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Investment Highlights

  • Located in the heart of Fairfax City and just minutes from George Mason University—which has seen significant growth in its student population
  • Current lease is in place through June 2029
  • Owner financing

Executive Summary

This property was built in 1910 with renovations completed in 1950. The building features 24 hour access, corner lot, restaurant, signage, signalized intersection, tenant controlled HVAC, and air conditioning. Current lease in place through June 2029.

1 Unit Available

Unit 1

Unit Size 1,141 SF
Price $1,232,739 CAD
Price Per SF $1,080.40 CAD
Condo Use Retail
Sale Type Investment
Cap Rate 5.87%
NOI $72,365.48 CAD
Description

This is a great opportunity to own a retail space in vibrant, historic Fairfax City (note: the building itself is not designated as historic).

Sale Notes

Owner financing Available with 200K down

2D Floor Plan for 10407 Main Street
View Photo 2D Floor Plan for 10407 Main Street

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 11,630 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Office
  • General Retail Convenience Store
  • General Retail Restaurant
  • General Retail Storefront
Building Class C
Floors 2
Typical Floor Size 5,815 SF
Year Built 1910
Lot Size 0.24 AC
Parking Ratio 0.17/1,000 SF
Zoning C-2 - Retail Commercial

Amenities

  • 24 Hour Access
  • Corner Lot
  • Restaurant
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

Title Boxing Club
Starbucks
Safeway
Truist
United Bank
Noodles & Company
Crossfit Main Street
PNC Bank
Capital One
Compass Coffee
  • Listing ID: 36244014

  • Date on Market: 2025-06-13

  • Last Updated:

  • Address: 10403 Main St, Fairfax, VA 22030

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