2401 Huntington Ave Alexandria, VA 22303

Property Details for 2401 Huntington Ave

Year built

1948

Property size

2,800 SF

Property type

Commercial real estate

Description

This exceptional redevelopment opportunity presents a unique chance to acquire a mixed-use property in the heart of Alexandria, Virginia. Located at 2401 Huntington Ave, this corner lot encompasses two buildings totaling 2,800 square feet, situated on a single parcel with two addresses: 2401 Huntington Ave and 5730 Biscayne Dr. The property features three units, each offering a unique configuration. Two units boast two bedrooms/offices upstairs, complemented by a bathroom and kitchen on the main level. A finished basement provides an additional unit, adding to the property's versatility. Built in 1948, the property is currently zoned C-5, offering significant potential for various uses. Its prime location provides easy access to the Huntington Metro station (less than a 5-minute walk), placing it within close proximity to major transportation arteries, including I-495 and Richmond Highway. The asking price is $1,180,000. This three-story, Class C property presents a compelling investment opportunity for owner-users seeking a high-return project in a rapidly developing area. The existing structure, while previously residential, offers a solid foundation for a creative redevelopment plan, capitalizing on the property's strategic location and flexible zoning. This is an ideal opportunity for an investor seeking to capitalize on the strong Alexandria market.