Serafin Real Estate is pleased to present for sale Waverly Park Office Condominiums, a seven-unit office condominium portfolio totaling 27,267 square feet at 602 South King Street in Historic Downtown Leesburg, Virginia. The offering represents a rare opportunity to acquire a controlling interest — seven of eight condominiums — within a well-established Class B office building situated on the primary commercial corridor of Loudoun County's county seat. The portfolio was acquired through a foreclosure auction in April 2026, creating an immediate basis advantage and a compelling entry point relative to stabilized market value for buyers prepared to execute. The investment thesis is straightforward: a tight submarket, a generational location, and a flexible asset that serves multiple buyer profiles. The Leesburg / West Loudoun office submarket currently operates at 4.3% vacancy for Class B product — one of the tightest in all of Northern Virginia — while leasing velocity has increased 37% year-over-year. One unit is leased direct to a long-term tenant through March 2029 at $23.06 per square foot with 2.5% annual escalations, providing immediate in-place income. The remaining 23,580 square feet represents lease-up or owner-occupancy potential in a submarket where professional service demand is durable and absorption timelines are measured in months, not years. The portfolio is ideally structured for an owner-user seeking to occupy a portion of the building while generating leased income from the balance — a profile well-supported by SBA 504 financing at up to 90% loan-to-value with 25-year amortization. Professional services firms, medical and dental practices, faith-based organizations, and family-owned businesses will find in Waverly Park a rare downtown Leesburg address with on-site parking, elevator access, and a 1988 steel-frame construction base that has proven its durability and tenant appeal. For the investor buyer, the fractured vacancy presents a value-add play with clear comparables supporting stabilized pricing well above the current acquisition basis. And for the most strategic acquirer, the presence of an independently owned eighth condominium — occupied by an established dental practice — represents a long-term assemblage opportunity that could ultimately deliver full-building control at a meaningful premium to today's pricing.