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107 N Fairfax StreetAlexandria, VA 22314Price: $3,000,000

  • Price: $3,000,000
  • 42 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* 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.
  • $3,000,000List Price

Listing Tools

Please take the 3D tour of this beautiful property before contacting listing or co listing agents to discuss scheduling a showing, due to the availability of the AirBNB, before scheduling in showing time, thank you. Exciting 1031 Exchange Opportunity - Commercial Property for Sale. Discover a one-of-a -kind investment opportunity in this three-level mixed-use commercial property that seamlessly combines the vibrancy of retail, the convenience of Airbnb, and the comfort of a two-level rental apartment unit. This property represents a unique fusion of diverse income streams, all under one roof. Situated in the heart of Old Town Alexandria, VA, this property benefits from a coveted location with high foot traffic, exceptional visibility, and easy access to at door public transportation. Retail Space (Ground Floor) is dedicated to a boutique ice cream shoppe and café. Airbnb Unit (Second Level) provides a flexible income source. The beautifully appointed Airbnb awaits travelers with modern amenities and décor to ensure an unforgettable stay, making it an appealing option for both tourists and business travelers. Rental Apartment Unit (Third Level) is a spacious and well-designed two-level apartment with a modern kitchen, cozy living areas, and a deck with outdoor kitchen. This apartment unit contribute to a steady and consistent rental income stream. Tax-Deferred Opportunity of a 1031 Exchange, buyers can potentially defer capital gains taxes on their relinquished property when they invest in a like-kind replacement property. Agents and prospective buyers if intent to complete a 1031 Exchange for the purchase please provide a copy of their 1031 exchange agreement and a Qualified Intermediary's contact information. The buyer should provide proof of their financial capability to acquire the property. This could include bank statements, a pre-approval letter from a lender, or a letter of credit. Buyers may need to show their creditworthiness to secure financing or to assure the seller that they can fulfill their obligations. This might involve providing a credit report and financial references before any showings.

Property Details of 107 N Fairfax Street

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Listed by Gregory E Gray and Jamie L Nicholas of KW Metro Center

Copyright 2023 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 December 7, 2023. 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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