Downtown Leesburg Investment Property
202 Harrison St SE, Leesburg, VA 20175
Key features
- Prime Investment Opportunity: Exceptional income-producing property located in downtown Leesburg, featuring a diversified portfolio of revenue-generating assets.
- Anchor Tenant: MacDowells Beach Bar, a popular local destination, serves as the anchor tenant, contributing significantly to the total Net Operating Income (NOI) of $428,279.
- Strong Income Streams: Additional revenue from a leased Escape Room and an on-site AirBnB property, providing stable and diversified income.
- Attractive Seller Financing: Seller offering exclusive financing with $2M down payment and a $3.777M balance at 8.97% interest, structured as interest-only payments over a 3-year minimum term.
- Recent Renovations: Updated indoor spaces to enhance winter revenue, maintaining a tropical theme for year-round appeal.
- Strategic Location: Situated at the corner of Harrison St SE and South St SE in downtown Leesburg, ensuring high visibility and foot traffic.
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Contacts
Joe Serafin
Serafin Real Estate
Building Details
- For Sale $5,777,000
- Property Type Retail - Restaurant
- Property Size 11,178 SF
- Units 3
- Lot Size 0.6 Acre
- Additional Rent Contact for pricing
- Year Built 1930
- Year Renovated 2023
- Date Updated Sep 19, 2024
Getting Around
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Walk Score ®
Very Walkable (87) -
Bike Score ®
Bikeable (64)
Location
- City Leesburg, VA
- Neighborhood Downtown Leesburg
- Zip Code 20175
- Market Washington DC Suburban Maryland
Points of Interest
Loudoun Gateway
9.95 miles
JOCK'S EXXON
0.32 miles
Jock's Exxon
0.32 miles
Citgo
0.33 miles
BP
0.39 miles
7-Eleven
0.47 miles
Shell
0.73 miles
Sunoco
0.77 miles
Tesla Destination
0.98 miles
Exxon
1.24 miles
Church Street Lot
0.12 miles
Loudoun Times-Mirror Parking
0.15 miles
Town Hall Garage
0.25 miles
Liberty Street Lot
0.29 miles
Pennington Parking Garage
0.34 miles
Pennington Parking Lot
0.35 miles
Church Parking
0.50 miles
Event Parking
2.37 miles
Leesburg Park & Ride
2.95 miles
Giant
0.52 miles
Tienda Latina
0.81 miles
Saks Fifth Avenue
1.34 miles
Barneys New York Outlet
1.37 miles
Kohl's
1.40 miles
Target
1.46 miles
Ross
1.46 miles
Big Lots
1.52 miles
Marshalls
1.92 miles
202 Harrison St SE Listing Summary
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What is the asking price at Downtown Leesburg Investment Property?
Downtown Leesburg Investment Property is currently listed for sale at $5,777,000.
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What is the total size of Downtown Leesburg Investment Property?
Downtown Leesburg Investment Property has a total of 11,178 square feet.
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What is the year built for Downtown Leesburg Investment Property?
The year built for Downtown Leesburg Investment Property is 1930.
Contact Listing Broker
Joe Serafin
Serafin Real Estate