpeper/VA-229 N, merging onto VA-229 N/E James Madison Hwy. Continue on VA-229 N for about 1 mile, then turn right onto U
HeatingCentral
Legal SubdivisionULLMANS AT LEE STREET CONDOS
Lot Size Square Feet3049.20
Lot Size UnitsSquare Feet
ModificationTimestamp2025-07-21T09:53:12
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG147.92
Property SubtypeRetail
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount1098.0
Tax Assessed Value116400.0
Tax Year2022
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1919
Year Built SourceEstimated
ZoningCB

Exterior for 53 E Lee Street

Building Area Total4800.00
Car Parking Spaces
Land Assessed Value25000.00
Land Use Code
Lot Dimensions82x37
Lot Size Acres0.07
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Jhony Leyva

Realtor
Price $710,000
MLS#VAFQ2013418
List Date 08/01/2024
Property Type Commercial
Phone 571.247.7543
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Email

homes@jhonyleyva.com

Phone

571.247.7543

Office

1440 Central Park Blvd Suite 210, Fredericksburg, VA 22401

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