Property summary
This exceptional retail property, located at 108 Church St NE in Vienna, Virginia (22180), presents a unique opportunity to acquire a thriving, established business. The 2,250 square foot building, constructed in 1922, sits on a 0.12-acre lot and is zoned for pedestrian commercial use (APN: 0384 02 0106). The property boasts a prime downtown location, offering excellent walkability to Vienna's amenities and proximity to major employment centers like Tysons Corner and Washington, D.C. The current business, a fully operational spa and nail salon, includes all fixtures, furniture, and equipment (FF&E). The layout comprises nail and salon services on the main level, massage services upstairs, and storage in the lower level. Operating successfully for over 13 years, the business benefits from a loyal, affluent clientele with average household incomes exceeding $280,000 annually within a one-mile radius. This turnkey operation offers immediate income potential and is priced at $1,780,000. A sale-leaseback option is not available.
Property profile
VerifiedCap rate & NOI
Current use
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Spa & Massage Center
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Vienna market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C-1B(PEDESTRIAN COMMERCIA · Vienna, VAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-1B(PEDESTRIAN COMMERCIA in Vienna, VA.
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Find the owner behind the property.
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