© Shazia Begin, Realtor®
© Shazia Begin, Realtor®
bedrooms |
full baths
0.04 ACRES
Year Built: 1935
ACTIVE
An important opportunity for the commercial- or retail-minded owner to invest in a growing area known as Old Town North. Located just minutes from Washington, D.C., Alexandria is situated along the Potomac River, adjacent to Arlington with quick and easy access to the Pentagon, Crystal City, and Reagan National Airport (DCA). While Old Town is popular with tourists and known for its art galleries, antique shops, and red-brick sidewalks, northern Alexandria is described as a “suddenly bustling section of the city” by the Washington Business Journal and offers a variety of opportunities for residents to live, work, dine, and shop locally. This 3,312 SF property offered for sale has two floors with the ground level currently leased by the trendy Haute Dogs restaurant. The upper floor was recently occupied by a hair salon. This building is at one end of a block also occupied by several restaurants. It sits next to a bank and across the street from a steakhouse and among many other restaurants and bars. The Sheraton Suites Old Town is within a block and it’s a short distance to reach the Rivergate City Park and Oronoco Bay Park along the Potomac River. Just one block away, a developer has proposed a five-story, 73-unit building at the corner of North Columbus and Madison streets. The nearby Old Towne Hotel is being renovated into a new, five-story hotel, while the small restaurant next to it is slated to become a four-story, 13-unit mixed-use building. A recent article notes that the area is “one of the most underdeveloped locations within the historic district” of Old Town Alexandria, hinting to the demand for future growth. Property values and business revenue will continue to increase in this area overall. Please do not contact the tenant. Additional information available after signing a Confidentiality and Non-Reliance Agreement.
Property Details
MLS #
VAAX2000392
Property Type
Commercial Sale
Listing Status
ACTIVE
Listing Price
$1,995,000
Year Built
1935
Lot Acreage
NA
Subdivision
OLD TOWN NORTH
City
ALEXANDRIA
County
ALEXANDRIA CITY
Water Source
Public
Sewer
Public Sewer
Zoning
CDX
Exterior Details
Home Type
Parking
On Street
Interior Details
Interior Space
sq ft
Heating
Natural Gas - Hot Water
Cooling
Electric - Central A/C
Hot Water
Natural Gas
Accessibility Features
None
Financial Details
County Tax
$10,784.00
Special Tax Assessment
$0
Tax Year
2021
Total Assessment
$954,350
Total Taxes
$10,784
Listing Courtesy of
Listing Office
CENTURY 21 Commercial New Millennium
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Listings provided by Bright MLS from various brokers who participate in IDX (Internet Data Exchange). Information deemed reliable but not guaranteed.

Shazia Begin, REALTOR®
Century 21 Redwood Realty
1934 Wilson Blvd
Arlington 22201
Direct:
© Shazia Begin, Realtor®
© Shazia Begin, Realtor®
 
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