Property summary
This exceptional 2,130 sq ft retail property in Alexandria, VA's historic Old Town, is listed at $1,490,000 ($699.53/sq ft). Built in 1800, this three-story building boasts a meticulously maintained exterior and numerous recent upgrades, including a new AC system (2020-21), a replaced gas furnace (2009), and hot water heater (2012). The rear windows were replaced in 2011, and the metal roof has been resurfaced and caulked multiple times since 2011. A concrete floor was installed in the dry basement in 2011, providing ample storage. The second-floor kitchen was also replaced in 2011. The property features original hardwood floors on the second and third levels and four fireplaces. Zoned CD, this versatile space is ideal for a one- or two-level retail business, a live-work setup, or conversion back into a charming single-family home with expansion potential. A stunning courtyard garden provides an exceptional amenity. Located across from City Hall and two blocks from the waterfront, this property offers unparalleled visibility and foot traffic in a bustling tourist and shopping district. The property will be vacant at settlement. The lot size is 2,925 sq ft.
Property profile
VerifiedCap rate & NOI
Current use
-
Clothing Store
Location
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CD - COMMERCIAL DOWNTOWN · Alexandria, 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 CD - COMMERCIAL DOWNTOWN in Alexandria, VA.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.