TWO PARCELS:
PIN #538-28-4301-000 TAX MAP #87-A2-1--15 Ac. .08
PIN #538-18-4499-000 TAX MAP #87-A2-1--15G Ac. .01
Acreage .08 &.01 which includes 4 long parking spaces behind the building and the alley with steps to the right of building.
C2 ZONING in the HISTORIC DISTRICT
Building - 8185 Gross Sq. Ft.
Main Level 2640 Sq. Ft. Upper level 2905 Sq. Ft. Lower level 2640 Sq. Ft.
Permitted uses without additional parking requirements:
Retail, Restaurant and Personal Services
For further Middleburg zoning information visit: www.middleburg.org Town Ordinances, Middleburg Zoning Ordinance – Article XI-Commercial Zoning Districts
INCOME AND EXPENSES
Gross Rental Income $83,400.00
(*Please note all leases are verbal and are month to month.)
Expenses:
Utilities: (Oil, Electric, Water & Sewer) $12,200/yr.
Insurance: $3,000/yr.
Loudoun County Taxes: $8,102.00
Middleburg Town Taxes: $1,124.00
MAIN LEVEL: 2640 Sq. Ft. with large display windows. The entrance is level with the sidewalk thus allowing for handicap access. Currently owner/occupied by the pharmacy with one corner of the first floor leased to a very popular two chair hair salon. There are two powder rooms on this level and large windows on the back wall as well as a back door. There is also a stairway to the lower level from inside this space.
UPPER LEVEL:2905 Sq. Ft. divided into three 1 bedroom/1 bath apts. Fully leased with verbal month to month leases.
LOWER LEVEL: 2640 Sq. Ft. English basement with 3 exterior doors, above ground windows and two powder rooms. Approx. 75% of this level is leased on a verbal basis, to the area’s excellent leather repair workshop. In the remaining 25%, there is an additional room with office potential and the mechanical room.
PHARMACY BUSINESS:
Under a separate agreement, the current owner is interested in selling the Pharmacy Business and Inventory. She is willing to continue, on a limited basis, working in the Pharmacy to help the new owner get established. She is also willing to lease this space back from the new owner for one year. The amount of Good Will that has been generated by the current owner is immeasurable. The people in and around the Town of Middleburg have tremendous respect for the intelligent and compassionate attention she has given to her customers over the past twenty five years, many have been loyal to this neighborhood Pharmacy for over 50 years.
*The owner is selling the business herself under a separate agreement.
HISTORY:
Since its construction in 1934, this has always been The Middleburg Pharmacy. It is rich in history both in the people it has employed as well as those it has served; both lists serve as a Who’s Who to the area. As currently exists and for the majority of time, the building’s owner has also been the Pharmacist.
Prior to remodeling in 1975 this was the nostalgic Drug Store with a Soda fountain. Local residents speak of growing up in Middleburg where some of their favorite memories and first jobs include the Drug Store and Soda Fountain. Tucked beneath the stairs the Pharmacy’s original counter, where prescriptions were filled, is still intact as well as many of the old bottles. A fascinating read is the ledger dating from 1934 with cures written for humans as well as horses.
Being in the heart of town with level access from the sidewalk, this retail space offers many opportunities. In such a quaint and historic town, it would be wonderful to have a retro drug store with soda fountain where people could gather and exchange news and views.
Middleburg caters to independent business owners and has a very active, and very welcoming Business and Professional Association. www.visitmiddleburgva.com
HEATING AND COOLING: The main and lower level have central air conditioning, with the second level having window units. All three floor have hot water radiator heat, in addition the upper level, with the 3 apartments have electric baseboard heat. The oil furnace was recently replaced. There are four hot water heaters which service the building.
PARKING:
The building occupies approx. 75% of the lot with the remaining 25% open and used for parking. There is metered street parking and to the back of this building is a municipal parking lot.
|
