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    17 Madison St Middleburg, VA 20117

    For Sale
    $1,550,000

    Prime location, fully rented, high ROI.

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional mixed-use property, located at 17 S Madison Street in the heart of historic Middleburg, Virginia, presents a compelling investment opportunity. The 3,000 square foot building boasts a prominent corner location at the intersection of Madison and Federal Streets, just a block from the town's central stoplight. The property features two thriving commercial storefronts facing Madison Street, perfectly positioned to capitalize on the high foot traffic of this vibrant downtown area. These commercial spaces are currently fully leased. Adding to its appeal, the building also includes four residential rental units, accessible from Federal Street, offering a mix of one and two-bedroom apartments. Three dedicated parking spaces are included, a valuable asset in this walkable town. The building itself is rich in history, reportedly once housing carriage drivers, and retains significant charm with its stone and stucco façade, large display windows, dormered upper windows, and a durable standing seam metal roof. The convenient location allows for easy access to restaurants, grocery stores, the post office, and other amenities. The property is zoned C-2 and is situated within a historic district, details of which are available in the provided documents. Please allow at least 24 hours' notice for showings. This 0.07-acre property offers a unique blend of commercial and residential income streams, making it an ideal investment for discerning buyers.

    Property Features for 17 Madison St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,000 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1953
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Middleburg Books Book Store

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Dental Office Auto Repair Shop Hair Salon Spa & Massage Hotel & Motel Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middleburg
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.73497
    Latitude
    38.96846

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, fully rented, high ROI.
    Where is this mixed-use property located?
    The property is located at 17 Madison St Middleburg, VA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    (540) 687-6500
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    17 Madison St Middleburg, VA 20117
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    Middleburg, VA 20117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17 Madison St Middleburg, VA 20117
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