MacDowell's Beach Bar - Business and Real Estate Opportunity

202 Harrison St SE Leesburg, VA 20175

202 Harrison St SE, Leesburg, VA, 20175
202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175 202 Harrison St SE, Leesburg, VA, 20175
FOR SALE
Property Type:
Restaurant
Amount:
$5,777,000
Last Verified:
Sep 17, 2024

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Highlights

  • Located at the Corner of Harrison St SE and South St SE in Downtown Leesburg
  • Well-Known Business Successfully Operating Since 2011
  • Recent renovations to the indoor area aimed at maximizing winter revenue
  • Maintained tropical theme in the indoor settings for a year-round beach vibe
  • Attractive Seller Financing Terms
  • Diverse portfolio of income-generating ventures
  • Includes a separate AirBNB property for a steady guest influx
  • Leased space currently home to a popular escape room
  • Multifaceted revenue stream through various business avenues

Description

We are pleased to present an exceptional investment opportunity for the acquisition of MacDowell's Beach Bar, a prominent income-producing property located in downtown Leesburg. This offering also includes two additional revenue-generating properties: the LoCo Escape Room and an on-site AirBnB, all contributing to a total Net Operating Income (NOI) of $439,332. This unique portfolio sale-leaseback structure provides stable and diversified income streams across multiple business types.

The seller is exclusively offering financing for this deal, providing an attractive path to ownership. With a $2M down payment and seller-financed balance of $3.777M at 8% interest, this transaction offers a favorable interest-only payment structure over a 5-year minimum term. Detailed financial breakdowns are provided in the full offering memorandum.

Please do not contact the Business or visit the property without prior authorization. Any questions and/or property showings must be communicated and coordinated through Serafin Real Estate.

Downtown Leesburg, VA, represents a vibrant fusion of historical charm and contemporary convenience, forming an epicenter of local commerce in Northern Virginia. At the heart of the historic town, it is a bustling district that embodies the spirit of community, craftsmanship, and entrepreneurship, offering a unique retail and commercial environment that entices locals and tourists alike.

A multitude of businesses thrive in Downtown Leesburg, spanning sectors such as retail, hospitality, entertainment, health and wellness, and professional services. Local, independently-owned shops offer everything from antiques, books, and fashionable clothing to artisanal foods and hand-crafted gifts. The district is home to several award-winning wineries and craft breweries, along with a vibrant selection of restaurants that offer everything from farm-to-table American cuisine to global flavors, catering to a diverse range of palates.

Downtown Leesburg is also a regional hub for professional services, housing numerous law firms, real estate agencies, financial advisors, and health care providers. Modern co-working spaces and offices are juxtaposed with historic buildings, creating a unique business atmosphere that combines tradition with innovation.

With its rich history and picturesque streetscapes, Downtown Leesburg further enhances its appeal as a business destination. Historic architecture forms the backdrop for a thriving arts scene, with numerous galleries, theaters, and music venues contributing to a culturally vibrant atmosphere.

Regular events, from farmers markets and art walks to seasonal festivals, further contribute to the district's community-oriented spirit, drawing crowds and fostering business engagement. And, its proximity to Washington D.C., Dulles Airport, and key transportation routes makes it conveniently accessible, further boosting its commercial vitality.

Overall, Downtown Leesburg offers a unique and thriving business environment where history and modernity coexist, making it an attractive location for businesses and customers alike.


Year Built: 1930
Building Size: 11178sq ft
Lot Size: 0.6 acres

Map of 202 Harrison St SE, Leesburg, VA, 20175

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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