Renovated Four-Level Office
New
For Sale
Contact for pricing
130 N Fayette Street, Alexandria, VA 22314
A furnished, wired workspace includes access-controlled entry, updated building systems, and two off-street parking spaces.
Property Size3,507 SF
Price / SF$0.01
Days on Market4
Property Features for 130 N Fayette Street
General Information
Standard status
Active
Size
3,507 SF
Total Parking Spaces
2
Property subtype
Commercial
Zoning
CD
Lease Term
Negotiable
Site & Location
Neighborhood
Braddock Road Metro Station
Amenities
Natural Gas
1
Yes
3507
4
3
Public
0.04
No
Assessor
Driveway,On Street
Paved Parking,Private
2
3507.00
Building Details
Year Built
1929
Listing Agency:
Summit Commercial Real Estate, LLC.
(202) 289-5400
Listed By:
John P Duffy · License #DC0225206421
(202) 255-0746
Source:
Thetristaterealestategroup
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 12:27PM
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 Summit Commercial Real Estate, LLC.
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Investment Insights
Based on property information with market context.
This four-level office building totals 3,507 square feet and was renovated in 2018. The property includes electronic access control on each level, a kitchenette, three bathrooms, several IT and storage rooms, and a rooftop deck. Modern HVAC, mechanical, electrical, and plumbing systems serve a wired, furnished interior. Two off-street parking spaces are provided, with additional on-street parking noted.
The corner property is one block from King Street and within walking distance of the King Street Metro and VRE. It is zoned CD.
The corner property is one block from King Street and within walking distance of the King Street Metro and VRE. It is zoned CD.
Key Highlights
- 3,507‑square‑foot office building across four levels
- Renovated in 2018; built in 1929
- Two off‑street parking spaces, with on‑street parking also noted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,956
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,120
$939.1K
Cap Rate 7%
$670,800
$670.8K
Cap Rate 9%
$521,733
$521.7K
Market Conditions
NOI Build-Up for 3,507 SF
Gross rent
$73.2K $20.88/SF
− Vacancy
−$10.6K −$3.03/SF
EGI
$62.6K $17.85/SF
− OpEx
−$15.7K −$4.46/SF
NOI
$47.0K $13.39/SF
Area
Alexandria, VA
Vacancy
14.50%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,120
Cap Rate 7%
$670,800
Cap Rate 9%
$521,733
Alternative Uses
Best Use
Office B
$670.8K
$587.0K – $782.6K
NOI $46,956 @ 7.0% cap · market cap 104,346.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.95M
$1.70M – $2.27M
NOI $136,352 @ 7.0% cap · market cap 303,004.44%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
6,642
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A furnished, wired workspace includes access-controlled entry, updated building systems, and two off-street parking spaces.
Where is this office building located?
The property is located at 130 N Fayette Street Alexandria, VA.
What are key features of this property?
This property features: 3,507‑square‑foot office building across four levels; Renovated in 2018; built in 1929; Two off‑street parking spaces, with on‑street parking also noted
