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51 E Lee StreetWarrenton, VA 20186Price: $1,200,000

  • Price: $1,200,000
  • 4 Days on Market
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Federal 30-year interest rate: 6.76% last updated on Sep 10, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 0.11Acreage
  • 1919Year Built
  • 194Price Per Square Foot
  • 2026Assessment Year
Rare opportunity to acquire a fully-leased, income-producing investment property with two established tenants on longer-term leases. This 6,200± SF building is structured as a condominium, sharing only a single party wall - giving an owner the privacy and standalone feel of a freestanding building with a lighter exterior maintenance burden. Both units are separately metered. Ground Floor - 4,600± SF Salon & Spa The main level pairs historic character with a full-service buildout: original wide-plank hardwood floors, exposed brick, and generous natural light. The space includes multiple wash/styling stations, four private massage/spa treatment rooms, a dedicated nail studio, a private main office, break room, in-unit washer and dryer, three restrooms, and two rear entrances for staff and service access. Second Floor - Professional Office Suite A private second-floor office with its own first-floor entrance and street-facing signage. Inside: three private offices, a large conference room, kitchenette, restroom, and two separate points of entry - well suited to a professional firm that values a discreet, dedicated setting.
Listed by Albert William Chipman III of Cres,Inc.

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

More Info

Location Information

  • UsmAreaWarrenton

Parking

  • Parking TypesParking Lot

Basic Information

  • Date Listed09/11/2026

Location

  • Address51 E Lee Street
  • Building Number51
  • CountyFauquier
  • DirectionsFrom US-29, take the Broadview Avenue / Business 29 exit toward Warrenton town center Follow Broadview Avenue southeast (it becomes Main Street in Old Town) Turn onto E. Lee Street 51 E. Lee is between S. 2nd and S. 3rd Streets; parking lot is off S. 2nd/3rd
  • In City Limits YNYes
  • StateVA
  • TownWarrenton
  • Zip20186

Exterior

  • RoofMetal

Amenities

  • Accessibility Amenities32"+ wide Doors

Other

  • Cap Rate7
  • Ground Rent Payment FrequencyAnnually
  • View Count1

Basic Information

  • Broker NameCres, Inc.
  • List Price$1,200,000
  • MLS NumberVAFQ2023962
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot194
  • StatusACT

Property

  • Acreage0.11
  • Business TypeHair Salon and Spa
  • Common Area Maintenance1750
  • Lot Size SourceEstimated
  • Lot Size Square Feet4,792
  • New Construction YNN
  • Property ConditionGood
  • Property SubTypeMixed Use
  • ZoningCBD
  • Zoning DescriptionCentral Business District to promote retail and mixed use development

Tax Information

  • Assessment Year2026
  • Tax Assessment Amount$583,900
  • Tax Year2026
  • Taxes$6,084
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceEstimated
  • Building Area Total6200
  • Construction MaterialsMasonry
  • Total Garage And Parking Spaces10
  • Total Restrooms4
  • Year Built1919
  • Year Built Effective2005

Interior

  • Clear Span Ceiling Height12' to 15'

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat System90% Forced Air
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • Water Heater60+ Gallon Tank
  • Water SourcePublic

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated September 14, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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