1317 King Street

    ALEXANDRIA, VA 22314
    • $1,299,000
    • STATUS: Active
    • ON SITE: 33 days
    • ID#: VAAX100420
    Price Reduced
    $1,299,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,640
      SQFT
    • $492
      $/SQFT
    Type:
    Commercial
    Built:
    1810
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Investment opportunity with 7.07% cap rate. Completely remodeled in 2017. Plaqued 1810 federal-style historic building located in the heart of Old Town. 6 blocks from King Street Metro & surrounded by shops and restaurants. Set back from King Street with lovely fenced front lawn & new landscaping. Modern offices and 2 elegant, statement-making conference rooms with working fireplaces & built-in shelving. Full kitchen with new cabinets, stainless steel appliances & breakfast bar. Restored original hardwood floors & high ceilings. Storage room with washer & dryer. 1 office on main level & 5 offices upstairs. 2 half baths. 4+ off-street parking spaces. KR zoning with many options for use.

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    ©2018 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2018-12-12T23:56:35.763.
    www.darthomes.com/homes/89289073

    1317 King Street ALEXANDRIA, VA 22314

    • Price: $1,299,000
    • Status: Active
    • ID#: VAAX100420
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,640
    SQFT
    $492
    $/SQFT
    1810
    Built
    County:
    Alexandria City
    Elementary School:
    Jefferson-Houston
    Middle School:
    George Washington
    High School:
    T.C. Williams
    School District:
    Alexandria City Public Schools
    Property Description
    Investment opportunity with 7.07% cap rate. Completely remodeled in 2017. Plaqued 1810 federal-style historic building located in the heart of Old Town. 6 blocks from King Street Metro & surrounded by shops and restaurants. Set back from King Street with lovely fenced front lawn & new landscaping. Modern offices and 2 elegant, statement-making conference rooms with working fireplaces & built-in shelving. Full kitchen with new cabinets, stainless steel appliances & breakfast bar. Restored original hardwood floors & high ceilings. Storage room with washer & dryer. 1 office on main level & 5 offices upstairs. 2 half baths. 4+ off-street parking spaces. KR zoning with many options for use.
    Exterior Features

    Construction Materials Brick Door Features Six Panel Fencing Decorative Garage YN No Lot Features Front Yard Other Structures Above GradeBelow Grade Parking Types Off Street Property Condition Renov/RemodShows Well Riparian Rights YN No Roof Architectural Shingle View City Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Below Grade Finished Area 0 Below Grade Unfinished Area 0 Building Area Total 2640.00 Cooling Central A/C Flooring HardwoodCarpetTile/Brick Heating Forced AirWall Unit Heating YN Yes Inclusions 4 + Parking Spaces included. Living Area 2640 Net Square Feet 2640.00 Security Features Main Entrance Lock

    Property Features

    Accessibility Features None Annual Gross Expense 16000.00 Assessment Year 2018 Association YN No Business Type Investment Central Air YN Yes Cooling Fuel Electric Gross Income 108000.00 Heating Fuel Natural Gas Hot Water Natural Gas Incorporated City Name Old Town Insurance Expense 2269.00 Lease Considered YN No Navigable Water YN N Net Operating Income 92000.00 New Construction YN No Operating Expense 16000.00 Operating Expense Includes Insurance Original MLSNumber 300984703227 Owner Pays Taxes - Real Estate Ownership Interest Fee Simple Possession SettlementNegotiable Property Sub Type Office Sale Type Standard Sewer Public Sewer Tax Annual Amount 12786.0 Tax Assessment Amount 1131550.0 Tax Lot N Total Actual Rent 108000.00 Vacation Rental YN No Water Source Public Year Built Effective 2017 Zoning Kr Zoning Description King Street Urban Retail Zone

    Listing courtesy of Ttr Sotheby's International Realty.
    ©2018 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2018-12-12T23:56:35.763.
     
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