For Sale
$3,600,000

6870 Elm StMcLean, VA 22101

Mixed-use building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This three-story, 9,455 square foot building in McLean, Virginia, presents a unique investment opportunity. Located on a 0.309-acre lot at 6870 Elm St, zip code 22101, this mixed-use property, built in 1977, offers a blend of medical, executive office, and apartment spaces. Currently at 20% occupancy with an occupancy date of February 7, 2024, the asking price is $3,600,000 ($380.75/sq ft). The property is zoned C-2, allowing for various uses, including legal, CPA, tech, real estate, and title companies. Ground floor space, proposed for retail in the McLean CBD comp plan, is available for the first time in years. A three-operatory dental office is also available on the third floor. The second floor, previously a law office, is ideal for similar use. Leases are offered as modified full-service, five-year terms with options. The building's location across from Mars Corp. offers additional appeal. This fee-simple property is a rare find in downtown McLean's revitalization district, offering potential for rezoning to residential and expedited development review procedures. Further information on zoning and development potential is available through the Fairfax County Community Revitalization Section (fcrevit.org) and the Fairfax County Planning office.

Highlights

  • Prime Downtown McLean location in a commercial revitalization district, offering expedited development review and flexible zoning.
  • Zoned for office and ground floor retail (0.70 FAR), per the McLean CBD Comprehensive Plan.
  • Existing building density meets plan requirements, however, ground floor retail use requires zoning variance.

Property Details for 6870 Elm St

Property type
Office properties, Medical offices
Square Feet
9,455 SF
Year Built
1977
Stories
3
Lot Size (sq. ft)
13,460 SF

Location Insight

City
McLean
County
Fairfax
State
Virginia
Latitude
38.9374777
Longitude
-77.1815912
6870 Elm St, McLean, Virginia

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6870 Elm St
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