# 48 W BOSCAWEN, Winchester, VA 22601 > **TL;DR:** other, $1,724,000, built 1927. > A/C. Est. $9,220/mo. Listed 117 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,724,000 | | Year Built | 1927 | | Lot Size | 143,355,960 sqft (3291.00 acres) | | Property Type | Other (Other) | | Status | Active | | Days on Market | 117 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $8,717 | | Estimated Insurance | $503 | | **Total** | **$9,220** | ## Key Amenities - A/C ## Property Highlights - Built in 1927 - 3291.00 acre lot - 500 parking spaces ## Description ### Agent Description Beautifully restored and fully modernized mixed-use building in the heart of historic Winchester. This exceptional offering includes a fully leased commercial building with three strong-credit tenants, a valuable adjacent parking lot approved for future mixed-use development, and a third floor ready for residential conversion. Located just one block from the historic Old Town Winchester Walking Mall, this legacy investment property offers more than 9,300 square feet of space with the first and second floors completely renovated and occupied. The third floor presents an outstanding value-add opportunity for apartment development, with potential eligibility for Historic Tax Credits. The property is also located within an Enterprise Zone, providing access to additional grant and incentive programs. The sale includes the adjacent parking lot (Tax ID 173-01-E-1), which is approved for multifamily development or can continue to serve as a highly desirable dedicated parking facility for tenants and customers. Current net operating income exceeds $80,000 annually, providing immediate cash flow with significant upside potential. Recent capital improvements include a metal roof, new HVAC systems, and modern tenant build-outs throughout the building. This unique asset offers a diversified income stream with retail and office tenants in place, while creating future opportunities for residential development on both the third floor and the adjacent parking lot. Ideal for a 1031 exchange buyer or investor seeking stable income, long-term appreciation, and redevelopment potential in one of the Shenandoah Valley's most desirable downtown locations. Conveniently located one block from the Braddock Street Parking Garage. Rarely does an opportunity of this caliber become available in Downtown Winchester. Contact the listing agent to schedule a private showing. ## Location - **Address:** 48 W BOSCAWEN, Winchester, VA 22601 - **County:** WINCHESTER CITY - **Neighborhood:** WINCHESTER - **Coordinates:** 39.18457, -78.16692 - **Google Maps:** https://www.google.com/maps?q=39.18457,-78.16692 ## Listing Agent - **Name:** Gillian Joy Greenfield · **License:** 0225064152 - **Brokerage:** Coldwell Banker Premier - **Broker Phone:** (800) 296-2624 ## Photos ![48 W BOSCAWEN - Photo 1](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f1712064060r.jpg) ![48 W BOSCAWEN - Photo 2](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f2021829751r.jpg) ![48 W BOSCAWEN - Photo 3](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f16093189r.jpg) ![48 W BOSCAWEN - Photo 4](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f3005777900r.jpg) ![48 W BOSCAWEN - Photo 5](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f948675827r.jpg) ![48 W BOSCAWEN - Photo 6](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f3786982017r.jpg) ![48 W BOSCAWEN - Photo 7](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f13307480r.jpg) ![48 W BOSCAWEN - Photo 8](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f1780785099r.jpg) ![48 W BOSCAWEN - Photo 9](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f423956795r.jpg) ![48 W BOSCAWEN - Photo 10](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f2265689947r.jpg) ![48 W BOSCAWEN - Photo 11](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f393606175r.jpg) ![48 W BOSCAWEN - Photo 12](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f3040613828r.jpg) ![48 W BOSCAWEN - Photo 13](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f897072307r.jpg) ![48 W BOSCAWEN - Photo 14](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f2427393139r.jpg) ![48 W BOSCAWEN - Photo 15](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f1665476840r.jpg) ![48 W BOSCAWEN - Photo 16](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f822925410r.jpg) ![48 W BOSCAWEN - Photo 17](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f3782298696r.jpg) ![48 W BOSCAWEN - Photo 18](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f3559262598r.jpg) ![48 W BOSCAWEN - Photo 19](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f807089379r.jpg) ![48 W BOSCAWEN - Photo 20](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f1528083598r.jpg) ![48 W BOSCAWEN - Photo 21](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f270264111r.jpg) ![48 W BOSCAWEN - Photo 22](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f2453519072r.jpg) ![48 W BOSCAWEN - Photo 23](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f2244834737r.jpg) ![48 W BOSCAWEN - Photo 24](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f66221044r.jpg) ![48 W BOSCAWEN - Photo 25](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f593418638r.jpg) ![48 W BOSCAWEN - Photo 26](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f700322099r.jpg) ![48 W BOSCAWEN - Photo 27](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f3699473633r.jpg) ![48 W BOSCAWEN - Photo 28](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f3241967919r.jpg) ![48 W BOSCAWEN - Photo 29](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f39825278r.jpg) ![48 W BOSCAWEN - Photo 30](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f3444883941r.jpg) ![48 W BOSCAWEN - Photo 31](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f3728189415r.jpg) ![48 W BOSCAWEN - Photo 32](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f3207350895r.jpg) ![48 W BOSCAWEN - Photo 33](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f2260622799r.jpg) ![48 W BOSCAWEN - Photo 34](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f772221923r.jpg) ![48 W BOSCAWEN - Photo 35](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f1106132765r.jpg) ![48 W BOSCAWEN - Photo 36](http://lh.rdcpix.com/4abddaea5f5ec38794980d37612f62b9l-f2293358302r.jpg) --- **MLS#:** VAWI2011088 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/48-w-boscawen-winchester-va-22601-3219e0a6060e49989a412b36af30d9d4) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/48-w-boscawen-winchester-va-22601-3219e0a6060e49989a412b36af30d9d4#listing", "url": "https://staging.propertysimple.ai/listing/48-w-boscawen-winchester-va-22601-3219e0a6060e49989a412b36af30d9d4", "name": "48 W BOSCAWEN, Winchester, VA 22601", "description": "Beautifully restored and fully modernized mixed-use building in the heart of historic Winchester. 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