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About the Listing CRSI1 - 23313
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 space—vacant and ready for occupancy—offers 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.
Listing Highlights for 53 E Lee St
Status
Active With Contingency
Days on Site
458
Property Type
Commercial Sale
MLS ®
VAFQ2013418
Year Built
1919
Total Square Footage
4,800
Lot/Acreage
0.07
County
Fauquier
School District
Fauquier County Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Multi Units
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Lot Dimensions: 82x37
- Zoning: CB
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: On Street,Parking Lot
Financial Details
- Tax Amount: $1,098
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2022
Payment Calculator
Monthly Payment
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- in Taxes
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Listing Location
Questions About..
53 E Lee St Warrenton, VA 20186
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