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Address
101 South Street SE Leesburg, VA
Price
$ 3,225,000
Property Attributes
  • MLS#VALO421424
  • TypeCommercial
  • CountyLOUDOUN
  • CityLeesburg
  • Zip20175
  • StyleProfessional
  • Year Built1984
  • Taxes18085
  • Price$ 3,225,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9000
  • Lot Size0.45 Acres
Listing Provided Courtesy Of:
Serafin Real Estate
Property Description

NNN Investment Opportunity at Great Location in Downtown Leesburg Adjacent to Market Station and the New King Street Condo Development. Tenant Pays Property Insurance, Property Taxes, and Repairs. NOI: $211,084 Cap Rate: 6.55% Rent Increases: 3% Annually Lease Commencement: May 1, 2001 Lease Expiration: April 30, 2026

Price History
9/15/2020 Listed $3,225,000

General Features

Accessibility Level Entry - Main
Business Type Professional
Construction Materials HardiPlank Type
Cool Fuel Electric
Cooling Central A/C
County LOUDOUN
Days on Market 132
Electric Expense 0.00
Heating Central
Legal Subdivision RITENOUR TEE DIVISION
Location Type Business District
New Construction No
Ownership Fee Simple
Parking Features Private
Possession Subject to Existing Lease
Price Per Sq Ft 358.33
Property SubType Office
Property Type Commercial Sale
Property Use Investment
PropertyCondition Very Good
Real Estate Owned Y/N No
Roof Metal
Sewer Public Sewer
Tax Annual Amount 18085.0
Tax Year 2020
Total Units 1
Trash Expense 0.00
Vacation Rental Y/N No
Water Access Y/N No
Zoning 06
Zoning Description General Business (Leesburg)

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas

Exterior Features

Building Area Total 9000.00
Car Parking Spaces 30
Fencing Y/n No
Lot Features Private
Lot Size Acres 0.45
Lot Size Source Assessor
Lot Size Square Feet 19602.00
Navigable Water Y/N No
Total Parking Spaces 30
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 20175

Price
AVG $750K
$3.23M
Taxes
AVG $7,979
$18,085
Visits
AVG 227
90
Year Built
AVG 1975
1984

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