209 Old Waterford Rd Nw, Leesburg, VA 20176

$1,570,000
List Price
$1,570,000
Days on Market
13
Status
ACTIVE
MLS#
VALO2075404
Lot Size (Acres)
0.24
Year Built
1890
County
Loudoun
School District
Loudoun County Public Schools

Property Description

AMAZING INVESTMENT OPPORTUNITY to own the FULLY LEASED "Double House", the historic stand-alone commercial office building located adjacent to Historic downtown Leesburg and in close proximity to INOVA Cornwall Campus hospital. Rebuilt from its' historic foundation in 1980 while maintaining unique architectural details, the building sits on 10,454 sq ft and has its own private parking lot in the rear, with 16 paved parking spaces. The current interior of the building was built as two units, the downstairs with 1,800 sq ft, and the upstairs with 1,400 sq ft, for a total of 3,200 sq ft of usable space. The main level was originally rebuilt as a legal suite with a large main office featuring hardwoods and a fireplace with mantle, and now houses five separate offices and a large conference room, with vaulted ceilings in the primary office and conference room. Also featuring an eat-in kitchen and two half-baths, this level is in a long term lease with The Commonwealth of Virginia. The upper level can be accessed via separate entrance or stairway connecting to the lower level, providing additional leasing flexibility. The upper space was developed as a medical suite, complete with a waiting room/sitting room, administrative office space, nursing work area, examining rooms, one half-bath and one full-bath with shower, and is currently leased by a health practice. Recent interior improvements and updates include new HVAC, new carpet and paint on the entire main floor, updated half-baths on the first floor, and more. Recent exterior improvements and updates include new professional landscaping, new paint on exterior Hardy Plank in the last 5 years, and new roof shingles in the last 10 years. The building provides a very convenient location as well as a comfortable and personal setting for a myriad of services. See DOCUMENTS SECTION for details on current zoning/usage. NOTE: This property was originally zoned residential; check with the locality for potential rezoning opportunities.

Additional Information

Taxes
$12994
School District
Loudoun County Public Schools
Heating
90% Forced Air
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Listing courtesy of Presidential Realty Group. Contact: (571) 331-5791