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$700,000
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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.
Full Property Details
Full Property Details for 53 E Lee St
General
- Sold For: $700,000
- Taxes: $1,098 (2022)
- Status: Closed
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: VAFQ2013418
- Added to Site: 555 day(s) ago
Business
- Business Type: Hair Salon and Spa, Other/General Retail, Profession
Rooms
Bathrooms
- Restrooms: 3
Parking
- Parking Type: On Street, Parking Lot
Location
- County: FAUQUIER
- Driving Directions: To 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 US-15 BUS N/Orange Rd. Follow US-15 BUS N for approximately 1.5 miles until you reach the downtown area, where you'll turn right onto E Lee St. Your destination, 53 E Lee St, will be on the right.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Multi Units
- Cooling Fuel: Electric
- Heating Type: Central
- Heating Fuel: Natural Gas
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Building Size: 4800
- Year Built: 1919
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Size Source: Estimated
- Lot Dimensions: 82 x 37
- Zoning: CB
Financial Considerations
- Price Per Sq. Ft.: $147.92
- Assessment Year: 2022
- City/TownTax: $47
- City/TownTax Freq: Annually
- County Tax: $882
- County Tax Freq: Annually
- Tax w/Assessment: $116,400
- Tax Amount: $1,098
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
Listed by Cres, Inc., Albert William Chipman III
Sold by EXP Realty, LLC., John D Fischer III
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Schools
Schools serving 53 E Lee St
School District:Fauquier County Public Schools
| Name | Grades | Distance |
|---|---|---|
James G. Brumfield Elementary School 550 Alwington Boulevard, Warrenton, VA 20186 | PK-5 | 0.8 mi |
W.C. Taylor Middle School 350 East Shirley Avenue, Warrenton, VA 20186 | 6-8 | 0.7 mi |
Fauquier High School 705 Waterloo Road, Warrenton, VA 20186 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 53 E Lee St
Date
Details
Price
Change
Source
1/21/2026
Sold
$700,000
-1.41%
MLS
8/01/2024
Listed
$710,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
53 E Lee Street, Warrenton, VA 20186 (MLS# VAFQ2013418) is a Commercial Service property that was sold at $700,000 on January 21, 2026. Want to learn more about 53 E Lee Street? Do you have questions about finding other Commercial Service real estate for sale in Warrenton? You can browse all Warrenton real estate or contact a Coldwell Banker agent to request more information.

