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    1505 King St Alexandria, VA 22314

    Sponsored
    For Sale
    $1,150,000

    Old Town Alexandria Commercial Property

    Property size:
    2,100 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property at 1505 King Street in Alexandria, Virginia presents a unique investment opportunity. Built in 1925 and renovated in 1980, this 2,100 square foot building sits on a 0.05-acre lot in the desirable KR zoning district. The property boasts excellent visibility and accessibility, located just two blocks from the Metro. The interior features a well-designed layout, including five offices, a waiting room, a kitchenette, and powder rooms on both the main and upper levels. The approximately 1,656 square feet above grade is complemented by 500 square feet of basement storage. Architectural details include exposed brick and substantial wood trim. The property includes 4-5 private parking spaces in the rear, adding significant convenience. Modern amenities such as central air conditioning, forced air heating, and natural gas hot water are also included. With a maximum Floor Area Ratio (FAR) of 1.25, the property allows for up to 2,722.5 square feet of building area, offering potential for expansion or redevelopment. Its prime location in Old Town Alexandria, combined with its versatile space and historic charm, makes this a truly remarkable commercial property suitable for a variety of uses, including law firms, boutique retail, or conversion into a cafГ© or luxury services business. This turnkey property is ready for immediate occupancy.

    Property Features for 1505 King St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,100 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1925
    Property Profile Location Intelligence

    Current Use by Public Records

    madeline ivanchenko Mental Health Service Michael R Dudis, ... Psychologist Alexandria Psychotherapy and Consultation ... Psychologist Robert Simmons, Ph.D. ... Psychologist Turning Point Counseling ... Mental Health Service

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Alexandria City
    State
    Virginia
    Longitude
    -77.05595
    Latitude
    38.8064

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    FAQs

    What type of property is this?
    Mixed-use property - Old Town Alexandria Commercial Property
    Where is this mixed-use property located?
    The property is located at 1505 King St Alexandria, VA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    (703) 214-5100
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    1505 King St Alexandria, VA 22314
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    Alexandria, VA 22314
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1505 King St Alexandria, VA 22314
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