Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the agent for more information about this property

316 E Market St 12,000 sq ft Vacant Office Property Leesburg, VA 20176 £2,692,908 (£224.41/sq ft) 5.50% Net Initial Yield

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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 Occupier
Sale Condition
Option to Purchase with Lease
Property Type
Office
Property Size
12,000 sq ft
Costar Property Class
C
Year Built
1986
Price
£2,692,908
Price per sq ft
£224.41
Yield
5.50%
NOI
£148,110
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
6,000 sq ft
Plot ratio
0.28
Total Plot Size
1.00 ac
Use Class
B-1 - Established Corridor Commercial District Located in Leesburg's Crescent district
Parking
30 Spaces (2.5 Spaces per 1,000 sq ft Leased)

AMENITIES

  • Storage Space
  • Wooden Floors
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste A
  • 6,000 sq ft
  • Retail
  • Partial Fit-Out
  • 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.

Space Size Space Use Condition Available
1st Fl-Ste A 6,000 sq ft Retail Partial Fit-Out Now

1st Fl-Ste A

Size
6,000 sq ft
Space Use
Retail
Condition
Partial Fit-Out
Available
Now

1st Fl-Ste A

Size 6,000 sq ft
Space Use Retail
Condition Partial Fit-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.

Walk Score®
Easily Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
231-20-2098-002
Land Assessment
£179,466
Improvements Assessment
£255,739
Total Assessment
£435,205
  • Listing ID: 34921780

  • Date on Market: 24/02/2025

  • Last Updated:

  • Address: 316 E Market St, Leesburg, VA 20176

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}