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Renovated Mixed-Use Building
For Sale
$1,400,000

19 Wirt Street Southwest, Leesburg, VA 20175

Renovated mixed-use building with office and retail space in Leesburg.

Property Size2,336 SF
Price / SF$599.32
Days on Market54

Property Features for 19 Wirt Street Southwest

General Information

Standard status Active
Size 2,336 SF
Property subtype Retail
Zoning B2
Occupancy 100%

Additional Details

Office Units 8

Building Details

Building Size 2,336 SF
Year Built 1780
Year Renovated 2025
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Vaaler Commercial Real Estate
Listed By: Nancy Wyatt
Source: Vaaler
Added: Aug 14 Changed: Oct 4 Last Checked: Oct 5 at 5:22PM

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 Vaaler Commercial Real Estate

Investment Insights

Based on property information with market context.

This 2,336-square-foot mixed-use building contains nine units arranged for both office and retail occupancy. The layout includes three second-floor offices, five first-floor offices, and one retail unit. Originally built in 1780, the property received renovations in 2025, combining historic construction with updated improvements.

Located at 19 Wirt Street Southwest in Leesburg, Virginia, the property is zoned B2 and reported at 100% occupancy. Its combination of office suites and a retail component supports a diversified commercial configuration within the Leesburg area.

Key Highlights

  • 2,336 SF mixed‑use building with 9 units
  • Unit mix includes 3 second‑floor offices, 5 first‑floor offices, and 1 retail unit
  • Built in 1780 and renovated in 2025

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,220
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,400 $884.4K
Cap Rate 7%
$631,714 $631.7K
Cap Rate 9%
$491,333 $491.3K
Market Conditions
NOI Build-Up for 2,336 SF
Gross rent
$69.0K $29.52/SF
− Vacancy
−$10.0K −$4.28/SF
EGI
$59.0K $25.24/SF
− OpEx
−$14.7K −$6.31/SF
NOI
$44.2K $18.93/SF
Area
Loudoun County, VA
Vacancy
14.50%
Lease Rate
$29.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,400
Cap Rate 7%
$631,714
Cap Rate 9%
$491,333

Alternative Uses

Best Use
Office B
$631.7K
$552.8K – $737.0K (±1% cap)
NOI $44,220 @ 7.0% cap · market cap 3.16%
Second Best
Retail
$568.5K
$497.4K – $663.2K (±1% cap)
NOI $39,794 @ 7.0% cap · market cap 2.84%
Theoretical Best
Specialty Retail
$732.1K
$640.6K – $854.1K (±1% cap)
NOI $51,246 @ 7.0% cap · market cap 3.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Landey Patton - State ... Insurance Agency Enlighten Nutrition, Counseling ... Medical Clinic Wildwood Psychotherapy Crisis Center Sparkle Strands Fairy ... Cosmetic Store Shake & Bops Botanical ... Cafe & Coffee Shop

Suggested Use

Top Pick Butcher Storage Facility (Bike/Boat/Book/etc) Store Fish Market Mobile Phone Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,602
Businesses Nearby

Demographics for 20175, VA

33,245
Population
12,695
Households
2.6
Avg Household Size
38
Median Age
64%
College-Educated
94%
High-School Grad
59.0 sq mi
ZIP Area
563
Density / Sq Mi
$168,035
Median Household Income
$80,588
Median Earnings
$2,039
Median Rent
$717,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated mixed-use building with office and retail space in Leesburg.
Where is this mixed-use property located?
The property is located at 19 Wirt Street Southwest Leesburg, VA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 2,336 SF mixed‑use building with 9 units; Unit mix includes 3 second‑floor offices, 5 first‑floor offices, and 1 retail unit; Built in 1780 and renovated in 2025
More about this property
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