Corner Property with Redevelopment
101 & 109 N 21st St PURCELLVILLE, Purcellville, VA 20132
Flagship corner property in downtown Purcellville with approved mixed-use redevelopment plans.
Type:Commercial
Lot size:
0.06 Acres- Added:
- May 22, 2025
- Days on Market:
- 365
- Last Refresh:
- Apr 5 at 8:56 pm
Property Features for 101 & 109 N 21st St PURCELLVILLE
General Information
- Standard status
- Active
- Lot size
- 0.06 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1908
Listing agent WILLIAM EDMOND SCHOEB III
Listing office SAMSON PROPERTIES (703) 378-8810
Listing date May 22, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SAMSON PROPERTIES
HighLights
- Up to 45% in combined state and federal historic tax credits significantly reduces renovation costs.
- Approved mixed‑use redevelopment plans and Certificate of Design Approval in place for immediate development.
- Prime corner lot location with high visibility, foot traffic, and direct access to public parking.
- Flexible mixed‑use zoning allows for various profitable concepts: boutique hotel, dual restaurants, event space, or commercial uses.
- Located in Loudoun County, a high‑income area, ensuring a strong customer base and business environment.
- Strategic location in a revitalizing downtown district with planned infrastructure improvements promising increased traffic and exposure.
Overview
This corner property, known locally as The White Palace, presents an investment opportunity in historic downtown Purcellville. The interior has been fully gutted, and a Certificate of Design Approval has been secured. The property is eligible for up to 45% in combined state and federal historic tax credits. The flexible mixed-use zoning is suitable for a boutique hotel, dual restaurant concepts, event space, or creative commercial uses. Approved architectural plans include four hotel rooms on the second floor and three on the third, with two commercial storefronts at street level. The basement offers build-out potential to expand usable square footage and income streams. The property is located directly across from a public parking lot. It is a high-visibility corner lot in a walkable district. Located on 21st Street, which is under consideration for a pedestrian-friendly streetscape. It is designated as part of Virginia's Main Street Program. Purcellville is located in Loudoun County, and the upcoming Rt. 690/Rt. 7 interchange will enhance connectivity, channeling increased traffic into Purcellville's commercial core. Site work has been initiated and major entitlement hurdles cleared.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Purcellville
- County
- Loudoun
- State
- Virginia
- Longitude
- -77.7153
- Latitude
- 39.1369
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Flagship corner property in downtown Purcellville with approved mixed-use redevelopment plans.
Where is this hotel located?
The property is located at 101 & 109 N 21st St PURCELLVILLE Purcellville, VA.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: Up to 45% in combined state and federal historic tax credits significantly reduces renovation costs.; Approved mixed‑use redevelopment plans and Certificate of Design Approval in place for immediate development.; Prime corner lot location with high visibility, foot traffic, and direct access to public parking.
