300 N Patrick Street, Alexandria, VA 22314
For-sale conventional restaurant building on N Patrick Street, suited for an operator seeking a dedicated food service use.
- Added:
- Sep 3, 2025
- Days on Market:
- 290
- Last Refresh:
- Jun 15 at 6:12 am
Property Features for 300 N Patrick Street
General Information
- Standard status
- Active
- Size
- 3,226 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1940
Listing agent Michael Porterfield License #0225044112 (703) 836-6555
Listing office Tartan Properties, Inc. (703) 836-6555
Listing date Sep 3, 2025
Source Xome
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.
HighLights
- Conventional restaurant building on N Patrick Street
- Dedicated food service use
- Year built: 1940
- Central air cooling
- On‑street parking available
- Zoning: CL
Overview
The site is located at 300 N Patrick Street in Alexandria, Virginia. Its address provides straightforward access for deliveries and customer traffic using nearby street connections associated with Patrick Street.
For buyers and restaurant operators, the property’s configuration as a conventional restaurant supports continuity for food service use. It may also appeal to investors or owner-operators evaluating a restaurant-focused acquisition within Alexandria. Please note that additional details on interior layout, kitchen equipment, seating, and other improvements are not included in the information provided.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $174.2k | $54.00 |
| − Vacancy | −$7.0k | −$2.16 |
| EGI | $167.2k | $51.84 |
| − OpEx | −$41.8k | −$12.96 |
| NOI | $125.4k | $38.88 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Namaste JALSA Bar &Restaurant — 1504 King St, Alexandria, VA 22314
Location Insight
- Map
- Local Demand
- City
- Alexandria
- County
- Fairfax
- State
- Virginia
- Longitude
- -77.0499032
- Latitude
- 38.8078954
