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109 S Fairfax St 5,011 SF 100% Leased Office Building Alexandria, VA 22314 $2,900,520 CAD ($578.83 CAD/SF) 3.92% 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
5,011 SF
Building Class
B
Year Built
1789
Price
$2,900,520 CAD
Price Per SF
$578.83 CAD
Cap Rate
3.92%
NOI
$113,627 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,253 SF
Slab To Slab
9’
Building FAR
2.26
Lot Size
0.05 AC
Zoning
CD
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Carrick Family Counseling LLC
- Health Care and Social Assistance
- -
- -
- -
- Herman W Lutz Law Office
- Professional, Scientific, and Technical Services
- -
- -
- -
- Linda Dapaah PC
- Professional, Scientific, and Technical Services
- -
- -
- -
- Patrizia; Kathryn F
- Health Care and Social Assistance
- -
- -
- -
- William B Cummings PC
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Carrick Family Counseling LLC | Health Care and Social Assistance | - | - | - | ||
| Herman W Lutz Law Office | Professional, Scientific, and Technical Services | - | - | - | ||
| Linda Dapaah PC | Professional, Scientific, and Technical Services | - | - | - | ||
| Patrizia; Kathryn F | Health Care and Social Assistance | - | - | - | ||
| William B Cummings PC | Professional, Scientific, and Technical Services | - | - | - |
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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 | $1,337,876 CAD |
| Land Assessment | $944,553 CAD | Total Assessment | $2,282,429 CAD |
Property Taxes
Parcel Number
075.01-08-05
Land Assessment
$944,553 CAD
Improvements Assessment
$1,337,876 CAD
Total Assessment
$2,282,429 CAD
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109 S Fairfax St
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