Medical Office Suite with Exam
204 E FEDERAL Street Middleburg, VA 20117
204 E FEDERAL Street, Middleburg, VA, 20117
$700,000
For Sale
$700,000
Commercial Sale - MIDDLEBURG, VA
Property Size1,500 SF
Price / SF$466.67
Days on Market20
Property Features for 204 E FEDERAL Street
General Information
- Property type
- Other
- Property subtype
- Office
- Parking
- 3
- Parking features
- Parking Lot
- Standard status
- Active
Taxes and HOA fees
- Tax Annual Amount
- 5448
Utilities
- Heating system
- Heat Pump (Heating), Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1991
- Building materials
- Brick
Listing Agency
Sheridan-MacMahon Ltd.
(540) 687-5588
Middleburg, VA
Listed by
Paul E. MacMahon · License #0225030483
(703) 609-1905
Added: Jun 29 Checked: Jul 18 at 3:06 pm
MLS# VALO2129896
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale medical office property at 204 E Federal Street, Middleburg, offers an efficient, highly functional layout designed for professional and healthcare use. The existing configuration includes four exam rooms, a welcoming reception area, a comfortable waiting room, two private offices, a dedicated file/storage room, and three half baths.
The property is zoned C-1 and includes a paved parking lot for convenient access, along with ramp access to the building. Showing is available by appointment Monday through Friday after 4:00 PM and on weekends.
Floor plan details are available in the documents section, providing additional information on the current room configuration and layout.
The property is zoned C-1 and includes a paved parking lot for convenient access, along with ramp access to the building. Showing is available by appointment Monday through Friday after 4:00 PM and on weekends.
Floor plan details are available in the documents section, providing additional information on the current room configuration and layout.
Key Highlights
- Approximately 1,500 SF commercial space with a functional floor plan and available layout details in the documents section
- Current layout includes four exam rooms, reception area, waiting room, two private offices, three half baths, and a file/storage room
- Zoned C‑1 for professional, office, and commercial applications
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.3k | $29.52 |
| − Vacancy | −$6.4k | −$4.28 |
| EGI | $37.9k | $25.24 |
| − OpEx | −$9.5k | −$6.31 |
| NOI | $28.4k | $18.93 |
1,500 SF · lease $29.52/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$405.6K
$354.9K – $473.3K
NOI $28,395 @ 7.0% cap · market cap 4.06%
Second Best
Healthcare Medical
$399.2K
$349.3K – $465.7K
NOI $27,942 @ 7.0% cap · market cap 3.99%
Theoretical Best
Specialty Retail
$470.1K
$411.3K – $548.4K
NOI $32,906 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar For Sale Nearby
Similar Off Market Nearby
- Middleburg Animal Hospital — 23369 Sam Fred Rd #3221, Middleburg, VA 20117
- Stone Rae DVM — 4 W Marshall St, Middleburg, VA 20117
- Bowman Ronald W — middleburg, va 20117
- Mccormick William H DVM — Middleburg, VA 20117
- Andrea Russell PC — Middleburg, VA 20117
FAQs
What type of property is this?
Medical Office Space - Well-configured medical office space with four exam rooms, reception, waiting area, and paved parking with ramp access.
Where is this medical office space located?
The property is located at 204 E FEDERAL Street Middleburg, VA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Approximately 1,500 SF commercial space with a functional floor plan and available layout details in the documents section; Current layout includes four exam rooms, reception area, waiting room, two private offices, three half baths, and a file/storage room; Zoned C‑1 for professional, office, and commercial applications
