Mixed-Use Corner Hotel
101 & 109 N 21ST St Purcellville, VA 20132
101 & 109 N 21ST St, Purcellville, VA, 20132
$2,095,000
For Sale
$2,095,000
Corner property with approved plans for multiple hotel rooms and street-level storefronts, plus eligibility for historic tax credits.
Days on Market117
Property Features for 101 & 109 N 21ST St
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1908
Listing agency
SAMSON PROPERTIES
(540) 532-0045
Listed by
William Edmond Schoeb III
(540) 532-0045
Source
Elliman
Added: Mar 27 Updated: Jul 20 at 7:19PM Checked: Jul 21 at 6:35AM
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
Investment Insights
Based on property information with market context.
An iconic downtown corner property known as The White Palace, positioned for approved mixed-use redevelopment. The interior is already fully gutted, and a Certificate of Design Approval is secured. The approved architectural plans call for hotel rooms on the second and third floors, along with two commercial storefronts at street level. The basement is identified as having build-out potential to expand usable space. The project also includes eligibility for up to 45% in combined state and federal historic tax credits.
The property sits at 101 & 109 N 21st St in historic downtown Purcellville and is directly across from a public parking lot, supporting guest, patron, and tenant access. It is designated as part of Virginia’s Main Street Program. Additionally, the public remarks note that 21st Street is under consideration for a pedestrian-friendly streetscape as part of the town’s economic development strategy.
The asset is presented with site work initiated and major entitlement hurdles cleared, with plans and approvals in place for a ready-to-execute redevelopment foundation.
The property sits at 101 & 109 N 21st St in historic downtown Purcellville and is directly across from a public parking lot, supporting guest, patron, and tenant access. It is designated as part of Virginia’s Main Street Program. Additionally, the public remarks note that 21st Street is under consideration for a pedestrian-friendly streetscape as part of the town’s economic development strategy.
The asset is presented with site work initiated and major entitlement hurdles cleared, with plans and approvals in place for a ready-to-execute redevelopment foundation.
Key Highlights
- 1908 flagship corner property in historic downtown Purcellville, known as “The White Palace”
- Interior fully gutted with a Certificate of Design Approval and eligible for up to 45% combined state and federal historic tax credits
- Approved mixed‑use redevelopment plans include 7 hotel rooms (4 on the 2nd floor, 3 on the 3rd) plus two street‑level commercial storefronts
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Hotel - Corner property with approved plans for multiple hotel rooms and street-level storefronts, plus eligibility for historic tax credits.
Where is this hotel located?
The property is located at 101 & 109 N 21ST St 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: 1908 flagship corner property in historic downtown Purcellville, known as “The White Palace”; Interior fully gutted with a Certificate of Design Approval and eligible for up to 45% combined state and federal historic tax credits; Approved mixed‑use redevelopment plans include 7 hotel rooms (4 on the 2nd floor, 3 on the 3rd) plus two street‑level commercial storefronts
