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EXECUTIVE SUMMARY
This 4,238 SF mixed-use building offers an excellent investment or owner-user opportunity in the heart of Historic Downtown Manassas. The property includes ground-floor retail space and two fully leased upstairs apartments—a 1BD/1BA and a 2BD/2BA—producing $2,200/month in cash flow from long-term tenants. The owner currently occupies the retail portion, which benefits from strong visibility and street presence. With an estimated market rent of $15/SF NNN, the retail space offers solid income potential. Zoned B-1 on a 0.38-acre lot, the property accommodates a wide range of commercial and residential uses.
Motivated Ownership – All Serious Offers Considered! Seller financing available for qualified purchasers!
Centrally located in Historic Downtown Manassas near the intersection of Rt. 28 and Rt. 234, this property offers excellent visibility and accessibility. The area sees strong foot traffic and is surrounded by government offices, shops, dining, and cultural venues. Within walking distance of the VRE/Amtrak station, the location benefits from ongoing downtown revitalization and steady demand driven by nearby residential growth.
Motivated Ownership – All Serious Offers Considered! Seller financing available for qualified purchasers!
Centrally located in Historic Downtown Manassas near the intersection of Rt. 28 and Rt. 234, this property offers excellent visibility and accessibility. The area sees strong foot traffic and is surrounded by government offices, shops, dining, and cultural venues. Within walking distance of the VRE/Amtrak station, the location benefits from ongoing downtown revitalization and steady demand driven by nearby residential growth.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
4,238 SF
Building Class
C
Year Built
1936
Price
$1,326,124 CAD
Price Per SF
$312.91 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.13
Lot Size
0.76 AC
Zoning
B-4
Parking
30 Spaces (7.08 Spaces per 1,000 SF Leased)
Frontage
58’ on Prescott
AMENITIES
- Signage
- Air Conditioning
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 100-01-00-107A | Improvements Assessment | $534,056 CAD |
| Land Assessment | $706,859 CAD | Total Assessment | $1,240,915 CAD |
PROPERTY TAXES
Parcel Number
100-01-00-107A
Land Assessment
$706,859 CAD
Improvements Assessment
$534,056 CAD
Total Assessment
$1,240,915 CAD
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9201 Prescott Ave
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