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    201-203 Loudoun St Leesburg, VA 20175

    Sponsored
    For Lease
    Contact for pricing

    Historic Downtown Leesburg Office

    Lot size:
    8,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,400 square foot commercial property, located at 201-203 Loudoun Street SW in historic downtown Leesburg, Virginia, offers a unique opportunity. The property consists of two buildings, each with a first and second floor, totaling 8,400 square feet. Both buildings must be leased together. Building 201 comprises 2,418 square feet, with the first floor offering 1,217 square feet at $28 per square foot and the second floor offering 1,201 square feet at $24 per square foot, totaling $5,591 per month. Building 203 offers 2,584 square feet, with the first floor at 1,269 square feet ($28 per square foot) and the second floor at 1,315 square feet ($24 per square foot), totaling $5,260 per month. The combined monthly rent is $10,851. The B1 zoning allows for office or retail use. The property boasts ample free parking at the nearby Liberty Street Parking lot (approximately 500 feet away). Building signage is available. Existing furniture may be included or removed per tenant preference. Rental rates are inclusive of all utilities except janitorial services. This prime location offers easy access to restaurants, coffee shops, and other downtown amenities. This is an ideal space for a business seeking a prominent presence in the heart of Leesburg.

    Property Features for 201-203 Loudoun St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,400 SF

    Unit(s) available at that property

    Space
    Size
    8,400 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Leesburg
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.5676549
    Latitude
    39.1148077

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    FAQs

    What type of property is this?
    Land - Historic Downtown Leesburg Office
    Where is this land located?
    The property is located at 201-203 Loudoun St Leesburg, VA.
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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
    201-203 Loudoun St Leesburg, VA 20175
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