50 S Pickett St Alexandria, VA 22304

Built 1988

Individually Owned

Property ID

US87-3929408

No photos on file

For Lease

$5,000/Mo

50 S Pickett St, Alexandria, VA 22304

View Listing →

Google Maps

Two prime commercial condo units are available for sale at 50 S Pickett Street, Unit 223, Alexandria, VA. Each unit offers exceptional visibility within a bustling strip mall and boasts a low monthly condo fee of just $245. While individually priced at $275,000, both units (223 and the adjacent 225) can be purchased together for $550,000, totaling 1,286 square feet. Currently generating a combined monthly rental income of $3,200 on month-to-month leases, the property presents a strong investment opportunity. Comparable units in the area command $2,500 in monthly rent, suggesting potential for increased rental income. The units, remodeled in 2012, are situated in a densely populated area with convenient access to Washington, D.C., Old Town Alexandria, Arlington, Springfield, and Maryland. Ample parking is available on-site. This exceptional location is further enhanced by its proximity to Cameron Station and its half-mile distance from Alexandria's new Landmark development. The property's high visibility and strong rental income make it an ideal investment for both seasoned investors and owner-occupiers seeking a strategic location in a thriving market. This is a rare opportunity to acquire a well-maintained, income-producing property in a highly desirable area.