Investor Alert – High-Yield Opportunity in Purcellville, VA – 10-Acre, 12 Bedroom Property with Commercial Zoning Unlock the potential of this over 7,000 sq ft estate situated on a 10-acre private lot in desirable Purcellville, Virginia. With commercial zoning and a flexible floor plan featuring 12 bedrooms, 6 full bathrooms, and three separate living areas with kitchenettes, this property is primed for immediate rental income or a long-term investment play. Key Investment Features: Commercially zoned for short-term rentals, group homes, assisted living, retreat center, or business use Multiple self-contained living spaces with kitchen or kitchenette areas Formerly rented by the seller as an income-generating property Fully handicap accessible – ideal for aging-in-place or accessible housing models Separate laundry facilities on all 3 levels streamline tenant use Configuration: Main Level: 4 bedrooms, 2 full baths, large kitchen, walk-in pantry, dining area w/fireplace, sunroom, office Upper Level: 5 bedrooms, 2 full baths, kitchenette Lower Level/Basement: 3 bedrooms, 2 full baths, kitchenette, private entrance potential Infrastructure & Lot: Whole-house generator – reliable for continuous operations Roof replaced in 2020, water heater 2023, HVAC 2013 3 acres fenced – perfect for animals or outdoor use areas Fruit trees, landscaping, and playground enhance appeal for tenants or retreat guests Location Perks: Walkable to local elementary and high schools – ideal for family tenants or staff housing Situated in Virginia wine country with growing demand for short-term lodging, retreats, and event spaces Whether you're looking to buy and hold, launch a group housing facility, or develop a retreat or wellness center, this property offers the scale, zoning, and infrastructure to start earning from day one. Reach out now – opportunities like this are rare in Loudoun County!
Seller financing and lease options available. Zoned AR1. Wheatland Farm is a premier equestrian property sited on approximately 43 acres of beautiful landscapes in Loudoun County. The farm has been distinguished by the United States Equestrian Federation as a Center of Excellence, one of only nine in the United States. As home to the U.S. Para Dressage Team’s Selection Trials for the 2018 World Equestrian Games, the equestrian facilities of this property are truly world-class. The facilities include a state-of-the-art custom-built indoor arena (80'x150’) featuring Atwood Equestrian Surfaces footing with two enclosed viewing areas, an outdoor arena (240’x130’) also with Atwood footing and a cross-country field. " Ride- Out" at home on the enclosed board fenced perimeter trail with galloping lane that runs parallel to the 9-acre lake. A deluxe main barn (attached to the indoor arena by a short, covered way) features 18 custom designed European low-rise stalls with auto waterers, fans, rubber pavers, two heated tack rooms, a feed room, two restrooms and laundry room. An additional barn features 8 European stalls with yoke fronts auto waterers, tack and feed rooms, a manager's office and a lounge with kitchenette. Wheatland Farm’s expansive history predates the American founding, has hosted historical figures such as George Washington and played a vital role in the birth of Western Loudoun’s economy in the 1700s. In the present time, the property has numerous buildings including: a magnificent six-bedroom Manor House, dating to 1741; four-bedroom Guest House (circa1800); Guest Cottage with full kitchen and one bed and bath; Daniel Boone Cottage (or “Boat House”), built circa 1796 and later moved to the property, and prominently perched on the lake; Milking Parlor (currently used to host coffees; circa 1800); Great Barn (circa 1800, finished on two levels with 8 stalls); Carriage House, serving as an executive office, a heated salt-water pool, a nine acre stocked lake with island and additional pond, paved driveways and a parking area. This thoughtfully designed property provides ramps and accessibility features for individuals with disabilities including those with wheelchairs. Bedrooms and bathrooms noted in listing do not include bedrooms and bathrooms in two additional residences or bathrooms in Carriage House, Barns, Coffee House (Milking Parlor) or Boat House (Daniel Boone Cabin). Buyer registration is required prior to a showing appointment.
Flagship Corner Property with Tax Credit Incentives & Approved Mixed-Use Redevelopment Plans-Downtown Purcellville An exceptional investment opportunity awaits in the heart of historic downtown Purcellville. Known locally as The White Palace, this iconic corner property is primed for transformation. With the interior already fully gutted, a Certificate of Design Approval secured, and eligibility for up to 45% in combined state and federal historic tax credits, this project offers a rare combination of vision, value, and velocity. Whether you're a boutique hotel developer, a restaurateur looking for dual concepts, or an investor seeking long-term value in one of Loudoun County's most affluent communities, The Palace is your platform for a standout commercial asset. Property Highlights: Flexible mixed-use zoning ideal for a boutique hotel, dual restaurant concepts, event space, or creative commercial uses Approved architectural plans include 4 hotel rooms on the second floor and 3 on the third, with two commercial storefronts at street level Basement build-out potential to expand usable square footage and income streams Directly across from a public parking lot, offering easy access for guests, patrons, and tenants High-visibility corner lot in a walkable district poised for continued revitalization Located on 21st Street, which is under consideration for a pedestrian-friendly streetscape as part of the town's economic development strategy Designated as part of Virginia's Main Street Program, enhancing eligibility for additional incentives and support Strategic Growth Location Situated in Loudoun County-one of the wealthiest regions in the U.S. with a median household income exceeding $150,000-Purcellville is home to nearly 10,000 residents and continues to attract high-income professionals and families seeking charm and convenience. The upcoming Rt. 690/Rt. 7 interchange will dramatically enhance east-west and north-south connectivity, channeling increased traffic into Purcellville's commercial core-directly benefiting The Palace's position and exposure. Why Invest in The Palace Potential for up to 45% in historic tax credits to offset renovation costs Ready-to-execute development with plans and approvals in place Strong future income potential through hotel stays, restaurant tenants, and commercial leases Premium corner lot with public parking and high foot traffic Located in a revitalizing district with long-term growth upside Access to a high-income, pro-business market in Loudoun County With site work initiated and major entitlement hurdles cleared, this is your opportunity to establish a legacy property in one of Northern Virginia's most desirable small towns.
*** New Price!*** Significantly below County Assessed Value!*** Excellent location on Hatcher Avenue in old town Purcellville's business district. Offered at below the county assessed value, this property is currently set up as a VRBO 3 bedroom property. It is zoned commercial and suitable for all types of office businesses: Professional. legal, salon or spa, general retail shop or use as a bed and breakfast / VRBO for Purcellville visitors. The property is right adjacent to the W&OD trail and close to the Purcellville post office, as well as the old town Purcellville restaurants and shops. This property is sold “As Is”.
Located in the heart of Purcellville, 121 N Hatcher Avenue offers many opportunities to both investors and/ or business owners. Zoned in the C-4 commercial central district, there are a wide variety of permitted uses from commercial, financial, professional, governmental, recreation, entertainment, and cultural activities. With endless possibilities awaiting, this charming, well maintained all-brick building sits on a generously sized lot of over 1/3 of an acre. The property includes ample off-street parking and a roomy storage building, affording even more potential for customization and end use.
Wheatland Farm is a premier equestrian property sited on approximately 43 acres of beautiful landscapes in Loudoun County. The farm has been distinguished by the United States Equestrian Federation as a Center of Excellence, one of only nine in the United States. As home to the U.S. Para Dressage Team’s Selection Trials for the 2018 World Equestrian Games, the equestrian facilities of this property are truly world-class. The facilities include a state-of-the-art custom-built indoor arena (80'x150’) featuring Atwood Equestrian Surfaces footing with two enclosed viewing areas, an outdoor arena (240’x130’) also with Atwood footing and a cross-country field. " Ride- Out" at home on the enclosed board fenced perimeter trail with galloping lane that runs parallel to the 9-acre lake. A deluxe main barn (attached to the indoor arena by a short, covered way) features 18 custom designed European low-rise stalls with auto waterers, fans, rubber pavers, two heated tack rooms, a feed room, two restrooms and laundry room. An additional barn features 8 European stalls with yoke fronts auto waterers, tack and feed rooms, a manager's office and a lounge with kitchenette. Wheatland Farm’s expansive history predates the American founding, has hosted historical figures such as George Washington and played a vital role in the birth of Western Loudoun’s economy in the 1700s. In the present time, the property has numerous buildings including: a magnificent six-bedroom Manor House, dating to 1741; four-bedroom Guest House (circa1800); Guest Cottage with full kitchen and one bed and bath; Daniel Boone Cottage (or “Boat House”), built circa 1796 and later moved to the property, and prominently perched on the lake; Milking Parlor (currently used to host coffees; circa 1800); Great Barn (circa 1800, finished on two levels with 8 stalls); Carriage House, serving as an executive office, a heated salt-water pool, a nine acre stocked lake with island and additional pond, paved driveways and a parking area. This thoughtfully designed property provides ramps and accessibility features for individuals with disabilities including those with wheelchairs. Bedrooms and bathrooms noted in listing do not include bedrooms and bathrooms in two additional residences or bathrooms in Carriage House, Barns, Coffee House (Milking Parlor) or Boat House (Daniel Boone Cabin). Buyer registration is required prior to a showing appointment.
CURRENTLY ONE OFFICE SPACE IS AVAILABLE. LOWER LEVEL #B6 . Office Building Located In The Heart Of Downtown Purcellville. Within Walking Distance To Town Offices, Shops And Restaurants. Perfect Place To Showcase Your Business! Each Floor (Set Of 3 Offices) Has Its Own Bathroom. Offices Are Approximately 13'x12' On 3 Levels (Basement, 1st Floor, And 2nd Floor). Common Area Flooring Recently Updated With LVP. Newly Paved Private Parking Lot. Rent Includes Electric, Water, Sewer And Property Maintenance. Tenant Responsible For Phone And Internet. Call For Available Offices.
Prime Location in Historic Purcellville! This charming storefront is situated in the vibrant heart of downtown, just steps away from popular local destinations like Catoctin Creek Distillery, the historic Train Station, and the W&O Trail. Featuring original tin ceilings, a spacious walk-in cooler, and large display windows, this space offers excellent visibility and convenience. Rear parking is available for owners and deliveries. The space can be easily divided into two units with shared facilities. The wholesale inventory of rugs sold separately to the Purchaser.
Purcellville is located in Virginia. Purcellville, Virginia has a population of 8,910. Purcellville is less family-centric than the surrounding county with 48.59% of the households containing married families with children. The county average for households married with children is 50.75%.
The median household income in Purcellville, Virginia is $140,536. The median household income for the surrounding county is $156,821 compared to the national median of $69,021. The median age of people living in Purcellville is 35.3 years.
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 42.1 inches per year, with 21.3 inches of snow per year.