109 S Fairfax St, Alexandria, VA 22314
- $1,850,000
- List Price
- $1,850,000
- Status
- ACTIVE
- Days on Market
- 376
- Price Change
- ▼ $250,000 1778607494
- MLS#
- VAAX2049316
- Year Built
- 1770
Property Description
Introducing an exceptional investment opportunity at 109-111 South Fairfax Street, Alexandria, VA. This historic 4,560 SF building, dating back to 1770, offers a prime location in the heart of Northern Virginia's Commercial Downtown district. The property boasts 100% occupancy with multiple tenants, presenting an ideal income-producing asset. With room for rent growth and management efficiencies, as well as the potential for operating expense sharing through new leasing agreements, this property offers a solid foundation for a savvy investor. All tenants are currently on month-to-month leases, providing flexibility for future plans and one lease expiration. This is a rare chance to acquire a piece of history with substantial investment potential. VALUE ADD OPPORTUNITY Multiple tenants Room for rent growth All tenants are month to month with one upcoming lease expiration
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Additional Information
- Taxes
- $972,421
- Zoning
- CD
- Flooring
- Partially Carpeted, Wood
- Heating
- Radiator, Forced Air
- Air Conditioning
- Central A/C
- Stories
- 3
- Roof
- Copper, Flat, Rubber
- Foundation
- Brick/Mortar, Slab
- School District
- Alexandria City Public Schools
- Number Of Units
- 10
- View
- Street
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Listing courtesy of Tartan Properties, Inc.. Contact: