Property summary
This exceptional 1,921 square foot retail property, located at 120 N 21st Street in the heart of historic Purcellville, Virginia, presents a unique investment opportunity. Situated on a 0.1-acre lot, this charming storefront boasts an enviable location, just steps from popular attractions including Catoctin Creek Distillery, the historic Train Station, and the W&O Trail, ensuring high foot traffic and excellent visibility. The property features original tin ceilings, adding to its unique character and appeal. A significant advantage is the inclusion of a spacious walk-in cooler, ideal for various retail businesses. Large display windows maximize natural light and provide excellent opportunities for showcasing merchandise. Convenient rear parking is available for both owners and deliveries, addressing a common concern in downtown locations. The flexible floor plan allows for easy division into two separate units, each with access to shared facilities, providing potential for multiple income streams or expansion opportunities. Note that the existing wholesale inventory of rugs is sold separately. This property offers a blend of historic charm and modern convenience, making it an ideal location for a variety of retail ventures. The asking price is $750,000.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store Carpet & Flooring Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
PV:C4 · Purcellville, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PV:C4 in Purcellville, VA.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning