- For Sale $5,777,000
- Property Type Retail - Restaurant
- Property Size 11,178 SF
- Units 3
- Lot Size 0.6 Acre
- Additional Rent Contact for pricing
- Year Built 1930
- Year Renovated 2023
- Date Updated Oct 28, 2024
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Highlights
- Prime Investment Opportunity: Exceptional income-producing property located in downtown Leesburg, featuring a diversified portfolio of revenue-generating assets.
- Anchor Tenant: MacDowells Beach Bar, a popular local destination, serves as the anchor tenant, contributing significantly to the total Net Operating Income (NOI) of $428,279.
- Strong Income Streams: Additional revenue from a leased Escape Room and an on-site AirBnB property, providing stable and diversified income.
- Attractive Seller Financing: Seller offering exclusive financing with $2M down payment and a $3.777M balance at 8.97% interest, structured as interest-only payments over a 3-year minimum term.
- Recent Renovations: Updated indoor spaces to enhance winter revenue, maintaining a tropical theme for year-round appeal.
- Strategic Location: Situated at the corner of Harrison St SE and South St SE in downtown Leesburg, ensuring high visibility and foot traffic.
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Contacts
Location
Getting Around
-
Walk Score ®
87/100 Very Walkable -
Bike Score ®
64/100 Bikeable
- City Leesburg, VA
- Neighborhood Downtown Leesburg
- Zip Code 20175
- Market Washington DC Suburban Maryland
Points of Interest
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Ashburn
8.37 miles
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Loudoun Gateway
9.95 miles
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Liberty
0.09 miles
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JOCK'S EXXON
0.32 miles
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Jock's Exxon
0.32 miles
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Citgo
0.33 miles
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BP
0.39 miles
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7-Eleven
0.47 miles
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Shell
0.73 miles
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Sunoco
0.77 miles
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Tesla Destination
0.98 miles
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Exxon
1.24 miles
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Loudoun County Government Center Parking Garage
0.10 miles
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Church Street Lot
0.12 miles
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Loudoun Times-Mirror Parking
0.15 miles
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Town Hall Garage
0.25 miles
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Liberty Street Lot
0.29 miles
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Pennington Parking Garage
0.34 miles
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Pennington Parking Lot
0.35 miles
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Church Parking
0.50 miles
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Event Parking
2.37 miles
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Leesburg Park & Ride
2.95 miles
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Fireworks Pizza
0.03 miles
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Los Tios
0.03 miles
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Tuscarora Mill
0.04 miles
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La Chocita Grill
0.08 miles
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Thai Pan Restaurant
0.08 miles
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La Villa Roma
0.14 miles
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Puccio's New York Deli
0.14 miles
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Senor Ramon Taqueria
0.17 miles
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Señor Ramon Taqueria
0.18 miles
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Windy City Red Hots
0.19 miles
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Safeway
0.42 miles
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Giant
0.52 miles
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Tienda Latina
0.81 miles
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Saks Fifth Avenue
1.34 miles
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Barneys New York Outlet
1.37 miles
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Kohl's
1.40 miles
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Target
1.46 miles
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Ross
1.46 miles
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Big Lots
1.52 miles
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Marshalls
1.92 miles
Frequently Asked Questions
How much does Downtown Leesburg Investment Property cost?
The space currently listed for sale at Downtown Leesburg Investment Property asks for $5,777,000.
What is the total square footage of Downtown Leesburg Investment Property?
Downtown Leesburg Investment Property totals 11,178 square feet.
When was this property built?
Downtown Leesburg Investment Property was built in 1930.
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Contact Listing Broker
Joe Serafin
Serafin Real Estate