$1,150,000
UNDER CONTRACT $50K PRICE INCREASE

140 S 20th St Purcellville, VA 20132

Estimated payment $6,784/month

Total Views 79,810
0.63 Acre
$1,825,397 Price per Acre
27,443 Sq Ft Lot

Highlights

  • 0.63 Acre Lot
  • No HOA
  • Downtown Location
  • Emerick Elementary School Rated A
  • Additional Land

About This Lot

Prime Commercial Property with Established Dry-Cleaning Business

This rare 0.63-acre property within the Town of Purcellville offers a two-story building, ample parking, and an established dry-cleaning business—all included in the sale price!

Property Highlights:

Two Lots:
0.25 acres (C-4 zoning) – Allows for a variety of commercial uses.
0.38 acres (currently R-3 zoning, proposed C-4 ) – Currently suitable for duplex residential development. Town zoning change to C-4 under consideration.
Building Features:
Two-story structure with two upstairs rooms and a shower room, ideal for office or storage use.
Plenty of on-site parking.

Business Opportunity:

Dry-cleaning business has been a Purcellville staple for over 83 years in growing Loudoun County.
Option to purchase the property and business together or buy the business separately.
Prime C-4 zoning allows for additional commercial ventures or investment opportunities.

This is a rare investment opportunity in a high-demand location in Purcellville’s historic, recreation and event district!

This reasonable Sale Price includes two-story Bldg. and Two lots , Plenty Parking Spaces, and Dry-Cleaning Business! Adjacent 0 .25 ac is C-4 zoning that allows many commercial uses and 0.38 ac is to be C-4 soon. TWO LOTS, total 0.63 acres. Hard to find within Purcellville Town limit. Additionally, two rooms with a shower room upstairs can be used as offices or extra storage spaces. Prefer to sell Dry-Cleaning Plant and Property together but can sell dry-cleaning business only. Keep the business and Utilize C-4 ZONE for many other commercial businesses or investments! Dry cleaning business has been at the same location for more than 83 years in town of growing LOUDOUN County. ** CALL LISTING BROKER FOR MORE INFORMATION. Possible owner financing. (Finance fees apply.) Accept back-up contracts from serious prospective buyers.

Listing Agent

Deuk Yeon

Rainbow Realty and Investment Inc. License #0225054347

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,381

Year Built

  • 1947

Lot Details

  • 0.63 Acre Lot
  • Downtown Location
  • Additional Land
  • Bldg and Land
  • Property is zoned C4 AND R3

Schools

  • Loudoun Valley High School

Utilities

  • Three-Phase Power
  • 120/240V
  • 60 Amp Service
  • Propane
  • Phone Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 488279695000

Property Details

Property Type

Land

Est. Annual Taxes

$4,381

Year Built

1947

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Dry Cleaner
  • Inclusions: two lots
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Remarks Public: Prime Commercial Property with Established Dry-Cleaning Business This rare 0.63-acre property within the Town of Purcellville offers a two-story building, ample parking, and an established dry-cleaning business—all included in the sale price! Property Highlights: Two Lots: 0.25 acres (C-4 zoning) – Allows for a variety of commercial uses. 0.38 acres (currently R-3 zoning, proposed C-4 ) – Currently suitable for duplex residential development. Town zoning change to C-4 under consideration. Building Features: Two-story structure with two upstairs rooms and a shower room, ideal for office or storage use. Plenty of on-site parking. Business Opportunity: Dry-cleaning business has been a Purcellville staple for over 83 years in growing Loudoun County. Option to purchase the property and business together or buy the business separately. Prime C-4 zoning allows for additional commercial ventures or investment opportunities. This is a rare investment opportunity in a high-demand location in Purcellville’s historic, recreation and event district! This reasonable Sale Price includes two-story Bldg. and Two lots , Plenty Parking Spaces, and Dry-Cleaning Business! Adjacent 0 .25 ac is C-4 zoning that allows many commercial uses and 0.38 ac is to be C-4 soon. TWO LOTS, total 0.63 acres. Hard to find within Purcellville Town limit. Additionally, two rooms with a shower room upstairs can be used as offices or extra storage spaces. Prefer to sell Dry-Cleaning Plant and Property together but can sell dry-cleaning business only. Keep the business and Utilize C-4 ZONE for many other commercial businesses or investments! Dry cleaning business has been at the same location for more than 83 years in town of growing LOUDOUN County. ** CALL LISTING BROKER FOR MORE INFORMATION. Possible owner financing. (Finance fees apply.) Accept back-up contracts from serious prospective buyers.
  • Special Features: UnderContract
  • Year Built: 1947

Interior Features

  • Price Per Sq Ft: 41.91
  • Street Number Modifier: 140

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: 120/240V, 3 Phases, 60 Amp Service
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Phone, Phone Connected, Propane, Sewer Available, Water Available
  • Water Source: Public
  • Internet Services: Cable

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: LOUDOUN COUNTY PUBLIC SCHOOLS
  • High School: LOUDOUN VALLEY
  • High School Source: Listing Agent
  • School District Key: 121139189813
  • School District Source: Listing Agent
  • High School: LOUDOUN VALLEY

Lot Info

  • Horses: No
  • Additional Parcels: Yes
  • Additional Parcels Description: Bldg and Land
  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 0.63
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 27442.80
  • Year Assessed: 2023
  • Zoning: C4 AND R3
  • Farmland Preservation: No
  • In City Limits: Yes

Rental Info

  • Lease Considered: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4381.00
  • Assessor Parcel Number: 488279695000
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: LOUDOUN COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,514 $392,660 $274,400 $118,260
2023 $3,454 $394,740 $274,400 $120,340
2022 $2,805 $315,150 $213,200 $101,950
2021 $2,999 $306,020 $213,200 $92,820
2020 $3,143 $303,650 $213,200 $90,450
2019 $3,193 $305,540 $213,200 $92,340
2018 $3,419 $315,130 $213,200 $101,930
2017 $3,545 $315,130 $213,200 $101,930
2016 $3,608 $315,130 $0 $0
2015 $3,524 $97,310 $0 $97,310
2014 $3,597 $98,230 $0 $98,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 For Sale $1,150,000 0.0% --
01/02/2025 01/02/25 Off Market $1,150,000 -- --
09/10/2024 09/10/24 Price Changed $1,150,000 +4.5% --
01/04/2023 01/04/23 For Sale $1,100,000 0.0% --
12/31/2022 12/31/22 Off Market $1,100,000 -- --
01/25/2022 01/25/22 For Sale $1,100,000 -- --
Source: Bright MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $680,000 Commercial
Closed $680,000 Credit Line Revolving
Closed $240,000 Credit Line Revolving
Source: Public Records

Source: Bright MLS

MLS Number: VALO2017242

Bright MLS

APN: 488-27-9695