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Renovated Freestanding Office Building
For Sale
$2,750,000

1020 Princess St, Alexandria, VA 22314

Renovated in 2012 with team workspaces, private offices, and 10 parking spaces near a Metro station.

Property SizeContact for details
Days on Market341

Property Features for 1020 Princess St

General Information

Standard status Active
Total Parking Spaces 10

Taxes and HOA fees

Annual Taxes $231,275

Building Details

Year Renovated 2012
Listing Agency: Tartan Properties, Inc.
Listed By: Michael B Porterfield
Source: Exprealty
Added: Sep 18, 2025 Changed: Aug 24 Last Checked: Aug 14 at 7:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tartan Properties, Inc.

Investment Insights

Based on property information with market context.

This free-standing office building was fully renovated in 2012 and is currently configured with large team workspaces as well as private offices. The property is offered as a multi-parcel package that includes the office building known as 1010 Princess Street, 1020 Princess Street, and 331 N. Henry Street, along with the parking lot at 1011 Princess Street. The building also includes 10 private parking spaces.

The property is located in the emerging Braddock Road Metro neighborhood. The Metro station is approximately six blocks away, and Capital Bikeshare is listed as two blocks away.

For buyers and tenants seeking an established office footprint, the existing layout supports both collaborative team use and separate private office space. The description also notes possible by-right alternatives including a residential conversion or a preschool, providing flexibility for qualified users. As a freestanding asset with on-site parking, it may appeal to organizations looking for a self-contained setting within walking and biking distance of transit.

Key Highlights

  • Free‑standing office building renovated in 2012; built in 1982
  • Currently configured with large team workspaces and private offices
  • Includes 10 private parking spaces

Property Analytics

Current Use

Focus Data Solutions Tech Support Center

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Mobile Phone Store Locksmith

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

6,803
Businesses Nearby

Demographics for 22314, VA

35,784
Population
21,154
Households
1.7
Avg Household Size
39
Median Age
79%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,671
Density / Sq Mi
$144,359
Median Household Income
$98,121
Median Earnings
$2,312
Median Rent
$856,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Renovated in 2012 with team workspaces, private offices, and 10 parking spaces near a Metro station.
Where is this office building located?
The property is located at 1020 Princess St Alexandria, VA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Free‑standing office building renovated in 2012; built in 1982; Currently configured with large team workspaces and private offices; Includes 10 private parking spaces
More about this property
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