Exceptional opportunity located directly on Valley Avenue. 20 residential units, 15 offices. Selling at a CAP rate of 7.5%. Fully leased and possible help with financing to a well qualified buyer. The residential units are fully furnished and fully leased. The offices are full rented except the 2 the current owner uses. There is a shared conference room , kitchen and reception area for the office units.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1950
Living Area: 16,771 SqFt
Listing Office:
Office Name: Link Realty Services LLC
Office Phone: (540) 450-0142
Listing Agent: Meridee A Powars
Exterior Features
Parking Information:
Parking: Off Street
Lot Features
Lot Information:
Lot Size: 0.75 Acres
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Heat Pump
Other
Directions Information:
Directions: Located directly on Valley Ave. (Rt 11).
Price Information
Listing Price Info
Price Summary:
List Price: $3,800,000
Price Per SqFt: $227/SqFt
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Housing Market Comparison
See how this home compares to others in Winchester, VA.
This property is $3.4M more than the Median Sold Price and $19/SqFt more than other homes in Winchester, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #VAWI2005910
Listing Office:
Office Name: Link Realty Services LLC
Office Phone: (540) 450-0142
Listing Agent: Meridee A Powars
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. 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. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Frederick Douglass Elementary School
100 W Cedarmeade Ave
Distance between this listing and this school0.56 miles
Public District Grades KG-4
3
/10
Garland R. Quarles Elementary School
1310 S Loudoun St
Distance between this listing and this school2.13 miles
Public District Grades PK-4
5
/10
Evendale Elementary School
220 Rosa Ln
Distance between this listing and this school2.65 miles
Public District Grades PK-5
Nearby Schools
3
/10
Admiral Richard E. Byrd Middle School
134 Rosa Ln
Distance between this listing and this school2.59 miles
Public District Grades 6-8
3
/10
James Wood Middle School
1313 Amherst St
Distance between this listing and this school3.03 miles
Public District Grades 6-8
5
/10
Daniel Morgan Middle School
48 S Purcell Ave
Distance between this listing and this school3.06 miles
Public District Grades 7-8
Nearby Schools
3
/10
John Handley High School
425 Handley Blvd
Distance between this listing and this school2.30 miles
Public District Grades 9-12
5
/10
James Wood High School
161 Apple Pie Ridge Rd
Distance between this listing and this school4.72 miles
Public District Grades 9-12
5
/10
Sherando High School
185 S Warrior Dr
Distance between this listing and this school4.93 miles
The neighbors living near this home have an average income of $71,143. The most common annual income of people living in Winchester, VA is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2967 Valley Ave
What is the listing price of this property?
The listing price of 2967 Valley Ave property is $3,800,000.
What type of property is this?
The property 2967 Valley Ave is a house located in Winchester, Virginia, 22601.
Is this property for sale now?
Active Listing: 2967 Valley Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the square footage of this property?
The property 2967 Valley Ave is 16,771 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2967 Valley Ave is 1950.
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This home is located at 2967 Valley Ave in Winchester, VA and zip code 22601. This 16,771 square foot home, which was built in 1950, sits on a 0.75 acre lot. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $3,800,000.
In October 2024 more than 21 listings in Winchester, VA were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 28 were sold below. In October 2024 in Winchester, VA there were 4% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $386,500, while the average time on the real estate market was 39 days.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
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