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    277 S Washington St Alexandria, VA 22314

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    For Lease
    $46 SF/Yr

    5,800 SF restaurant space in prime corner location.

    Property size:
    5,800 SF
    Lot size:
    1.01 Acres

    Property Features for 277 S Washington St

    General Information

    Size
    5,800 SF
    Lot size
    1.01 Acres

    Source: Rappaport Agent Melissa Webb

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space with Patio Seating

    This 5,800 SF second-generation restaurant space is located on a prime corner, offering excellent visibility from both S. Washington Street and Duke Street. Ample patio seating is available. The trade area features a blend of retail, restaurants, residential spaces, offices, and hotels. The surrounding residential community is affluent, with average household incomes exceeding $172,816 within a 3-mile radius. This property is suitable for restaurant and retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    National Beer Wholesalers ... Association / Organization Association of Chamber of Commerce ... Association / Organization Bartoli Cain Wason ... Personal Injury Attorney Babcock & Jensen PC Attorney American Staffing Association Association / Organization

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Similar Places Nearby

    Oy Bagels!, Seasons Culinary Services Inc, Express Entree, Bittersweet Catering, Turkish Coffee Lady

    Location Insight

    • Map
    • Local Demand
    City
    Alexandria
    County
    Fairfax
    State
    Virginia
    Longitude
    -77.0476296
    Latitude
    38.8030054

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    FAQs

    What type of property is this?
    Restaurant - 5,800 SF restaurant space in prime corner location.
    Where is this restaurant located?
    The property is located at 277 S Washington St Alexandria, VA.
    What is the lease rate?
    The lease rate is $46 SF/Yr.
    What are key features of this property?
    This property features: - Prime corner location with excellent visibility.; - 5,800 SF second-generation restaurant space.; - Ample patio seating available.
    (571) 382-1200
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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
    277 S Washington St Alexandria, VA 22314
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