1881 Nash StArlington, VA 22209

  • Other commercial real estate
  • 4,400 SF
For Sale
$4,199,000 View listing

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
1881 Nash St, Arlington, Virginia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$36,207
$198,000
$2,731,400
$2,929,400
-
$198,000
$2,731,400
$2,929,400

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