228 And Alexandria, VA 22314
This exceptional 1,035 square foot office condo, located at 228 S Washington Street Unit B-10 in Alexandria, Virginia, presents a unique investment opportunity. Priced at $305,000, this property sits on a 0.22-acre lot and offers a versatile space perfect for a variety of uses. Currently configured as a basement-level unit, it's ideally suited for small businesses, startups, or professional practices such as general or medical offices, law firms, or consulting businesses. The property's prime location in the heart of Alexandria ensures high visibility and easy access to a thriving community. Its proximity to I-495 provides convenient access for commuters from both Maryland and Washington, D.C., enhancing its appeal to a wide range of potential tenants or owner-occupants. The unit's size and layout offer ample space for a variety of configurations, allowing for customization to meet specific business needs. This represents a rare chance to acquire a well-located, affordable commercial property in a highly desirable area of Northern Virginia. The property's versatility and convenient location make it an attractive investment for those seeking a strong return on investment in a growing market. Serious inquiries are encouraged to explore this exceptional opportunity further. Don't miss out on this chance to own a piece of Alexandria's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.