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110 S Pitt St 10,112 SF Retail Building Alexandria, VA 22314 $9,299,678 CAD ($919.67 CAD/SF) 4.92% Cap Rate

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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
$9,299,678 CAD
Price Per SF
$919.67 CAD
Cap Rate
4.92%
NOI
$457,544 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
Walk Score®
Walker's Paradise (98)
Bike Score®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
United Bank
Chase
TD Bank
Sandy Spring Bank
la Madeleine
Five Guys
Chart House
Fish Market
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
074.02-07-25
Land Assessment
$2,589,241 CAD
Improvements Assessment
$2,358,187 CAD
Total Assessment
$4,947,428 CAD
  • Listing ID: 38831770

  • Date on Market: 2025-12-19

  • Last Updated:

  • Address: 110 S Pitt St, Alexandria, VA 22314

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