UPDATE! Interior freshly painted, exterior painting in progress and flooring finishes should be completed by end of year.
PRICE REDUCED! Introducing a unique Commercial property located in the heart of the historic Leesburg Business District. This upgraded office building offers a unique blend of historic charm and modern convenience.
The Commercial space on the first floor boasts a spacious layout with five well-appointed rooms, including a welcoming reception area. The recent upgrades include the roof, air conditioning, electrical, plumbing, and flooring ensure a comfortable and functional workspace. Two handicap-accessible bathrooms and an employee kitchen add to the convenience of this commercial space.
The Residential unit upstairs is a two-bedroom apartment. This living space offers a living room, a dining area for sharing meals, a full kitchen equipped with appliances, a bathroom, and a utility room for added convenience. This residential component provides options for living on-site or generating additional rental income.
The Prime location is just a leisurely 2-block walk to Historic Main Street where you'll have easy access to an array of local businesses, restaurants, and amenities.
The property offers parking for up to four cars along with available public street parking. Additionally, a partial basement provides storage space for your commercial needs.
Don't miss this rare opportunity to own a versatile property in Historic Leesburg's thriving Business District. Whether you're looking to establish your business presence, generate rental income, or enjoy the convenience of living and working in the same location, this property has it all. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$440,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $352,000 | $352,000 | $352,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $214 | $214 | $214 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,342 | $2,340 | $2,968 |
Total Monthly Payment | $2,631 | $2,629 | $3,257 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.