Purcellville Industrial Flex Investment

Highlights:

• Ideal Owner-User Opportunity with Immediate Income Offset: Acquire a 27,685 SF industrial flex facility while benefiting from approximately $382,000 in gross annual income and $339,000 in NOI, significantly reducing the effective cost of ownership.
• Short-Term Leases Provide Near-Term Occupancy Flexibility: Many existing leases have shorter remaining terms, allowing a new owner-user to quickly occupy a substantial portion of the building while collecting cash flow during the transition period.
• Ability to Occupy While Retaining Income-Producing Tenants: Flexible multi-tenant layout allows an owner-user to occupy the space needed for operations while maintaining additional tenants for ongoing revenue and long-term financial stability.
• Rare Opportunity to Own in Supply-Constrained Loudoun Industrial Market: Industrial flex ownership opportunities in Purcellville and Western Loudoun are extremely limited, making this an ideal long-term strategic acquisition for businesses seeking permanent control of their facility.
• Flexible Industrial Flex Configuration Supporting Multiple Uses: Suitable for contractors, service companies, manufacturing, distribution, showroom, or headquarters use, with the ability to scale occupancy over time.
• Optional Expansion Opportunity with Adjacent Property: Ability to acquire the neighboring 105 E Cornwell Street to create a larger owner-user campus environment and support future operational growth.

Description:

210 N 21st Street presents a rare opportunity for an owner-user to acquire a 27,685 square foot industrial flex facility in the heart of downtown Purcellville, Loudoun County, one of the most supply-constrained and desirable industrial submarkets in Northern Virginia. Situated on 3.52 acres and currently 95% occupied, the property offers immediate operational capability while providing flexibility for an owner-user to occupy space now or over time as leases roll. The building’s multi-tenant configuration allows a purchaser to establish their own headquarters, operational facility, or service center while maintaining existing tenancy to support the property’s financial performance. This offering provides long-term operational control in a strategic location where industrial ownership opportunities are extremely limited.

A key advantage of this opportunity is the substantial in-place income, which can significantly offset ownership and occupancy costs. The property currently generates approximately $382,568 in gross annual income and $339,741 in net operating income from a diverse tenant base, providing immediate cash flow while allowing flexibility for future owner occupancy or expansion. This hybrid ownership structure allows a business to transition into the space strategically while benefiting from income stability during the transition period. Over time, an owner-user may choose to retain tenants for passive income, occupy additional space, or reposition portions of the building to suit their operational needs.

The building’s industrial flex design supports a wide range of uses, including contractor operations, service companies, manufacturing, distribution, showroom, office, or headquarters functions. Its central Purcellville location provides convenient access to Route 7 and the broader Loudoun County market, which continues to experience strong population growth, high household incomes, and increasing demand for industrial and flex space. The property’s scale, layout, and location make it ideally suited for businesses seeking to establish a permanent presence in Western Loudoun while maintaining flexibility for long-term growth.

This offering also presents a unique opportunity to create a larger owner-user campus environment through the potential acquisition of the adjacent property at 105 E Cornwell Street, which may be available separately. The pricing outlined herein reflects 210 N 21st Street only. For owner-users seeking to control their real estate, stabilize long-term occupancy costs, and benefit from immediate income, this property represents an exceptional opportunity to secure a high-quality industrial asset in one of Loudoun County’s most tightly held markets.

210 N 21st Street is nestled in the heart of Purcellville, Virginia—a town that combines small-town charm with impressive economic vitality. With a population of approximately 8,911, Purcellville boasts a median household income of $162,981, significantly higher than both the state and national averages . This affluence, coupled with a median age of 35.5 years, indicates a youthful and prosperous community .

Expanding the lens to Loudoun County, the economic prospects become even more compelling. The county has experienced a remarkable 29% population growth since 2010, making it the fastest-growing county in Virginia and ranking 20th nationwide . This surge is complemented by a median household income of $178,707, the highest in the nation .

Loudoun County's robust economy is further bolstered by its status as a global tech hub, housing over 60 massive data centers that handle approximately 70% of the world's web traffic . This technological infrastructure, combined with a highly educated workforce, creates a fertile ground for business innovation and investment.

In summary, 210 N 21st Street offers a strategic location in a town and county characterized by strong economic growth, high household incomes, and a dynamic business environment—making it an attractive opportunity for investors and entrepreneurs alike.

Serafin Real Estate is pleased to present 210 N 21st Street, a unique commercial offering located in the heart of downtown Purcellville, Virginia. This ±0.32-acre property features a well-maintained ±27685 square foot building, ideally positioned within one of Western Loudoun’s most vibrant and walkable communities.

Zoned C-4 Central Commercial, the property is ideally suited for a wide range of retail, office, medical, or service-based uses. With flexible layout options, on-site parking, and prominent frontage along 21st Street, the site presents a rare opportunity for owner-users, investors, or tenants seeking visibility and access within a high-demand corridor.

Just steps from local restaurants, breweries, and the W&OD Trail, and minutes from Route 7, the property offers both charm and connectivity. Whether repositioned as a boutique office, specialty retail, or professional service location, 210 N 21st Street delivers exceptional potential in one of Loudoun County’s most desirable downtown settings.

VALLEY IND PARK LOT 7A 202506020025352 1506--2539, 2388--1177 ESMT

---

Report Listing This listing was syndicated through:

Documents: