1525 King St - Storefront Retail/Office FOR SALE


Alexandria, VA 22314- Old Town
$775,000 USD
703-863-7002
1525 King St, Alexandria, VA for Sale
$775,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | 6.48% Cap Rate

NEW


1525 King St
Alexandria, VA 22314
Old Town


HIGHLIGHTS

  • Heavy Foot traffic walking distance to metro
  • mixed use. can be commercial on top, residential on bottom
  • 100 year old building keeping old town's charm alive

OVERVIEW

Rare opportunity to purchase a residential/commercial mixed use unit in Old Towne Alexandria. Use the main/upper level as a business and live in the basement. Use all 3 levels as residential may require certain things to be done with the city to obtain full residential use. Lease out upper level as residential or a commercial unit and lease out lower level as residential. Previous use upper two levels were office space, lower level was residential on a yearly lease. Current use upper 2 levels were used as Air BnB space and lower level used as another Air bnb space, 2 Air bnb units in one property. Income numbers can be provided if interested. So many use options for this space. Less than a block to King St metro, shops, stores, & close to the waterfront & parks. Everything you need is right here for you. Driveway in rear can fit two small cars or one large vehicle. Street parking available on first come first serve bases. VA & FHA loans may not be feasible for this property.

FOR SALE DETAILS

PRICE

$775,000 USD

PRICE/SF

$388 USD /SF

CAP RATE

6.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,333 SF

ZONING

KR

APN/PARCEL ID

063.04-08-25

ASK ABOUT THIS PROPERTY

Tessa WilborneT&G Real Estate Advisors, Inc.More Info
703-863-7002

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Tessa WilborneT&G Real Estate Advisors, Inc.More Info
703-863-7002

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