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    209 Old Waterford Rd Leesburg, VA 20176

    For Sale
    $1,400,000

    Historic building, fully leased, prime location

    Property size:
    3,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This fully leased, 3,200 square foot mixed-use commercial building presents a unique investment opportunity in Leesburg, Virginia. Situated on a 0.24-acre lot with 16 paved parking spaces, this property boasts a prime location just 40 miles from Washington, D.C., adjacent to historic downtown Leesburg, and near Inova Cornwall Campus hospital. Originally built in 1980, preserving its historic charm, the building features two distinct units. The ground floor, currently leased by the Commonwealth of Virginia, comprises 1,800 square feet and includes five offices, a large conference room with vaulted ceilings, a fireplace, hardwood floors, an eat-in kitchen, and two half-baths. The upper level, a 1,400 square foot medical suite, offers a separate entrance, waiting room, administrative space, examining rooms, one full bath with shower, and one half-bath. Recent improvements include a new HVAC system, fresh carpeting and paint on the main floor, updated half-baths, new landscaping, exterior repainting (within the last 5 years), and a new roof (within the last 10 years). The property's convenient location and comfortable setting make it ideal for a variety of businesses. Zoning information is available in the provided documents. Please note the property was originally zoned residential

    Property Features for 209 Old Waterford Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,200 SF
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1890
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Loudoun Holistic Health ... Doctor Mt. Zion Community ... Cemetery Dr. David W. ... Family Practice Physician Dr. Anne M. ... Family Practice Physician Synergy Massage Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.5664
    Latitude
    39.11864

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    FAQs

    What type of property is this?
    Mixed-use property - Historic building, fully leased, prime location
    Where is this mixed-use property located?
    The property is located at 209 Old Waterford Rd Leesburg, VA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (571) 331-5791
    Request Owner's contact information
    209 Old Waterford Rd Leesburg, VA 20176
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    Leesburg, VA 20176
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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
    209 Old Waterford Rd Leesburg, VA 20176
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