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618-622 N Washington St, ALEXANDRIA, VA

$2,600,000 - 7,872 Sqft - .12 Acres - 181 DOM

**PRICE REDUCED!** FULLY LEASED building six blocks north of King Street with three long-term tenants in place. Quick access to the heart of Old Town with its shopping and dining amenities, National Airport and downtown Washington, DC. Three long-term tenants provide stable income. Both retail tenants have been month to month many years. Additional value can be created by re-tenanting or passing through op/ex that owner currently pays. Landlord has no responsibility for interior or exterior cleaning or maintenance. *Sale of commercial property includes three separate parcels: (#618) 054.04-14-10; (#620) 054.04-14-09; (#622) 054.04-14-08 *Nearby amenities include Starbucks, Trader Joe's, FedEx/Kinko's, Harris Teeter, several restaurants, fitness studios, banks, gas station, several parks and the city's Charles Houston Rec Center *Plentiful dining and retail options have earned a "Walker's Paradise" score of 92 (Walk Score~) *Daily traffic count: 32,000+ cars *Braddock Road Metro station in walking distance (.5 miles) *3 Capital Bikeshare stations and dedicated bike lanes/trails within blocks; 2 Zipcar stations *6 DASH bus lines within 2 blocks (providing access to Braddock and King Street Metro stations, Shirlington) and a MetroBus line (spanning the GW Parkway from Mount Vernon to downtown Washington) *Quick access to National Airport (3.5 miles), 14th Street Bridge (5.5 miles), and Capitol Hill (7.5 miles) *Real estate taxes (2018): $27,625 *Lease for main tenant (Great Beginnings Preschool) expires 8/31/22, has annual escalations of $500/mo. and has one 5-year option for renewal *Retail tenant leases are currently month-to-month and include utilities and real estate taxes, tenants will sign leases with new owner

Essential Information

For 618-622 N Washington St, ALEXANDRIA, VA
  • MLS® # VAAX227694
  • Price $2,600,000
  • Bathrooms 0.00
  • Square Footage 7,872
  • Acres 0.12
  • Year Built 1900
  • Type Commercial Sale
  • Sub-Type Office
  • Status Active

Community Information

For 618-622 N Washington St, ALEXANDRIA, VA
  • Address 618-622 N Washington St
  • State VA
  • Zip Code 22314


For 618-622 N Washington St, ALEXANDRIA, VA
  • Heating Forced Air
  • Cooling Central A/C


For 618-622 N Washington St, ALEXANDRIA, VA
  • Exterior Brick and Siding
  • Roof Shingle, Rubber

School Information

For 618-622 N Washington St, ALEXANDRIA, VA

Additional Information

For 618-622 N Washington St, ALEXANDRIA, VA
  • Date Listed March 22nd, 2019
  • Days on Market 181
  • Zoning OC

Listing Details

For 618-622 N Washington St, ALEXANDRIA, VA
  • Office Tartan Properties, Inc.

Price Change History for 618-622 N Washington St, ALEXANDRIA, VA (MLS® #VAAX227694)

Date Details Change
Price Reduced from $2,900,000 to $2,600,000 $300,000 (10.34%)
Price Reduced from $3,100,000 to $2,900,000 $200,000 (6.45%)

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Listing information last updated on September 19th, 2019 at 1:03am EDT.