Skip To Content

705 Prince Street

ALEXANDRIA, VA 22314
  • $975,000
  • STATUS: Active Under Contract
  • ON SITE: 141 Days
  • ID#: VAAX260448
Under Contract
$975,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Quintessential Old Town property in prime location! One block to King Street, halfway between King Street Metro and the newly developed waterfront and only 3 miles to Reagan Airport. Built in 1900 this building features exposed brick walls and gorgeous window detail giving it Old Town charm galore. Three level townhouse with off street parking for two cars. Open concept floor plan flooded with natural light has endless possibilities. Building currently features 2 separate business spaces; one on the main level, second space on the upper level and basement for lots of storage. Zoned mixed use, the options for this space are limitless. For starters, the English basement has private outside entrance so easily finish the space for a third business. Is the limited residential inventory causing you heartache? Convert the entire building into residential (like your neighbor at 707 Prince Street) and enjoy the prime location, walkability and off-street parking right in the heart of Old Town. This building also offers the perfect setup for an owner to have a business upstairs while generating income from the tenant on the main level. Are you downsizing your business or looking for more space outside of your most recent home office? This space is just right! Great combination of closed-door rooms plus plenty of open space where employees can spread out. No matter your commercial or residential needs, if you want to be in old town, touring this property is a must! Current tenant renewing lease and will be in property another year but is expected to want to stay longer, if possible. No interest in long term tenant, this gives you a year to design and work with the City to make the building your own.

Monthly Payment Calculator



©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-16T23:50:27.477.
www.peterknapprealtygroup.com/homes/117681707
Print Image

705 Prince Street ALEXANDRIA, VA 22314

  • Price: $975,000
  • Status: Active Under Contract
  • ID#: VAAX260448
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1900
Built
County:
Alexandria City
School District:
Alexandria City Public Schools
Property Description
Quintessential Old Town property in prime location! One block to King Street, halfway between King Street Metro and the newly developed waterfront and only 3 miles to Reagan Airport. Built in 1900 this building features exposed brick walls and gorgeous window detail giving it Old Town charm galore. Three level townhouse with off street parking for two cars. Open concept floor plan flooded with natural light has endless possibilities. Building currently features 2 separate business spaces; one on the main level, second space on the upper level and basement for lots of storage. Zoned mixed use, the options for this space are limitless. For starters, the English basement has private outside entrance so easily finish the space for a third business. Is the limited residential inventory causing you heartache? Convert the entire building into residential (like your neighbor at 707 Prince Street) and enjoy the prime location, walkability and off-street parking right in the heart of Old Town. This building also offers the perfect setup for an owner to have a business upstairs while generating income from the tenant on the main level. Are you downsizing your business or looking for more space outside of your most recent home office? This space is just right! Great combination of closed-door rooms plus plenty of open space where employees can spread out. No matter your commercial or residential needs, if you want to be in old town, touring this property is a must! Current tenant renewing lease and will be in property another year but is expected to want to stay longer, if possible. No interest in long term tenant, this gives you a year to design and work with the City to make the building your own.
Exterior Features

Construction Materials Brick Garage YN No Parking Features Paved Parking Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2200.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 2200.00 Security Features Electric Alarm

Property Features

Accessibility Features Doors - Swing In Assessment Year 2021 Association YN No Building Permits Other Business Type MedicalOther/General RetailProfessionalOther Central Air YN Yes Cooling Fuel Electric Cross Street Washington Street Heating Fuel Electric Hot Water Natural Gas Navigable Water YN N New Construction YN No Operating Expense Includes Heating/CoolingInsuranceManagement FeesSnow RemovalTrashWaterSewer Original MLSNumber 304629587722 Owner Pays All Utilities Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 10456.00 Tax Assessment Amount 925395.00 Tax Lot 705 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 MileMetro/Subway Station Less Than 1 Mile Vacation Rental YN No Water Source Public Zoning Rm

Listing courtesy of Long & Foster Real Estate, Inc..


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Compass Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-16T23:50:27.477.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304629587722-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304629587722-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_304629587722-2.jpg
Logo
Compass Real Estate
Ashburn VA, 20147