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Bright Center 9 N Loudoun St

34,252 SF 100% Leased Office Building Winchester, VA 22601 $5,000,000 ($146/SF) 5.46% Cap Rate

Investment Highlights

  • Historic Marquis Multi-Tenant Property with diverse tenants
  • Professionally Managed - Anchor tenants with tenure
  • Over 34,000 SF - almost completely leased up

Executive Summary

Introducing a unique investment opportunity in the heart of Historic Downtown Winchester! The iconic Leggetts Building, located on the vibrant Pedestrian Mall, offers three addresses in one with a diverse tenant base across three finished floors of retail and office space. This well-maintained building features access from both Loudoun Street and Indian Alley, providing excellent foot traffic and visibility.
Highlights include the Bright Center, once home to Winchester’s first escalator, now a charming carpeted staircase in the Bright Box Theater. Other key tenants include Worlds Away Escape Room and Exotic Himalayan Shop, adding to the building’s eclectic appeal. Professionally managed and just steps from Boscawen Street, this property is surrounded by historic landmarks, including the Shenandoah Valley Civil War Museum.
With a pro-forma cap rate of approximately 5.45%, this is an incredible opportunity for investors looking to own a piece of Winchester’s history while enjoying steady returns. Don't miss out on this prime location—perfect for retail and office space in a thriving downtown area!
Co-Listed with Lori Bales (lorifbales@gmail.com) and 540-974-1542

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
34,252 SF
Building Class
B
Year Built/Renovated
1900/2005
Price
$5,000,000
Price Per SF
$146
Cap Rate
5.46%
NOI
$272,943
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
11,417 SF
Slab To Slab
9’
Building FAR
2.13
Land Acres
0.37 AC
Zoning
B1 - Central Business District. Allows a variety of businesses, including small shops, to operate in areas where the public has frequent access.

Amenities

  • 24 Hour Access
  • Controlled Access
  • Property Manager on Site
  • Security System
  • Fully Carpeted
  • Reception
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Vince founded AffordableMassage in the late Spring of 2001 and has been a full time, self-employed, licensed massage therapist ever since. Employing a combination of deep tissue massage and relaxing lighter Swedish and Esalen techniques, Vince also shuns the dimly lit dark box room concept for his clients, and instead focuses on engaging all of one's senses during the massage experience from outdoor massage in a forested environment to a beautiful lit studio with gas and log fireplaces. Downtown historic Winchester in the Shenandoah Valley has provided a beautiful studio setting where the sights, tastes, and ambiance of downtown are exhilarating and fun. Capon Bridge, West Virginia, the location of Vince's home studio in the country, includes fire-side massage, which is offered during cooler months as well as outdoor massage under an open forested gazebo or in a more sheltered cabin in the woods is offered during warmer months. Gorgeous atmosphere and a deeply caring touch in

  • Rental and Leasing Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Bristol Associates is internationally recognized for providing an array of services to the world aviation and financial communities.Bristol's primary business is the acquisition, disposition and financing of used commercial and corporate aircraft--both domestically and internationally

  • Exoctic Himalayan Handicratfs
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Services - $9.99 Lorem Ipsum Jan 0000
Rental and Leasing Services - - Lorem Ipsum Jan 0000
Exoctic Himalayan Handicratfs Retailer - - Lorem Ipsum Jan 0000
Walk Score ®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
193-01-B-6
Land Assessment
$239,000
Improvements Assessment
$2,874,900
Total Assessment
$3,113,900
  • Listing ID: 33357720

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 9 N Loudoun St, Winchester, VA 22601

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