For Sale
$2,200,000

109 Fairfax StAlexandria, VA 22314

Prime location, 5,011 SF office, 10 leases.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 5,011 square foot office building, located at 109 S Fairfax St in Alexandria, Virginia, presents a unique investment opportunity. Built in 1770, this four-story property boasts a rich history and sits on a 0.05-acre lot. Currently configured as a multi-tenant office building with ten existing leases in place, this stabilized investment offers significant potential for value-add improvements or redevelopment. The property is zoned CD and enjoys a prime location in Historic Old Town Alexandria, directly across from Burke and Herbert Bank, ensuring phenomenal foot traffic and high visibility. The meticulously maintained interior offers ample space, ideal for continued office use or a transformative project. The property's historical significance and central location provide a compelling foundation for a variety of uses, including the possibility of conversion into a magnificent single-family residence or a multi-family dwelling (subject to city approvals). The asking price is $2,200,000. This is a rare chance to acquire a piece of Alexandria's history and capitalize on its vibrant commercial landscape. The property's address is 109 S Fairfax St, Alexandria, VA 22314.

Highlights

  • 10-unit multifamily property, 100% occupied.
  • Prime location in Historic Old Town Alexandria.
  • High visibility and excellent foot traffic, directly across from Burke and Herbert Bank.

Property Details for 109 Fairfax St

Property type
Office properties
Square Feet
5,011 SF
Year Built
1770
Stories
4
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Alexandria
County
Fairfax
State
Virginia
Latitude
38.8041651
Longitude
-77.0427512
109 Fairfax St, Alexandria, Virginia

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109 Fairfax St
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