Purcellville Industrial Flex Investment

210 N 21st St, Purcellville, VA 20132

Property Information

  • For Sale $6,999,000
  • Property Type Industrial - Flex - Industrial
  • Property Size 27,685 SF
  • Units 9
  • Lot Size 3.52 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1950
  • Date Updated May 19, 2026
  • Fire Sprinklers Other
  • HVAC None

Description

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.

Highlights

  • 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.
  • 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.
  • 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.
  • 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.
  • 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.
  • 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.

Contacts

Grant Wetmore

Serafin Real Estate

Location

Contact Listing Broker
Grant Wetmore

Serafin Real Estate

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