821-g S King St, LEESBURG, 20175

REDUCED 6% Commercial Sale - Condo, Office For Sale


MLS® #: VALO398942
Active, 141 Days on Market

PRICED BELOW ASSESSED VALUE! Home to an OBGYN practice for nearly 25 year and conveniently located at the intersection of Route 7 and Route 15 with visibility on S King St, this ground-level, end-unit is ADA accessible and has its own handicapped parking space. The space features 5 exam rooms with sinks, a large lab/sanitation area in the middle of the space, and ample storage for files and medical supplies. Comprised of 2 units, one entrance welcomes patients into a bright and spacious waiting area while the other provides access to an equally spacious and windowed private office complete with its own bathroom and shower. Patients have access to the property~s 3 other bathrooms. The property~s current condition and valuable infrastructure will save the new owner hundreds of thousands in build out costs. At $220/SF the total cost of ownership is over 30% lower than the cost of leasing comparable space in Leesburg. Condo fees are $1,040.00/quarter ($2.06/SF) and cover common area maintenance and reasonable reserves. Real estate taxes are $5,451.34/year ($2.70/SF). Also available for lease at $23.00/SF net of utilities & cleaning.

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Price & Status History

Date Details
Price Reduced from $469,900 to $443,500

Essential Information

MLS® #: VALO398942
Price: $443,500
Condo Coop Fee: $0
Bathrooms: 0.00
Square Footage: 2,016
Acres: 0.00
Year Built: 1984
Type: Commercial Sale
Sub-Type: Condo, Office
Status: Active
Taxes: $5,451
Tax Year: 2019

Community Information

Address: 821-g S King St
State: VA
Zip Code: 20175


Heating: Central
Cooling: Central A/C

School Information


Additional Information

Listing Office: Century 21 New Millennium
Date Listed: November 18th, 2019
Days on Market: 141
Zoning: 06


$/SqFt: $220

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Listing information last updated on April 6th, 2020 at 11:45pm EDT.