For Sale
$2,975,000

107 Park PlFalls Church, VA 22046

7,200 SF Creative Office, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional free-standing, all-brick commercial building at 107 Park Place in Falls Church, VA, presents a unique value-add investment opportunity. Spanning 7,200 square feet across three stories, this property offers a prime location in the heart of Falls Church, directly across from a new Whole Foods and a 300-unit apartment complex. The building's strategic location provides easy access to major transportation arteries, including Route 29, Route 7, I-66, VA-267, and the East Falls Church Metro Station. Its B-2 zoning allows for a variety of retail or office uses. Built in 1980 and renovated in 2015, the building features a new roof and HVAC systems, and each floor is separately metered for electricity. The 0.38-acre lot includes a private parking lot, with additional public parking readily available across the street. The asking price is $2,975,000 ($413.19/SF). Nearby amenities include the State Theater and Clare & Don's Beach Shack, along with numerous shops and restaurants. This property offers significant potential for an owner-user or investor seeking a strong foothold in a thriving, high-demand area. The property's APN is 53-104-020. The building's modified lease type provides flexibility for future tenants.

Highlights

  • Free-standing, all-brick commercial building (7,200 SF) across from a new Whole Foods and 300-unit apartment complex.
  • 7,200 SF building with private parking and convenient public parking nearby.
  • Prime downtown Falls Church location near shops and restaurants.
  • B-2 zoning allows for various retail uses.
  • Excellent access to major roadways (Route 7, I-66, Route 29) and the East Falls Church Metro.
  • Whole Foods opening Fall 2024.

Property Details for 107 Park Pl

Property type
Office properties, Office space
Square Feet
7,200 SF
Year Built/Renovated
1980/2015
Stories
3
Lot Size (sq. ft)
16,553 SF

Location Insight

City
Falls Church
County
Fairfax
State
Virginia
Latitude
38.8826451
Longitude
-77.1693886
107 Park Pl, Falls Church, Virginia

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107 Park Pl
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