Middleburg Historic District Commercial
6 Pendleton St Middleburg, VA 20117
6 Pendleton St, Middleburg, VA, 20117
$2,250,000
For Sale
$2,250,000
Prime commercial investment opportunity in Middleburg's downtown historic district.
Property Size5,500 SF
Lot Size0.09 Acres
Price / SF$409.09
Days on Market192
Property Features for 6 Pendleton St
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Lot size
- 0.09 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1870
Listing Agency
THOMAS AND TALBOT ESTATE PROPERTIES, INC.
(540) 687-6500
Listed by
CRICKET BEDFORD
Source
Corcoran
Added: Jan 8 Checked: Jul 19 at 6:45 am
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 THOMAS AND TALBOT ESTATE PROPERTIES, INC.
Investment Insights
Based on property information with market context.
This commercial property, situated in the heart of Middleburg’s downtown historic district, offers a prime investment opportunity. The building, with over 5,500 square feet, is located one storefront south of main street, providing excellent visibility and walkability. Constructed of solid brick and featuring a standing-seam metal roof, the two-story layout includes front and rear entrances and staircases, allowing for multiple tenants or flexible use. The property will be delivered vacant, as the current tenant is relocating within town. Interior features include private offices, open work areas, conference rooms, three half baths, a supply/copy room, and a large break room. Two private parking spaces are located in front of the building. Zoned C-2, the property permits professional offices, service businesses, restaurants, retail establishments, and fitness studios. Town water and sewer services are available. The location allows for walking access to restaurants, shops, a grocery store, and the post office.
Key Highlights
- Prime commercial investment opportunity in Middleburg's downtown historic district.
- Delivered vacant, allowing immediate occupancy or tenant placement.
- Flexible two‑story layout with front and rear entrances suitable for multiple tenants or various uses.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $137.3k | $24.96 |
| − Vacancy | −$3.4k | −$0.62 |
| EGI | $133.8k | $24.34 |
| − OpEx | −$40.2k | −$7.30 |
| NOI | $93.7k | $17.04 |
5,500 SF · lease $24.96/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.34M
$1.17M – $1.56M
NOI $93,694 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.72M
$1.51M – $2.01M
NOI $120,656 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
YHB | CPAs & Consultants
Accounting Firm
Similar For Sale Nearby
Similar Off Market Nearby
- Bridget Wilson Flowers — 300 W Washington St 3rd Fl, Middleburg, VA 20117
FAQs
What type of property is this?
Storefront property - Prime commercial investment opportunity in Middleburg's downtown historic district.
Where is this storefront property located?
The property is located at 6 Pendleton St Middleburg, VA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime commercial investment opportunity in Middleburg's downtown historic district.; Delivered vacant, allowing immediate occupancy or tenant placement.; Flexible two‑story layout with front and rear entrances suitable for multiple tenants or various uses.
