Contacts
Joe Serafin
Serafin Real Estate
Property Details
- 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 Nov 18, 2024
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Highlights
- 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.
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Leesburg, VA
- Neighborhood Downtown Leesburg
- Zip Code 20175
- Market Washington DC Suburban Maryland
Points of Interest
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Ashburn
8.37 miles
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Loudoun Gateway
9.95 miles
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Liberty
0.09 miles
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Jock's Exxon
0.32 miles
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Gas N Go
0.33 miles
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Exxon
0.39 miles
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7-Eleven
0.47 miles
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Shell
0.73 miles
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Sunoco
0.77 miles
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Tesla Destination
0.98 miles
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Sheetz
1.24 miles
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eVgo
1.31 miles
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Loudoun County Government Center Parking Garage
0.10 miles
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Church Street Lot
0.12 miles
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Loudoun Times-Mirror Parking
0.15 miles
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Town Hall Garage
0.25 miles
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Liberty Street Lot
0.29 miles
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Pennington Parking Garage
0.34 miles
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Pennington Parking Lot
0.35 miles
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Church Parking
0.50 miles
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Event Parking
2.37 miles
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Leesburg Park & Ride
2.95 miles
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Fireworks Pizza
0.03 miles
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Los Tios
0.03 miles
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Tuscarora Mill
0.04 miles
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La Chocita Grill
0.08 miles
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Thai Pan Restaurant
0.08 miles
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La Villa Roma
0.14 miles
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Puccio's New York Deli
0.14 miles
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Senor Ramon Taqueria
0.17 miles
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Señor Ramon Taqueria
0.18 miles
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Delirium Café
0.19 miles
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Brick & Mortar Mercantile
0.18 miles
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Safeway
0.42 miles
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Giant
0.52 miles
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Food Lion
0.62 miles
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USA Market
0.81 miles
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Saks Fifth Avenue
1.34 miles
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Barneys New York Outlet
1.37 miles
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Kohl's
1.40 miles
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Target
1.46 miles
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Ross
1.46 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Joe Serafin
Serafin Real Estate