1 N Braddock St 0.09 Acres of Commercial Land Offered at $549,900 in Winchester, VA 22601

Make Offer! Excellent Development Opportunity! Downtown Winchester, VA! APPROVED (!), Mixed Use site plan for multi-story building consisting of 1st floor commercial space (1,340 SF) with 6x spacious luxury condos/apartments with rooftop patio above! Legacy development opportunity! One North is located in the second historical district and Enterprise Zone. It qualifies for a $100K state grant along with special financing, tax rebates and other incentives to build. Buyer to verify all incentives. One block from walking mall. Asking $549,900, price includes land, approved planning and zoning site plan with a building design, and floor layout by Design Concepts. In addition to the approved site plan, additional uses may be a car wash, oil change facilities, and other potential uses under section 168K of the IRC. Buyer to verify additional uses with the City and tax deduction incentives, specifically the 100% bonus depreciation advantages via their CPA for qualifying new construction placed in service after 01-19-2025. Make Offer!