1881 Nash StArlington, VA 22209
- Other commercial real estate
- 4,400 SF
Property Details for 1881 Nash St
- Year built
- 2009
- Property size (Sq ft)
- 4,400 SF
- Zone code
- C-O-ROSSLYN
- Property type
- Other commercial real estate
- APN
- 16-022-252
- APU
- 16022252
Description
This exceptional 4,400 square foot retail space, located at 1881 N Nash St in Arlington, Virginia (zip code 22209), presents a rare investment opportunity. Built in 2009, this condo property is currently operating as a restaurant and bar, boasting a desirable location with high visibility. The property features a spacious interior, complemented by an outdoor patio, perfect for expanding operations or creating a vibrant atmosphere. The asking price is $4,199,000. The monthly condo fee is $3,251, and the property includes three parking spaces. Zoned C-O Rosslyn and Mixed Use Rosslyn District, this property benefits from its prime location within a rapidly developing area. Nearby, a new hotel, residential, and civic/retail space is under construction, promising increased foot traffic and enhanced visibility. The surrounding area also has future plans for modern residential and commercial development, further enhancing the long-term investment potential. The current owner may consider selling the real estate and leasing it back, providing a unique opportunity for continued business operations. This is a truly exceptional opportunity to acquire a thriving business and prime real estate in a rapidly growing area of Arlington, Virginia.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,301,534
- Hospitality
- $1,192,198
- Educational
- $991,895
- Medical
- $1,026,008
- Retail
- $1,542,948
Location Insight
- City
- Arlington
- County
- Arlington
- State
- Virginia
- Latitude
- 38.897
- Longitude
- -77.0729
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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