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    120 21St St Purcellville, VA 20132

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    120 21St St Purcellville, VA 20132


    • Retail space
    • 1,921 SF
    • 0.10 lot acres
    Downtown Purcellville Retail Gem For Sale
    $750,000
    1,921 SF

    Downtown Purcellville Retail Gem

    Charming storefront, prime location, high visibility.

    120 21St St, Purcellville, VA 20132
    View Listing
    Property ID
    US87-3536972
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    6.1%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Artaville Rugs and Upholstery / (Bike/Boat/Book/etc) Store / Carpet & Flooring Store

    Property Details for 120 21St St

    Year built
    1930
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.10 lot acres
    Property size
    1,921 SF
    Zone code
    PV:C4
    Property type
    Retail space
    APN
    488-37-5745-000
    APU
    488375745000

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $535,000
      ML approach
      $510,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $545,000
      6.5%
      $505,000
      7%
      $470,000
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $760,000
      Current use
      WAREHOUSE, STORAGE
      $645,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Purcellville
    County
    Loudoun
    State
    Virginia
    Longitude
    -77.715
    Latitude
    39.1372
    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
    $3,616
    $165,500
    $238,470
    $403,970
    -
    $165,500
    $238,470
    $403,970
    View Listing
    More about this property
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