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610 Montgomery Street

ALEXANDRIA, VA 22314
  • $1,895,000
  • STATUS: Active Under Contract
  • ON SITE: 166 Days
  • ID#: VAAX2000392
Under Contract
UPDATED: 56 min ago
$1,895,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1935
County:

School Ratings & Info

Description

An important opportunity for the commercial- or retail-minded owner to invest in a growing area known as Old Town North. Located just minutes from Washington, D.C., Alexandria is situated along the Potomac River, adjacent to Arlington with quick and easy access to the Pentagon, Crystal City, and Reagan National Airport (DCA). While Old Town is popular with tourists and known for its art galleries, antique shops, and red-brick sidewalks, northern Alexandria is described as a +G+suddenly bustling section of the city+G- by the Washington Business Journal and offers a variety of opportunities for residents to live, work, dine, and shop locally. This 3,312 SF property offered for sale has two floors with the ground level currently leased by the trendy Haute Dogs restaurant. The upper floor was recently occupied by a hair salon. This building is at one end of a block also occupied by several restaurants. It sits next to a bank and across the street from a steakhouse and among many other restaurants and bars. The Sheraton Suites Old Town is within a block and it+GGs a short distance to reach the Rivergate City Park and Oronoco Bay Park along the Potomac River. Just one block away, a developer has proposed a five-story, 73-unit building at the corner of North Columbus and Madison streets. The nearby Old Towne Hotel is being renovated into a new, five-story hotel, while the small restaurant next to it is slated to become a four-story, 13-unit mixed-use building. A recent article notes that the area is +G+one of the most underdeveloped locations within the historic district+G- of Old Town Alexandria, hinting to the demand for future growth. Property values and business revenue will continue to increase in this area overall. Please do not contact the tenant. Additional information available after signing a Confidentiality and Non-Reliance Agreement.

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©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 The Sky Group of Long & Foster 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: 2021-12-05T22:50:04.187.
www.theskygroup.com/homes/118548294
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610 Montgomery Street ALEXANDRIA, VA 22314

  • Price: $1,895,000
  • Status: Active Under Contract
  • On Site: 166 Days
  • Updated: 56 min ago
  • ID#: VAAX2000392
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1935
Built
Neighborhood:
Old Town North
County:
Alexandria City
School District:
Alexandria City Public Schools
Property Description
An important opportunity for the commercial- or retail-minded owner to invest in a growing area known as Old Town North. Located just minutes from Washington, D.C., Alexandria is situated along the Potomac River, adjacent to Arlington with quick and easy access to the Pentagon, Crystal City, and Reagan National Airport (DCA). While Old Town is popular with tourists and known for its art galleries, antique shops, and red-brick sidewalks, northern Alexandria is described as a +G+suddenly bustling section of the city+G- by the Washington Business Journal and offers a variety of opportunities for residents to live, work, dine, and shop locally. This 3,312 SF property offered for sale has two floors with the ground level currently leased by the trendy Haute Dogs restaurant. The upper floor was recently occupied by a hair salon. This building is at one end of a block also occupied by several restaurants. It sits next to a bank and across the street from a steakhouse and among many other restaurants and bars. The Sheraton Suites Old Town is within a block and it+GGs a short distance to reach the Rivergate City Park and Oronoco Bay Park along the Potomac River. Just one block away, a developer has proposed a five-story, 73-unit building at the corner of North Columbus and Madison streets. The nearby Old Towne Hotel is being renovated into a new, five-story hotel, while the small restaurant next to it is slated to become a four-story, 13-unit mixed-use building. A recent article notes that the area is +G+one of the most underdeveloped locations within the historic district+G- of Old Town Alexandria, hinting to the demand for future growth. Property values and business revenue will continue to increase in this area overall. Please do not contact the tenant. Additional information available after signing a Confidentiality and Non-Reliance Agreement.
Exterior Features

Construction Materials Brick Garage YN No Location Type Business District Lot Features LevelPremiumRoad Frontage Parking Types On Street Property Condition Excellent Riparian Rights YN No Road Responsibility City/County Road Surface Type Paved View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3312.00 Cooling Central A/C Exclusions Any Business Equipment Owned By The Tenant Or The Owner. Heating Hot Water Heating YN Yes Inclusions Property Being Sold Subject To The Lease With The Tenant On The 1st Floor. The 2nd Floor is Vacant. Net Square Feet 3312.00

Property Features

Acceptable Financing Conventional Accessibility Features None Assessment Year 2021 Association YN No Business Type Hair Salon And SpaOther/General RetailProfessionalRestaurant/Bar Central Air YN Yes Cooling Fuel Electric Cross Street N. Washington Street Elevators 0 Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Lease Considered YN Yes Navigable Water YN N New Construction YN No Original MLSNumber 800781467726 Ownership Interest Fee Simple Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 10784.00 Tax Assessment Amount 954350.00 Tax Lot 505 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 MileMetro/Subway Station 1 To 3 Miles Utilities Electric AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 1985 Zoning Cdx Zoning Description Commercial Downtown Zone ((Old Town North)

Listing courtesy of Century 21 Commercial New Millennium.


©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 The Sky Group of Long & Foster 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: 2021-12-05T22:50:04.187.
 
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7700 Old Georgetown Rd, Suite 120
Bethesda MD, 20814