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109-111 S Fairfax St 4,560 SF 100% Leased Office Building Alexandria, VA 22314 $2,539,088 CAD ($556.82 CAD/SF) 4.45% Cap Rate
Executive Summary
It offers a historic 4,560 SF building with immense investment potential. Built in 1770 and zoned (CD) Commercial Downtown, this property presents a rare opportunity for office building investors. With multiple tenants in place and room for rent growth, the property provides a steady income stream. All tenants are currently month-to-month, offering flexibility for new ownership. Don't miss the chance to own a piece of historical charm in the Northern Virginia area with excellent future development possibilities.
Property Facts
Sale Type
Investment
Property Type
Building Size
4,560 SF
Building Class
B
Year Built
1789
Price
$2,539,088 CAD
Price Per SF
$556.82 CAD
Cap Rate
4.45%
NOI
$112,910 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,140 SF
Slab To Slab
9’
Building FAR
2.05
Lot Size
0.05 AC
Zoning
CD
1 1
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 075.01-08-05 | Improvements Assessment | $1,322,006 CAD |
| Land Assessment | $933,348 CAD | Total Assessment | $2,255,355 CAD |
Property Taxes
Parcel Number
075.01-08-05
Land Assessment
$933,348 CAD
Improvements Assessment
$1,322,006 CAD
Total Assessment
$2,255,355 CAD
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109-111 S Fairfax St
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