Warrenton, VA 20186 53 E Lee Street

Sold: Jan 21, 2026
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Presented By: Cres, Inc.
  • MLS# VAFQ2013418
  • 08/01/2024
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  • SQFT • 4,800

Home Details

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 spacevacant and ready for occupancyoffers 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.
Presented By: Cres, Inc.

General for 53 E Lee Street

AccessibilityDoors - Swing In
Business TypeHair Salon and Spa, Other/General Retail, Professional, Restaurant/Bar
Buyer FinancingOther
CityWARRENTON
Close Price700000.00
Construction MaterialsBrick
Cool FuelElectric
CoolingMulti Units
CountyFAUQUIER
DirectionsTo get to 53 E Lee St from US-29, head south on US-29 and take the exit toward Culpeper/VA-229 N, merging onto VA-229 N/E James Madison Hwy. Continue on VA-229 N for about 1 mile, then turn right onto U
HeatingCentral
Legal SubdivisionULLMANS AT LEE STREET CONDOS
Lot Size Square Feet3049.20
Lot Size UnitsSquare Feet
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG147.92
Property SubtypeRetail
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusClosed
StatusCLOSED
Tax Annual Amount1098.0
Tax Assessed Value116400.0
Tax Year2022
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1919
Year Built SourceEstimated
ZoningCB

Interior for 53 E Lee Street

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot Water60+ Gallon Tank
Total Restrooms3

Exterior for 53 E Lee Street

Building Area Total4800.00
Car Parking Spaces
Land Assessed Value25000.00
Land Use Code
Lot Dimensions82x37
Lot Size Acres0.07
Lot Size SourceEstimated
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Delores (Dee) Barnes

Realtor®
Price $710,000
MLS#VAFQ2013418
List Date 08/01/2024
Property Type Commercial
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