8983 Hersand DrBurke, VA 22015

This exceptional two-story, 2,000 square foot office building in Burke, VA (22015), presents a compelling value-add investment opportunity. Located in the heart of Burke Commons, this Class C property features two units, currently offering a mix of occupied and vacant space. The upper unit, a 100% occupied creative/traditional office space, is currently leased to Autumn Leaf Adoption Counseling at $1,600 per month, generating a significant portion of the property's net operating income (NOI). The lower unit, previously leased at $2,250 per month, is currently vacant, offering immediate potential for increased revenue. The building boasts a total NOI of $31,195, resulting in a 6.93% cap rate based on previous rental income. Built in 1978, the property includes 52 parking spaces and is situated on a well-maintained lot with mature landscaping. The flexible layout allows for diverse uses, including medical, dental, professional services, retail, or other commercial ventures. The building's solid brick construction and convenient location within a thriving business community offer a strong foundation for long-term success. The asking price is $450,000 ($225 per square foot and $225,000 per unit). This property offers a blend of immediate income and significant upside potential for the savvy investor. The ample parking and convenient location make this a highly desirable property in a sought-after area.