109 S Fairfax St, Alexandria, VA 22314

$1,850,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,850,000
Price Change
▼ $250,000 1778607494
Days on Market
338
Status
ACTIVE
MLS#
VAAX2049316
Year Built
1770
County
Alexandria City
School District
Alexandria City Public Schools

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

Additional Information

Taxes
$972421
Stories
3
School District
Alexandria City Public Schools
Flooring
Partially Carpeted, Wood
View
Street
Heating
Radiator, Forced Air
Heating Fuel
Natural Gas, Electric
Cooling
Central A/C
Roof
Copper, Flat, Rubber
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Tartan Properties, Inc.. Contact: