Price Reduction
823 S King Street Leesburg, VA
$ 309,000
Property Attributes
  • MLS#VALO409114
  • TypeCommercial
  • CountyLOUDOUN
  • CityLeesburg
  • Zip20175
  • StyleMedical,/General Retail,,Professional
  • Year Built1982
  • Taxes2832
  • Price$ 309,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1056
Listing Provided Courtesy Of:
Serafin Real Estate
Property Description

Serafin Real Estate is pleased to present this investment medical office condominium located at South Gate Office Park in Leesburg, VA. South Gate Dental has 2.5 years remaining on initial 5-year lease term, with 5-year renewal option. The condominium includes custom built solid cherry cabinetry and desks, high-end granite front desk counter tops, lead lined walls near X-ray machines, track lighting, recently painted interior, partial ceramic tile flooring, bathroom cherry sink pedestal with granite countertop, and regularly serviced HVAC. Original property owner. PROPERTY HIGHLIGHTS 3+ Years Remaining on Initial Lease Term 5 Year Renewal Option Gross Income: $24,000, NOI: $18,019, 5.81% CAP Rate.

Price History
4/29/2020 Listed $319,900
1/12/2021 4% - $309,000

General Features

Accessibility Level Entry - Main
Business Type Medical, Other/General Retail, Other, Professional
Construction Materials Brick
Cool Fuel Electric
Cooling Central A/C
Heating Central
Legal Subdivision SOUTH GATE CONDO
New Construction No
Ownership Fee Simple
Possession Negotiable
Price Per Sq Ft 292.61
Property SubType Services
Property Type Commercial Sale
Real Estate Owned Y/N No
Roof Shingle
Sewer Public Sewer
Tax Annual Amount 2832.0
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning 06

Interior Features

Central Air Y/N Yes
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 1056.00
Car Parking Spaces 15
Lot Size Acres 0.00
Lot Size Source Assessor
Lot Size Square Feet 0.00
Navigable Water Y/N No
Total Parking Spaces 15
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 20175

AVG $870K
AVG $8,083
AVG 202
Year Built
AVG 1962
AVG 60
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.