23 W Washington St
$575,000
1 ba
23 W Washington St
Lexington, VA 24450
69 days on market
Property Type
Commercial/Industry
Year Built
1950
Lot Size
Garage

About This Property

Ideally positioned in one of historic Lexington's most sought-after commercial blocks, this significantly renovated downtown building offers a rare opportunity for a multitude of uses just steps from Washington and Lee University and Virginia Military Institute. Comprised of two well-designed levels, the property features numerous high-quality upgrades - including two new HVAC systems, a new commercial grade fire suppression system, and a new roof - providing low ongoing maintenance and immediate usability. A versatile layout, commercial zoning, and coveted off-street parking support both single and multi-tenant use including a fully outfitted residential setup on the second level with hardwood floors and a full kitchen and bath. This turnkey opportunity with strong income-producing potential provides an exceptional platform for a variety of pursuits in a premier location within easy walking distance of Lexington's historic sites, galleries, shops, and restaurants.

Property Details

Interior

Bathrooms
1

Exterior & Lot

Year Built
1950

Location

County
Rockbridge
ZIP Code
24450

Financial

Utilities

Sewer
Public Sewer

Schools

Heating

Heat Pump

Cooling

Heat Pump

Location

Listing Information

MLS #
139744
Listing Agent
Will Moore
Listing Office
James Wm. Moore Real Estate Co.
Listed Date
Jul 8, 2026
Megan Eberle
Megan Eberle
REALTOR®, Sales Associate

Contact Megan Eberle About This Property

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