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11 Canal Center Plz
Alexandria, VA 22314
Canal Center 3 · Office Property For Sale


Investment Highlights
- Waterfront office location overlooking the Potomac River.
- Direct access to the Mount Vernon Trail.
- Located within Alexandria's Canal Center business district.
- Renovated building completed improvements in 2021.
- Convenient connections to Washington, D.C. and Northern Virginia.
- Two-story lobby creates a prominent arrival experience.
Executive Summary
11 Canal Center Plaza presents an opportunity to acquire a Class A office asset in Alexandria's established Canal Center waterfront district. Situated directly along the Potomac River in Old Town North, the property combines a highly recognizable business address with access to one of the Washington metropolitan area's most desirable office and mixed-use environments. The building's waterfront setting, recent capital improvements, and proximity to major regional employment centers support both current occupancy and long-term positioning.
Constructed in 1987 and renovated in 2021, the property offers a professional office environment distinguished by a two-story lobby, river views, and convenient access to surrounding amenities. The location provides connectivity to Washington, D.C., National Landing, Reagan National Airport, Interstate 495, and the George Washington Memorial Parkway, supporting business operations throughout the greater metropolitan region. Nearby restaurants, hotels, residential communities, and recreational amenities contribute to the area's ongoing appeal among office users and employers.
Canal Center has developed into a recognized waterfront office district that benefits from Alexandria's diverse economic base, government presence, and professional services sector. The property's position along the Potomac River and adjacent to the Mount Vernon Trail provides a setting that is difficult to replicate within the region. Combined with its accessibility, established tenancy history, and location within one of Northern Virginia's most prominent waterfront corridors, 11 Canal Center Plaza offers investors the opportunity to acquire a well-located office asset with enduring market relevance and potential for continued value creation.
Constructed in 1987 and renovated in 2021, the property offers a professional office environment distinguished by a two-story lobby, river views, and convenient access to surrounding amenities. The location provides connectivity to Washington, D.C., National Landing, Reagan National Airport, Interstate 495, and the George Washington Memorial Parkway, supporting business operations throughout the greater metropolitan region. Nearby restaurants, hotels, residential communities, and recreational amenities contribute to the area's ongoing appeal among office users and employers.
Canal Center has developed into a recognized waterfront office district that benefits from Alexandria's diverse economic base, government presence, and professional services sector. The property's position along the Potomac River and adjacent to the Mount Vernon Trail provides a setting that is difficult to replicate within the region. Combined with its accessibility, established tenancy history, and location within one of Northern Virginia's most prominent waterfront corridors, 11 Canal Center Plaza offers investors the opportunity to acquire a well-located office asset with enduring market relevance and potential for continued value creation.
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Building Size
77,641 SF
Building Class
A
Year Built
1987
Percent Leased
95%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
20,724 SF
Slab To Slab
10’9”
Building FAR
1.41
Lot Size
1.27 AC
Zoning
W-1 - Water-front mixed use zone
Parking
307 Spaces (2.3 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Fitness Center
- Food Service
- Property Manager on Site
- Waterfront
- Balcony
Property Taxes
| Parcel Number | 055.01-04-15 | Improvements Assessment | $18,615,414 CAD |
| Land Assessment | $10,260,968 CAD | Total Assessment | $28,876,382 CAD |
Property Taxes
Parcel Number
055.01-04-15
Land Assessment
$10,260,968 CAD
Improvements Assessment
$18,615,414 CAD
Total Assessment
$28,876,382 CAD
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