209 Old Waterford Rd NW Leesburg, VA 20176
For Sale
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This fully leased, 3,200 square foot mixed-use commercial building presents a unique investment opportunity in Leesburg, Virginia. Situated on a 0.24-acre lot with 16 paved parking spaces, this property boasts a prime location just 40 miles from Washington, D.C., adjacent to historic downtown Leesburg, and near Inova Cornwall Campus hospital. Originally built in 1980, preserving its historic charm, the building features two distinct units. The ground floor, currently leased by the Commonwealth of Virginia, comprises 1,800 square feet and includes five offices, a large conference room with vaulted ceilings, a fireplace, hardwood floors, an eat-in kitchen, and two half-baths. The upper level, a 1,400 square foot medical suite, offers a separate entrance, waiting room, administrative space, examining rooms, one full bath with shower, and one half-bath. Recent improvements include a new HVAC system, fresh carpeting and paint on the main floor, updated half-baths, new landscaping, exterior repainting (within the last 5 years), and a new roof (within the last 10 years). The property's convenient location and comfortable setting make it ideal for a variety of businesses. Zoning information is available in the provided documents. Please note the property was originally zoned residential
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Loudoun Holistic Health Partners Physician
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Mt. Zion Community Cemetery Cemetery
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Dr. David W. Stewart, MD Pediatrician Physician
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Dr. Anne M. Stewart, MD Pediatrician Physician
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Synergy Alternative Medicine Practice Spa & Massage Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LB:MC · Leesburg, VALeesburg. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.