508 Market StLeesburg, VA 20176

This exceptional investment opportunity presents a 11,968 square foot mixed-use office building located at 508 E Market St in Leesburg, Virginia, zip code 20176. The property, built in 1978, is currently 50% occupied, offering 4,131 square feet of immediately available net rentable space. Priced at $4,200,000, this translates to $350.94 per square foot. The building boasts a Class B designation and is situated on a substantial 23,485 square foot lot. Its strategic location in the DC VA Burbs submarket of Leesburg makes it highly attractive for investors seeking exposure to a dynamic and growing area. The property is zoned LB:CDD, allowing for a variety of office uses. The building's existing structure provides a solid foundation for potential modernization and customization, catering to the needs of both owner-users and investors looking to expand their portfolios. This is a high-profile location on Market Street, offering significant potential for future growth and profitability. The property's multi-tenancy structure provides flexibility and income diversification. This is an ideal opportunity to acquire a well-positioned asset in a thriving market.