HIGHLIGHTS The property is the premier location in Old Town Warrenton with frontage on 3 major streets: Main Street, Second Street and Horner Street. Historic 3 story building containing almost 30,000 gross square feet. Subject Property All brick structure with the main floor being a high end banking branch with the second and third floor being nicely finished corporate offices. Located at "Main & Main" and is the current location of BB&T with this branch closing on July 28, 2018. The property has 1.25+ acres of land area with an abundance of off-street parking and almost 30,000 square feet of building area. Zoning: CBD (Central Business District) Sales Price: $3,500,000
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FLOOR PLAN Bro adv iew H Lee Ave wy Eas ter n iew Ave Broadv DOWNTOWN WARRENTON Waterloo Shopping Center Shirley Ave 20,000 VPD st Fro e Av FAUQUIER HOSPITAL By pa ss Meetze Rd
HIGHLIGHTS Conveniently located only 35 minutes from Dulles International Airport and within an hour's drive from world class cultural centers, restaurants and fashionable retail areas of Washington, D.C. and its suburbs, the Town of Warrenton offers a business location and quality of life of unsurpassed beauty and opportunity in the heart of Virginia's famed horse country. A favorite Warrenton landmark is a statue of Chief Justice John Marshall which was erected in 1959 during Fauquier County's Bicentennial Celebration. The statue is located on Main Street to the left of the Old Courthouse. A Fauquier County native, Justice Marshall began his law practice in Warrenton. After the Civil War, Warrenton came to be known throughout the nation for its galaxy of brilliant lawyers who practiced at its bar and as a mecca for horse lovers. In 1883 the Warrenton Hunt was established and in 1900 the Warrenton Horse Show, which has achieved national fame as the "Hunter Show of America," began. In 1922 the first Virginia Gold Cup Race was run. Other hunts, such as the Casanova and Old Dominion, are located within a few miles of the town. The quaintness, tradition and charm of bygone eras are apparent along Old Town Warrenton streets lined with historic houses and brick sidewalks. Townsfolk gather on the steps of the post office or at a coffee shop to pass the time of day, perhaps pausing to listen as the old courthouse clock strikes the hour. Old Town Warrenton was recently named one of the Prettiest Painted Places in America by the Paint Quality Institute. $2,200,000
1 MILES 3 MILES 5 MILES 2018 Summary 1 mile 3 miles 5 miles Population 7,526 17,071 25,542 Households 2,904 6,300 9,285 Families 1,899 4,334 6,679 Average Household Size 2.53 2.66 2.71 Owner Occupied Housing Units 1,847 4,424 6,967 Renter Occupied Housing Units 1,057 1,876 2,319 Median Age 39.3 40.8 42.6 Median Household Income $89,541 $101,421 $105,035 Average Household Income $112,289 $121,244 $127,311 2023 Summary Population 7,808 17,611 26,409 Households 3,014 6,503 9,610 Families 1,958 4,446 6,876 Average Household Size 2.53 2.66 2.71 Owner Occupied Housing Units 1,952 4,628 7,286 Renter Occupied Housing Units 1,062 1,876 2,325 Median Age 40.0 41.5 43.4 Median Household Income $105,328 $112,070 $115,145 Average Household Income $133,423 $141,668 $147,687 Eastern Bypass
ABOUT CRES COMPANY OVERVIEW CRES Inc. focuses on the leasing and sales of commercial properties of Fauquier County and the surrounding Northern Virginia counties. We offer a fully integrated platform that is designed to hekp owners and tenants achieve their real estate goals. CRES Inc. provides property owners with outstanding representation through agressive, proactive marketing using the latest marketing and brokerage techniques that are necessary to navigate today s challenging real estate environment. These techniques combine outstanding customer service with the use of high quality signage, professionally created brochures, dynamic internet marketing, consistent cold and warm calling efforts, diligent follow through and results oriented activities. CRES Inc. was founded by Bill Chipman and Steve Athey in 1999 and has been one of the Faquier County s most successful commerical real estate brokers over the past 15 years. During his career, Bill has specialized in the leasing, sale and development of commercial properites in the Northern Virginia area. Recognizing that many woners of commercial properties were not satisified with their representation and that many brokers were nto satisified with the support, training and culture of their current firms. Bill and Steve created CRES Inc. wuth the intention of addressing the needs of both owners and brokers. Associates of CRES Inc. has taken part in a wide asortment of sales and leasing transactions in the Washington D.C. area over the past twenty years with an accumulated participation in the sale of over $300 million worth of commercial real estate. In addition to CRES Inc. s full service commercial brokerage division, the company also has a thriving appraisal and consulting practice and has performed valuation and advisory services to major finanical institutions as well as private equity groups in the Washington D.C. area. To date, these assignments have an asset value of over $3 billion dollars. LEADERSHIP QUALIFICATION & EXPERIENCE Bill Chipman, Owner Owner Bill Chipman founded CRES Inc. in 1999, providing a full service real estate company that specializes in the sale, leasing and appraisal of commerical real estate properties in the Washington D.C. metro area. With and extensive background in appraisals and consulting. Mr. Chipman has participated in the sale of over $300 million in commerical real estate transactions and over $3 billion of asset valuation over the course of his career. In addition to his commitment to excellence in the realm of real estate, Mr. Chipman stays involved with the community through volunteer worj. He has served on the board of three different philanthropic organizations and the Towen of Warrenton Board of Zoning Appeals. He presently serves the Fauquier County Board of Zoning Appeals and the Boys and Girls Club of Fauquier. A local native to D.C. metro area, Mr. Chipman moved to Warrenton in 1993, where he currently lives with his wife, Karen and two children, Kristine and Jac.