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110 S Pitt St 10,112 SF Retail Building Alexandria, VA 22314 $9,350,370 CAD ($924.68 CAD/SF) 4.39% Cap Rate



Investment Highlights
- Prime Old Town Location
- Diverse Income Streams
- High Barrier-to-Entry Market
- Historic Character & Modern Appeal
- Zoned CD (Commercial Downtown)
- Strong Demographics
Executive Summary
Presenting an exceptional opportunity, 110 S. Pitt Street is a historic 10, 112-square-foot mixed-use property located in the heart of Old Town Alexandria, one of the Washington, D.C. region’s most coveted submarkets. Originally built in 1850, this timeless asset blends Old Town’s architectural charm with modern functionality and strong income potential. The property features a thriving upscale restaurant occupying 5,056 square feet on the ground floor, complemented by four multifamily units on the second level. Of these residential units, one is leased to a long-term tenant, two operate as successful Airbnb rentals, and one is currently available—offering flexibility and immediate upside potential. Zoned CD (Commercial Downtown), the property allows for a variety of commercial and residential uses, catering to both owner-operators and investors seeking a rare, income-producing opportunity in a premier location. With its diverse revenue streams, historic appeal, and prime positioning within the Washington, D.C. metro area, this asset represents a truly unique addition to any real estate portfolio.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,112 SF
Building Class
B
Year Built
1850
Price
$9,350,370 CAD
Price Per SF
$924.68 CAD
Cap Rate
4.39%
NOI
$410,251 CAD
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.22
Lot Size
0.19 AC
Zoning
CD
Frontage
45’ on S Pitt St
Amenities
- Courtyard
- Restaurant
Exceptionally walkable
100/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 074.02-07-25 | Improvements Assessment | $2,351,324 CAD |
| Land Assessment | $2,581,705 CAD | Total Assessment | $4,933,029 CAD |
Property Taxes
Parcel Number
074.02-07-25
Land Assessment
$2,581,705 CAD
Improvements Assessment
$2,351,324 CAD
Total Assessment
$4,933,029 CAD
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110 S Pitt St
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