53 E LEE ST, Warrenton, VA 20186
Commercial Property 
Built in 1919 
3,049sqft lot
—— car garage 
$——/sqft 
Listed 11 months ago
Property Description
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 Status:
- Active
- Listing Office:
- Cres, Inc. : 5403472610
- Listing Agent:
- Albert William Chipman III : 5403472610
- MLS ID:
- VAFQ2013418
- A/C: Multi Units
- Heating: CentralNatural Gas
- Disability Feature: Doors - Swing In
This listing courtesy of Albert William Chipman III, Cres, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
James G. Brumfield Elementary School
550 Alwington Blvd, Warrenton, VA, 20186
Grades PK-5
0.81 miles away
Warrenton Middle School
244 Waterloo St, Warrenton, VA, 20186
Grades 6-8
0.54 miles away
Fauquier High School
705 Waterloo Rd, Warrenton, VA, 20186
Grades 9-12
1.19 miles away
