Waverly Park Office Condominiums

For Sale

602 South King Street, Leesburg, VA 20175

This Leesburg property for sale is located at 602 South King Street. The general use of Waverly Park Office Condominiums is office and it incorporates 30,986 square feet of class B office space. Contact the listing broker for details on the current sale price for Waverly Park Office Condominiums. Waverly Park Office Condominiums is situated on a lot that is 1.06 acre in size.

Contacts

Grant Wetmore

Serafin Real Estate

Property Details

  • Property Type Office - Shared Space
  • Property Size 30,986 SF
  • Units 7
  • Lot Size 1.06 Acre
  • Parking Spaces Avail. 80
  • Parking Ratio 5.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1988
  • Date Updated Aug 12, 2026
Loudoun County stands among the most economically dynamic counties in the United States — consistently ranked as one of the wealthiest by median household income and among the fastest-growing by population and commercial investment. Anchored by Dulles International Airport to the southeast and the Blue Ridge foothills to the west, Loudoun has evolved from a rural exurb into a premier destination for corporate headquarters, data centers, professional services, healthcare providers, and a rapidly expanding residential base. The county is home to over 450,000 residents, a highly educated workforce, and one of the strongest retail and office absorption profiles in the Northern Virginia region. Its trajectory — driven by infrastructure investment, top-tier public schools, and proximity to Washington, D.C. — has made Loudoun one of the most compelling commercial real estate markets in the Mid-Atlantic. At the heart of Loudoun County sits Leesburg, the county seat and one of Northern Virginia's most storied small cities. Unlike the suburban office corridors that define much of the region, Leesburg offers something increasingly rare: a walkable, mixed-use downtown with a genuine sense of place. Established in the 1750s and listed on the National Register of Historic Places, the Historic District anchors a thriving commercial ecosystem of law firms, financial advisory practices, medical and dental offices, specialty retail, and a deeply rooted restaurant and hospitality scene. The Loudoun County Government Center, County Courthouse, and a concentration of legal and professional service providers make downtown Leesburg one of the most consistently active submarkets for office occupancy in Northern Virginia — insulated from the broader market vacancy cycles that have impacted suburban Class A product elsewhere. Waverly Park is positioned along South King Street, the primary commercial spine connecting Historic Downtown Leesburg to the Route 7 / Route 15 interchange — placing it within walking distance of the Loudoun County Courthouse, Government Center, and the full amenity base of the downtown core. The asset benefits from immediate access to Route 7, Route 15, and the Dulles Greenway (Route 267), situating tenants and owner-occupants within 15 minutes of Dulles International Airport and approximately 25 miles from Washington, D.C. This location delivers the rare combination of a high-visibility address on a major commercial corridor, the credibility and foot traffic of a historic downtown context, and the regional accessibility demanded by professional service tenants and ownership-minded businesses alike.
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Highlights

  • Assemblage upside eighth condominium independently owned by a dental practice; long-term opportunity to consolidate full building control
  • Flexible acquisition structure pursue as a portfolio, pursue select unit combinations, or occupy a portion and lease the balance; seller open to multiple configurations
  • Multiple buyer profiles supported owner-user, value-add investor, or medical / professional services operator seeking a flagship downtown address
  • Proven location fundamentals walking distance to Loudoun County Courthouse and Government Center; 15 miles to Dulles International Airport; immediate access to Routes 7, 15, and 267
  • Rare downtown Leesburg portfolio seven of eight condominiums in a single acquisition; 27,267 SF on South King Street, the primary commercial corridor of Loudoun County's county seat
  • Tightest submarket in Northern Virginia Leesburg / West Loudoun Class B vacancy at 4.3% vs. 17.4% for the broader NoVA office market; leasing velocity up 37% year-over-year

Attachments

Getting around

  • 76/100

    Walk Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Leesburg, VA
  • Neighborhood Honicon Land
  • Zip Code 20175
  • Market Washington DC Suburban Maryland

Points of Interest

  • Ashburn

    8.15 miles

  • Loudoun Gateway

    9.78 miles

  • 7-Eleven

    0.05 miles

  • Exxon

    0.52 miles

  • Liberty

    0.60 miles

  • Jock's Exxon

    0.66 miles

  • Gas N Go

    0.70 miles

  • Shell

    0.96 miles

  • Sunoco

    0.97 miles

  • Tesla Destination

    1.17 miles

  • eVgo

    1.58 miles

  • Sheetz

    1.60 miles

  • Liberty Street Lot

    0.47 miles

  • Church Street Lot

    0.57 miles

  • Loudoun County Government Center Parking Garage

    0.58 miles

  • Loudoun Times-Mirror Parking

    0.59 miles

  • Town Hall Garage

    0.59 miles

  • Pennington Parking Garage

    0.84 miles

  • Pennington Parking Lot

    0.84 miles

  • Church Parking

    0.95 miles

  • Leesburg Park & Ride

    2.65 miles

  • Event Parking

    2.78 miles

  • Comfort Suites

    1.04 miles

  • Days Inn

    1.09 miles

  • Best Western

    1.18 miles

  • Homewood Suites

    1.31 miles

  • The Hampton Inn

    1.32 miles

  • Home2 Suites

    1.94 miles

  • Clarion Hotel & Conference Center Leesburg

    2.52 miles

  • Stone Gables Bed & Breakfast

    4.41 miles

  • Lansdowne Resort and Spa

    5.20 miles

  • Little Rock Motel

    6.93 miles

  • Food Lion

    0.13 miles

  • Safeway

    0.16 miles

  • Brick & Mortar Mercantile

    0.56 miles

  • Giant

    0.87 miles

  • USA Market

    1.12 miles

  • Saks Fifth Avenue

    1.51 miles

  • Barneys New York Outlet

    1.63 miles

  • Ross

    1.79 miles

  • Kohl's

    1.80 miles

  • Walmart Supercenter

    1.82 miles

Contact Listing Broker
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