53 E Lee St, Warrenton, VA 20186

$700,000

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Sold Price
$700,000
List Price
$710,000
Closing Date
Jan 21, 2026
Days on Market
275
Status
CLOSED
MLS#
VAFQ2013418
Lot Size (Acres)
0.07
Year Built
1919
County
Fauquier
School District
Fauquier County Public Schools

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.

Additional Information

School District
Fauquier County Public Schools
Heating
Central
Cooling
Multi Units
Water
Public
Sewer
Public Sewer

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Listing courtesy of Cres, Inc.. Contact:

Selling Office: EXP Realty, LLC..