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
Taxes
Visits
Year Built
The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of
property listing data between licensed real estate brokerage firms in which eXp Realty in Delaware participates, and is provided by TREND through a licensing
agreement.
Based on information from Sussex County Association of REALTORS®, Inc., which neither guarantees nor is in any way responsible for its accuracy. All data is provided 'AS IS' and with all faults. Data maintained by Sussex County Association of REALTORS®, Inc. may not reflect all real estate activity in the market.
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