Log In/Sign Up
Your email has been sent.
316 E Market St 12,000 SF Vacant Office Building Leesburg, VA 20176 $3,600,000 ($300/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Just 2/10 mile from Loudoun Courthouse and one block from the County Building
- Perfect for retail, warehouse, office or flex use.
- Easy access to Leesburg’s restaurants and shops
- Private parking, reception areas, private offices, conference rooms, open work areas, showroom, warehouse and storage space.
- High visibility with Route 7 signage
EXECUTIVE SUMMARY
Exceptional opportunity to own a 12,000 s/f brick/cinderblock finished commercial building in the heart of Leesburg! Located just 2/10 mile from Loudoun Courthouse and one block from the County Building, this versatile property is zoned B1 and ideal for office, retail, church, warehouse or flex use. The building features 4 HVAC systems, an air scrubber filtration system, private parking, and private offices. It includes 5 bathrooms, reception areas, conference rooms, many private offices, open workspaces, storage rooms, open work areas, large warehouse area and showroom, loading area and utility rooms with sink. In excellent condition and ready for immediate use, the space offers flexibility to be used as-is or built to suit. Located in the heart of Leesburg and walking distances to vibrant restaurants and shops, making this a prime location for any business.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Building Size
12,000 SF
Building Class
C
Year Built
1986
Price
$3,600,000
Price Per SF
$300
Cap Rate
5.50%
NOI
$198,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,000 SF
Building FAR
0.28
Lot Size
1.00 AC
Zoning
B-1 - Established Corridor Commercial District Located in Leesburg's Crescent district
Parking
30 Spaces (2.5 Spaces per 1,000 SF Leased)
AMENITIES
- Storage Space
- Hardwood Floors
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
6,000 square feet of Retail, Office, Warehouse or Flex space with high ceilings, loading door, large showroom, office, 3,000 s/f of warehouse space, two bathrooms, great lighting, new flooring & paint and more. Located on the edge of Leesburg's historic district with high visibility route 7 signage. Use as-is or build to suite.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste A | 6,000 SF | Retail | Partial Build-Out | Now |
1st Fl-Ste A
| Size |
| 6,000 SF |
| Space Use |
| Retail |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste A
| Size | 6,000 SF |
| Space Use | Retail |
| Condition | Partial Build-Out |
| Available | Now |
6,000 square feet of Retail, Office, Warehouse or Flex space with high ceilings, loading door, large showroom, office, 3,000 s/f of warehouse space, two bathrooms, great lighting, new flooring & paint and more. Located on the edge of Leesburg's historic district with high visibility route 7 signage. Use as-is or build to suite.
1 1
Walk Score®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 231-20-2098-002 | Improvements Assessment | $342,000 |
| Land Assessment | $240,000 | Total Assessment | $582,000 |
PROPERTY TAXES
Parcel Number
231-20-2098-002
Land Assessment
$240,000
Improvements Assessment
$342,000
Total Assessment
$582,000
1 of 47
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
316 E Market St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.