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Two-Story Office Condominium with Elevator
New
For Lease
$5,488/Mo

509 WYTHE STREET, Alexandria, VA 22314

Street-front office condo with updated flooring, elevator access, and two restrooms across two flexible levels.

Property Size4,292 SF
Days on Market3

Property Features for 509 WYTHE STREET

General Information

Standard status Active
Size 4,292 SF
Net Rentable 4,292 SF
Total Parking Spaces 6
Elevators Yes
Property subtype Office

Space & Availability

Available Space 4,292 SF
Contiguous Space 4,292 SF
Space Use Office
Condition Move-in Ready

Site & Location

Road Access Yes
Public Transit Yes

Building Details

Building Size 4,292 SF
Year Built 1996
Stories 2
Listing Agency: Marengo Realty, LLC
Listed By: Sophanna Lawson · License #0225251265
Source: Kerishull
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 31 at 11:11AM

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 Marengo Realty, LLC

Investment Insights

Based on property information with market context.

509 & 511 Wythe Street presents a two-story office condominium configured for flexible office use, totaling 4,292 square feet. The interior offers updated flooring and abundant natural light, with elevator access to support convenient movement throughout the space. There are two restrooms on site, aligning well with office and professional service needs. Built in 1996, the layout is designed to adapt to a range of business environments while maintaining practical functionality.

The property is street-front in Old Town North and includes six (6) covered and reserved parking spaces with direct rear access, an especially valuable feature where parking is limited. The location is also well positioned for commuting and client visits: it is two blocks from Washington Street, four blocks from the Potomac River waterfront, and less than half a mile from the Braddock Road Metro Station.

With its walkable urban setting and established nearby amenities, this office condominium supports day-to-day operations for a variety of professional uses seeking a central Old Town presence.

Key Highlights

  • 4,292 SF two‑story office condominium built in 1996
  • Updated flooring and abundant natural light
  • Elevator access for convenient building circulation

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Food Market Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store HVAC Service Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,182
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

Lease Benchmarks for Alexandria, VA

$35.91 /SF/Yr
Avg Asking Price
$3–$90 /SF/Yr
Price Range
22,276 SF
Avg Space Size

This space is priced 57% below the average of $35.91 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Street-front office condo with updated flooring, elevator access, and two restrooms across two flexible levels.
Where is this office units located?
The property is located at 509 WYTHE STREET Alexandria, VA.
What is the lease rate?
The lease rate is $5,488 /Mo.
What are key features of this property?
This property features: 4,292 SF two‑story office condominium built in 1996; Updated flooring and abundant natural light; Elevator access for convenient building circulation
More about this property
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