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Property profile & analytics
OFF-MARKET
Retail space

202 Harrison SE St Leesburg, VA 20175-3701

2,376 SF 0.06 ac lot Built 1930
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US87-3446643
Property summary
AI-generated overview

This exceptional investment opportunity encompasses a thriving, established restaurant and bar, complemented by a successful Airbnb and leased escape room, all situated on a 0.6-acre lot in desirable Leesburg, VA. The property, located at 202 Harrison St SE, features three buildings totaling 11,178 square feet, all on a single story. Recently renovated in 2023, the main restaurant and bar boast a unique tropical theme, maximizing appeal year-round. The indoor area's recent renovations ensure optimal winter revenue. The outdoor patio, with its distinctive boat-turned-bar and tropical landscaping, creates a popular gathering spot. The property's diverse income streams include the core restaurant and bar operations, a consistently booked Airbnb, and a leased space housing a well-regarded escape room. The sale includes all furniture, fixtures, and equipment (FF&E) and four parcels of real estate. The property was built in 1930 and is zoned LB:B1. This turnkey operation offers a rare chance to acquire a well-established business with significant growth potential in a prime location. The property's history of success, combined with its diverse revenue streams and recent renovations, makes it an attractive investment for discerning buyers. The sale includes the business, all FF&E, and four parcels of real estate. Prior authorization is required for any property visits or contact with the business.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction FRAME
Total area 2,376 SF
Lot 0.06 ac (2,614 SF)
Zoning code LB:B1
APN 231-28-9488-000
UPID US87-3446643
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MacDowell's Beach Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gordon K Macdowell · 7 yrs held
Gordon K Macdowell
since 2019
4 recorded transactions
2019
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LB:B1 · Leesburg, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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