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2300 N Pershing Drive, Unit AArlington, VA 22201Sale Price: $1,255,000

  • Sale Price: $1,255,000
  • 252 Days Since Sale
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,200,000List Price

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Presenting an exceptional commercial real estate opportunity at the corner of N. Pershing and N. Wayne in Arlington, this former restaurant is available for new ownership. Located in the thriving neighborhood of Lyon Park surrounded by luxury apartments and an array of shops including Bon Chon, El Fuego, Paisano's, plus beauty salons and nail shops, this property enjoys a prime spot in the heart of the action close to Fort Myer. Step inside to discover an 18' x 48' dining area with a welcoming tile floor and a high, open ceiling, creating an airy atmosphere. The property is being sold in “As Is” condition with all existing furniture, fixtures, and equipment (FF&E) currently on site. The property comes with a comprehensive set of kitchen and restaurant equipment, including deli cases, a beverage case, commercial kitchen appliances, a Point of Sale (POS) system, and more. The kitchen boasts essential equipment such as an AutoDoner vertical broiler, deep fryer, flat top grill, rotisserie, two Rational convection ovens, and two CaptiveAire hoods with Ansul fire suppression, ensuring efficient and safe food preparation. Other features include a Hobart commercial dishwasher, a large 3-sink dishwashing station, and a Delfield prep table. Food storage is well-covered with two 3-door freezers, one of which is a True brand, and a True brand two-door stand-alone refrigerator. All equipment is approximately 15 years old, installed in 2008. Additionally, the dining room includes two TVs, a half dozen cameras, and sound speakers catering to entertainment and security requirements. The interior furnishings include approximately 11 regular tables, 5 high top tables, and 34 chairs, offering flexibility in terms of seating arrangement. There are two bathrooms and a rear office and storage closet. Parking is convenient with a large, free parking lot located behind the building. The property also features a large 800 SF outdoor patio seating area, providing an inviting space for al fresco dining. The condo fee is $1,003.63 per month. Whether you aspire to launch a new culinary venture or plan to adapt the space for alternative uses, this real estate opportunity offers great potential. This property is being sold by a Bankruptcy Trustee. There is a pending offer subject to higher and better bids. The sale hearing date is scheduled for Tuesday, December 19th @ 11am. Contact listing agent for details.

Property Details of 2300 N Pershing Drive, Unit A

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Listed by Stephen M Karbelk of CENTURY 21 Commercial New Millennium

Listing Sold by CENTURY 21 Commercial New Millennium

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