www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze property details including ownership and financial history. Share advanced property insights with your clients and teams.

Bright Center

Mixed-use, Professionally Managed Marquis Property in Historic Downtown Winchester

Listing Contacts

Active

Asking Price: $4,500,000
Address 

9 N Loudoun St, Winchester, VA 22601

Show on Map
Date Added
Oct 1, 2024
Days on Market
169 days
Time Since Last Update
15 days

Details

Property TypeMixed Use, Office, Retail
SubtypeBar, Storefront, Traditional Office
Investment TypeStabilized
Square Footage34,300
Cap Rate5.48%
Pro-Forma Cap Rate6.28%
Occupancy85%
NOI$246,543
Pro-Forma NOI$282,543
Year Built1900
Year Renovated2005
Buildings3
Stories3
ZoningB1
Lot Size (acres)0.37
APN193-01-B-6

Marketing Description

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 over 6%, 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

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$246,543.00
$20,545.25/mo

Valuation Metrics

0
DSCR
5.48%
Cap Rate
5.48%
ROI
Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
Date Event Document Price Price/SF Sold By Sold To
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access
Upgrade for full access

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


Similar Properties for Sale

Pictures of Land, Mixed Use, Retail property located at 2452 Martinsburg Pike, Stephenson, VA 22656 for sales - image #1
Unpriced
2452 Martinsburg Pike
Land • 5.77 acres

2452 Martinsburg Pike Stephenson, VA 22656

Pictures of Land, Mixed Use, Retail, Self Storage property located at Hopewell Rd, Clear Brook, VA 22624, VA 22624 for sales - image #1
$4,700,000
HMC LP LLP
52.17 acres along I-81 Clear Brook, VA

Hopewell Rd Clear Brook, VA 22624, VA 22624

Pictures of Land, Mixed Use, Self Storage property located at Saccharin Ln, Bunker Hill, WV 25413 for sales - image #1
$299,000
Unrestricted - Mixed Use - No Zoning
5.18ac Unrestricted, No Zoning • Potential for several TH Rows

Saccharin Ln Bunker Hill, WV 25413

Pictures of Mixed Use, Multifamily, Office, Retail property located at 214 S Royal Ave, Front Royal, VA 22630 for sales - image #1
$650,000
214 S. Royal Ave, Front Royal, VA 22630
Discover a Prime Commercial Opportunity! Property Tour 03.08.25

214 S Royal Ave Front Royal, VA 22630

Pictures of Mixed Use, Office, Retail property located at 865 John Marshall Hwy, Front Royal, VA 22630 for sales - image #1
virtual tour
$2,000,000
865 John Marshall Hwy Front Royal, VA 22630
Must Pass this Location from DC to Skyline Dr/Shen Nat Park and many other tourist destinations!

865 John Marshall Hwy Front Royal, VA 22630

Pictures of Mixed Use, Office, Retail property located at 1864 Winchester Ave, Martinsburg, WV 25405 for sales - image #1
virtual tour
$699,900
1864 Winchester Ave
Turnkey investment opportunity!

1864 Winchester Ave Martinsburg, WV 25405

Pictures of Retail, Office, Industrial, Mixed Use property located at 60 Advent Dr, Martinsburg, WV 25403 for sales - image #1
$2,150,000
60 Advent Dr
Retail • 11,939 SF

60 Advent Dr Martinsburg, WV 25403

Pictures of Land, Mixed Use, Retail property located at 310 Winchester Ave, Martinsburg, WV 25401 for sales - image #1
Opportunity Zone
$864,500
Maucks Plumbing Building and additional lots
Prime Commercial Location with high traffic

310 Winchester Ave Martinsburg, WV 25401

Pictures of Business for Sale, Mixed Use, Multifamily property located at 100 W German St, Shepherdstown, WV 25443 for sales - image #1
$1,200,000
Shepherdstown Sweet Shop
Bakery Business, Historic Building and Residential Rentals For Sale!

100 W German St Shepherdstown, WV 25443

Pictures of Industrial, Land, Mixed Use property located at 4539 Valley Rd, Berkeley Springs, WV 25411 for sales - image #1
$550,000
Large Acreage on 522N in Berkeley Springs
Industrial

4539 Valley Rd Berkeley Springs, WV 25411

Pictures of Mixed Use, Multifamily, Office, Retail property located at 8387 W Main St, Marshall, VA 20115 for sales - image #1
$825,000
8387 W Main St
Successful Long Running Frame Shop For Sale in Premium Location

8387 W Main St Marshall, VA 20115

See more properties for sale in Winchester
See More
See More Similar Properties
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .