610 Montgomery StAlexandria, VA 22314MLS Number VAAX2000392

  • Price: $1,895,000
  • 126 Days on Market
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Federal 30-year interest rate: 3.09% last updated on Oct 21, 2021
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610 Montgomery St Alexandria VA 22314610 Montgomery St Alexandria VA 22314610 Montgomery St Alexandria VA 22314610 Montgomery St Alexandria VA 22314610 Montgomery St Alexandria VA 22314610 Montgomery St Alexandria VA 22314610 Montgomery St Alexandria VA 22314610 Montgomery St Alexandria VA 22314
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  • 0.04Acreage
  • 1935Year Built
  • 572Price Per Square Foot
  • 2021Assessment Year
An important opportunity for the commercial- or retail-minded owner to invest in a growing area known as Old Town North. Located just minutes from Washington, D.C., Alexandria is situated along the Potomac River, adjacent to Arlington with quick and easy access to the Pentagon, Crystal City, and Reagan National Airport (DCA). While Old Town is popular with tourists and known for its art galleries, antique shops, and red-brick sidewalks, northern Alexandria is described as a “suddenly bustling section of the city” by the Washington Business Journal and offers a variety of opportunities for residents to live, work, dine, and shop locally. This 3,312 SF property offered for sale has two floors with the ground level currently leased by the trendy Haute Dogs restaurant. The upper floor was recently occupied by a hair salon. This building is at one end of a block also occupied by several restaurants. It sits next to a bank and across the street from a steakhouse and among many other restaurants and bars. The Sheraton Suites Old Town is within a block and it's a short distance to reach the Rivergate City Park and Oronoco Bay Park along the Potomac River. Just one block away, a developer has proposed a five-story, 73-unit building at the corner of North Columbus and Madison streets. The nearby Old Towne Hotel is being renovated into a new, five-story hotel, while the small restaurant next to it is slated to become a four-story, 13-unit mixed-use building. A recent article notes that the area is “one of the most underdeveloped locations within the historic district” of Old Town Alexandria, hinting to the demand for future growth. Property values and business revenue will continue to increase in this area overall. Please do not contact the tenant. Additional information available after signing a Confidentiality and Non-Reliance Agreement.
Listed by Stephen M Karbelk of CENTURY 21 Commercial New Millennium

Driving Directions

Carter Braxton Preferred Properties
Carter Braxton Preferred Properties
Office: 703-777-7772
1 N. King Street
Leesburg, VA 20175

More Info

Basic Information

  • Broker NameCENTURY 21 Commercial New Millennium
  • List Price$1,895,000
  • LocationTypeBusiness District
  • MLS NumberVAAX2000392
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot572
  • StatusACT
  • Vacation Rental YNN

Property

  • Acreage0.04
  • Business TypeHair Salon and Spa, Other/General Retail, Professional, Restaurant/Bar
  • Lot DescriptionLevel, Premium, Road Frontage
  • Lot Size SourceEstimated
  • Lot Size Square Feet1,546
  • New Construction YNN
  • Property ConditionExcellent
  • Property SubTypeRetail
  • Road ResponsibilityCity/County
  • Road Surface TypePaved
  • ZoningCDX
  • Zoning DescriptionCommercial Downtown Zone ((Old Town North)

Water Body

  • Tidal Water YNN
  • Water AccessN
  • Water View YNN
  • WaterfrontN

Tax Information

  • Assessment Year2021
  • City Town Tax10784
  • City Town Tax Payment FrequencyAnnually
  • Tax Assessment Amount954350
  • Tax Lot505
  • Tax Year2021
  • Taxes$10,784
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceEstimated
  • Building Area Total3312
  • Construction MaterialsBrick
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Stories2
  • Total Garage And Parking Spaces
  • Total Restrooms4
  • Year Built1935
  • Year Built Effective1985

Amenities

  • Accessibility AmenitiesNone

Other

  • ExclusionsAny business equipment owned by the tenant or the owner.
  • Ground Rent Exists YNN
  • Historic YNN
  • Sale or LeaseY
  • View Count1

Parking

  • Assigned Parking Spaces
  • Parking TypesOn Street

Basic Information

  • Date Listed06/21/2021

Location

  • Address610 Montgomery St
  • Building Number610
  • CountyAlexandria City
  • Cross StreetN. Washington Street
  • DirectionsLocated near the SE corner of N. Washington Street and Montgomery Street in Old Town North.
  • In City Limits YNY
  • StateVA
  • SubdivisionOld Town North
  • TownAlexandria
  • Water Oriented YNN
  • Zip22314

Utilities

  • Central Air YNY
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemHot Water
  • Heating FuelNatural Gas
  • Heating YNY
  • SewerPublic Sewer
  • UtilitiesElectric Available, Sewer Available, Water Available
  • Water HeaterNatural Gas
  • Water SourcePublic

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Copyright 2021 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Carter Braxton Preferred Properties participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated October 25, 2021. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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