10426 Main St - Freestanding FOR SALE


Fairfax, VA 22030
$7,550,000 USD
703-994-7510
10426 Main St, Fairfax, VA for Sale
$7,550,000 USD
Freestanding - FOR SALE
1/36
null | Request Cap Rate

10426 Main St
Fairfax, VA 22030


HIGHLIGHTS

  • Owner-User with Income: Ideal for an owner-operator to occupy the 10,600 SF lower level, while collecting $305K+ in NOI from two NNN tenants upstairs.
  • Turnkey Restaurant & Venue Space: The 10,600 SF lower level was built out in 2022 with seating for 280, a stage, full bar, and commercial kitchen.
  • Fully Renovated Building: 22,000 SF free-standing building fully modernized in 2021 with new roof, HVAC systems, and elevator.
  • Commercial Retail Zoning: Flexible zoning supports a variety of uses including dining, entertainment, and specialty retail.
  • Premier Fairfax City Location: Located at a signalized intersection in the heart of downtown, near George Mason University and major commuter routes.
  • Strong Investment Value: High-income area, proven tenants, and versatile space position this asset for long-term growth and ROI.

OVERVIEW

Own a fully renovated 22,000 SF free-standing retail building in the heart of downtown Fairfax City—with a prime 10,600 SF turnkey restaurant, music venue, and event space now available for occupancy. This spectacular lower-level space was custom built in 2022, featuring: -Seating capacity for approximately 280 guests -A professional stage, large bar, and expansive commercial kitchen -Fully turnkey setup, perfect for a restaurant, brewery taproom, live music venue, or banquet/events space Two tenants—Commonwealth Brewing Company (7,600 SF) and Courtside Thai (2,550 SF)—remain in place, generating over $305k in annual net operating income under NNN leases, providing predictable cash flow to support operations. Additional highlights include: -New roof, new HVAC, and new elevator (2021 renovation) -Prominent signalized corner location on Main Street (Rt 236) and Chain Bridge Road (Rt 123) -Zoned Commercial Retail in a high-income, high-growth market -Street Parking in front of Building, Off-Site Structured Parking with 25 private parking spaces -Positioned just minutes from George Mason University and surrounded by affluent neighborhoods This is ideal for a restaurant owner-user to operate a newly built-out space while having rental income from the existing tenants.

FOR SALE DETAILS

PRICE

$7,550,000 USD

PRICE/SF

$337 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner-User & Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C-2

APN/PARCEL ID

57-4-02-101

ASK ABOUT THIS PROPERTY

Joe SerafinSerafin Real EstateMore Info
703-994-7510

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Joe SerafinSerafin Real EstateMore Info
703-994-7510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.