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Property profile & analytics
FOR SALE
Office Units

4600 Duke St 419 / 420 Alexandria, VA 22304

Built 1967
Property ID
US87-Q051804
Property summary
AI-generated overview

Attention developers, seasoned investors, and business owners. Presenting a genuinely rare architectural opportunity to acquire a massive 2,898-square-foot lobby-level canvas inside the highly sought-after Forty Six Hundred condominium development. Comprising combined units 419 and 420, this expansive shell space offers unmatched structural versatility within the heart of the thriving Seminary Hill submarket. Whether your strategy dictates engineering a high-yield residential development project by restoring the footprint into two separate 3-bedroom, 2-bathroom luxury condominiums, or establishing a premier professional office space utilizing a built-in consumer base of over 450 residential units directly overhead, the underlying financial fundamentals remain exceptionally strong. Tucked into a quiet, highly accessible corner of the main entry level, this unique asset provides an optimal balance of daily functional privacy and effortless, elevator-free accessibility. The full-service building delivers an elite operational framework, featuring premium community elements such as a 24-hour concierge desk, secure access systems, an on-site fitness center, an expansive outdoor pool, dedicated meeting rooms, and professional on-site property management. For simplified financial planning, the monthly condominium fee comprehensively covers all primary utilities, including electricity, gas, central air conditioning, heating, water, and sewer services. Location placement is exceptionally convenient for commuters and operators alike. Residents and clients benefit from unparalleled neighborhood walkability, located immediately adjacent to the local Aldi grocery store and directly across the street from the bustling Foxchase Shopping Center, home to a 24-hour Harris Teeter, a CVS pharmacy, and varied retail options. Transport logistics are highly efficient: a dedicated DASH bus stop sits directly at the building's front entrance, offering rapid connections to both the Van Dorn Street Metro Station and the Eisenhower Avenue Metro Station. Furthermore, immediate access to the Interstate 395 corridor via Exit 3A ensures seamless travel to the Pentagon, Ronald Reagan Washington National Airport, and downtown Washington, D.C. Outdoor recreation is equally accessible, with the peaceful Holmes Run Trail and Ewald Park located just steps away. This property is being conveyed strictly in As-Is structural shell condition. Bring your architect, your commercial contractor, and your long-term portfolio vision to capitalize on the single largest footprint available within the entire development. Floor plans and specific association building regulations regarding the demising of units are readily available upon request. Cash or specialized commercial financing portfolio terms are preferred. bikeScore: 68, Bikeable walkScore: 79, Very Walkable transitScore: 48, Some Transit

Property profile
Verified
Property type Office Units
Year built 1967
UPID US87-Q051804
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 4600 Duke Street Condominiums Condominium Complex
  • 1 800 Bondsman Law Firm
  • Alexandria Firefighters Inc Advocacy Group
  • Bethesda Natural Pain Relief Clinic Physician
  • Queen braiding hair salon Alexandria Virginia Hair Salon
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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