140 20Th StPurcellville, VA 20132

  • Other commercial real estate
  • 3,372 SF
For Sale
$1,150,000 View listing

Property Details for 140 20Th St

Year built
1947
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.25 AC
Property size (Sq ft)
3,372 SF
Zone code
PV:C4
Property type
Other commercial real estate
APN
488-27-9695-000
APU
488279695000

Description

This exceptional Purcellville, VA retail property presents a unique investment opportunity. The offering encompasses a 4,000 square foot, two-story building situated on a sizable 0.63-acre lot, including ample parking. The property currently houses a thriving dry-cleaning business, operating successfully at this location for over 83 years, offering a strong existing income stream. The sale price includes both the building and the established business, although the business may be sold separately. The property's strategic location within Purcellville's town limits is a significant advantage, offering high visibility and accessibility. Adding to its versatility, the property includes two additional lots: a 0.25-acre parcel zoned C-4, allowing for a wide range of commercial uses, and a 0.38-acre parcel zoned R-3, suitable for the development of duplex residential units. The building itself features two upstairs rooms with a shower, providing potential for additional office space or storage. This combination of established business, prime location, and flexible zoning makes this a rare and compelling investment prospect in the rapidly growing Loudoun County market. Owner financing may be available, subject to applicable finance fees.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $918,635
    Hospitality
    $841,464
    Educational
    $700,088
    Medical
    $724,166
    Retail
    $1,089,026
140 20Th St, Purcellville, Virginia

Location Insight

City
Purcellville
County
Loudoun
State
Virginia
Latitude
39.1359
Longitude
-77.7137
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,514
$274,400
$118,260
$392,660
-
$274,400
$118,260
$392,660

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