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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

Listed by Michael Porterfield • Tartan Properties, Inc.

$1,850,000

Est. payment - /mo

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID VAAX2049316

Year Built 1770

Annual Tax Amount $972,421

Tax Year 2025

Property Sub-Type Office

Source BRIGHT

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

Location

State VA

County Alexandria City

Zoning CD

Interior

Hot Water Natural Gas

Heating Radiator, Forced Air

Cooling Central A/C

Flooring Partially Carpeted, Wood

Heat Source Natural Gas, Electric

Exterior

Garage Spaces 5.0

Water Access N

View Street

Roof Type Copper,Flat,Rubber

Accessibility 32\"+ wide Doors, 36\"+ wide Halls, Accessible Switches/Outlets

Road Frontage City/County

Total Parking Spaces 5

Garage N

Building

Foundation Brick/Mortar, Slab

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Alexandria City Public Schools

Others

Tax ID 12611000

Ownership Other

Acceptable Financing Exchange, Conventional, Negotiable

Listing Terms Exchange, Conventional, Negotiable

Financing Exchange,Conventional,Negotiable

Special Listing Condition Standard

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262

109 S FAIRFAX ST Alexandria, VA 22314

Joseph Lam

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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109 S FAIRFAX ST