Listed By:Eric Nelson · License #0225220941(202) 271-6050
Source:Elliman
Added: Apr 24Changed: Aug 8Last Checked: Aug 8 at 1:06PM
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Investment Insights
Based on property information with market context.
The Cell Block Residences, located one block from the Potomac River in downtown Colonial Beach, is a unique property blending history, design, and income potential. Originally the town’s historic Fire Department and later Police Department, the building was fully renovated in 2023 into three residential units and an adjoining commercial space. The main level includes two fully furnished 1-bedroom, 1-bath units, each with a full kitchen and washer/dryer. These units can be rented individually or combined into a larger living space, offering flexibility for short-term, mid-term, or long-term rentals. The upstairs unit features 2 bedrooms and 1.5 baths, with the potential to create a third bedroom or office from existing storage space. Both the front main-level unit and the upper-level unit have Potomac River views. Design elements include exposed brick, steel beams, sound-dampening materials, and efficient use of space. The adjoining commercial space, which still contains the original jail cells, offers an opportunity for future income or adaptive reuse, suitable for a boutique business, gallery, tasting room, or creative concept. A paved parking lot with approximately 10 spaces supports both residential and commercial use. The residential units have a proven rental history as short-term, mid-term, and long-term rentals. The property is located near the town pier, public beaches, boardwalk, restaurants, and boutiques. The building has a bike score of 36, indicating it is somewhat bikeable, and a walk score of 38, indicating car-dependence.
Key Highlights
Unique historic building fully renovated in 2023 into three residential units and a commercial space.
Prime downtown location, one block from the Potomac River and close to beaches, restaurants, and shops.
Proven rental history with flexibility for short‑term, mid‑term, or long‑term rentals.
Property Analytics
Property Profile
Current Use
Mixed-use properties
Suggested Use
Top PickParking Lot & GarageHVAC ServiceAuto Parts StoreLaw FirmBakeryGarden Center
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
Demographics for 22443, VA
9,151
Population
5,561
Households
1.6
Avg Household Size
47
Median Age
19%
College-Educated
85%
High-School Grad
59.3 sq mi
ZIP Area
154
Density / Sq Mi
$57,366
Median Household Income
$37,584
Median Earnings
$896
Median Rent
$243,200
Median Home Value
Market
Vacancy Rate%for Multifamily in South region
8.5%2022
10.2%2023
11.4%2024
11.3%2025
Questions? Ask Rey
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Mixed-use property - Historic building with residential units and commercial space in downtown.
Where is this mixed-use property located?
The property is located at 10 N IRVING Colonial Beach, VA.
What is the asking price?
The asking price for this property is $999,876.
What are key features of this property?
This property features: Unique historic building fully renovated in 2023 into three residential units and a commercial space.; Prime downtown location, one block from the Potomac River and close to beaches, restaurants, and shops.; Proven rental history with flexibility for short‑term, mid‑term, or long‑term rentals.