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624 N Washington Street

ALEXANDRIA, VA 22314
  • $1,200,000
  • STATUS: Active
  • ON SITE: 64 Days
  • ID#: VAAX2010856
UPDATED: 207 min ago
$1,200,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1980
County:

School Ratings & Info

Description

Investment opportunity for sale with two quality tenants in placeDental practice on first and second floors, florist on lower levelDental practice has a lease expiration in December 2023 with 1 5-year option to renewFlower shop currently month to month, has occupied lower level for 10+ yearsFlorist lower level month to month, paying $1,647/month flatDental practice pays share of gas and electric, landlord currently reimburses one third of utilitiesTwo private parking spaces in rear, accessed via alleyOC zoning allows for one to two apartment dwelling units as accessory use over commercial useOpportunity to convert first and second floors to residential use while maintaining flower shop in lower level for additional incomeCustom wrought iron stairs in frontHardwood floors throughoutCurrently set up to support dental practiceKitchen or lab space on second floorCovered deck on second floorHalf bath on lower level, full bath on second floorTwo private parking spaces in rear, accessed via alleyAmple amenities within walking distance, including Trader Joes, FedEx, multiple restaurantsLocated in the rapidly developing OTNTwo stoplights from the GW Parkway for quick access to Washington D.C.5 blocks to Braddock Road Metro, 6 blocks to King StreetHigh visibility location, opportunity for building signage

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Executive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-25T23:51:02.283.
www.jessyoungrealestate.com/homes/126941233
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624 N Washington Street ALEXANDRIA, VA 22314

  • Price: $1,200,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 207 min ago
  • ID#: VAAX2010856
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1980
Built
County:
Alexandria City
School District:
Alexandria City Public Schools
Property Description
Investment opportunity for sale with two quality tenants in placeDental practice on first and second floors, florist on lower levelDental practice has a lease expiration in December 2023 with 1 5-year option to renewFlower shop currently month to month, has occupied lower level for 10+ yearsFlorist lower level month to month, paying $1,647/month flatDental practice pays share of gas and electric, landlord currently reimburses one third of utilitiesTwo private parking spaces in rear, accessed via alleyOC zoning allows for one to two apartment dwelling units as accessory use over commercial useOpportunity to convert first and second floors to residential use while maintaining flower shop in lower level for additional incomeCustom wrought iron stairs in frontHardwood floors throughoutCurrently set up to support dental practiceKitchen or lab space on second floorCovered deck on second floorHalf bath on lower level, full bath on second floorTwo private parking spaces in rear, accessed via alleyAmple amenities within walking distance, including Trader Joes, FedEx, multiple restaurantsLocated in the rapidly developing OTNTwo stoplights from the GW Parkway for quick access to Washington D.C.5 blocks to Braddock Road Metro, 6 blocks to King StreetHigh visibility location, opportunity for building signage
Exterior Features

Construction Materials Brick Garage YN No Parking Types Driveway Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2154.00 Cooling Central A/C Heating Hot Water Heating YN Yes Net Square Feet 2154.00

Property Features

Accessibility Features None Assessment Year 2021 Business Type MedicalOther/General RetailProfessionalBed And BreakfastHair Salon And Spa Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Navigable Water YN N Net Operating Income 76791.00 New Construction YN No Original MLSNumber 801419189354 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 7009.00 Tax Assessment Amount 650280.00 Tax Lot 624 Vacation Rental YN No Water Source Public Zoning Oc Zoning Description Oc Zoning Allows For One To Two Apartment Dwelling Units As Accessory Use Over Commercial Use

Listing courtesy of Tartan Properties, Inc..


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Executive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-05-25T23:51:02.283.
 
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