705 Prince St, ALEXANDRIA

$975,000

0 Bed
0 Bath
2,200 Sqft
.05 Acre
2 Parking

Quintessential Old Town property in prime location! One block to King Street, halfway between King Street Metro and the newly developed waterfront and only 3 miles to Reagan Airport. Built in 1900 this building features exposed brick walls and gorgeous window detail giving it Old Town charm galore. Three level townhouse with off street parking for two cars. Open concept floor plan flooded with natural light has endless possibilities. Building currently features 2 separate business spaces; one on the main level, second space on the upper level and basement for lots of storage. Zoned mixed use, the options for this space are limitless. For starters, the English basement has private outside entrance so easily finish the space for a third business. Is the limited residential inventory causing you heartache? Convert the entire building into residential (like your neighbor at 707 Prince Street) and enjoy the prime location, walkability and off-street parking right in the heart of Old Town. This building also offers the perfect setup for an owner to have a business upstairs while generating income from the tenant on the main level. Are you downsizing your business or looking for more space outside of your most recent home office? This space is just right! Great combination of closed-door rooms plus plenty of open space where employees can spread out. No matter your commercial or residential needs, if you want to be in old town, touring this property is a must! Current tenant renewing lease and will be in property another year but is expected to want to stay longer, if possible. No interest in long term tenant, this gives you a year to design and work with the City to make the building your own.

Essential Information
MLS® #VAAX260448
Price$975,000
Bathrooms0.00
Square Footage2,200
Acres0.05
Year Built1900
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive Under Contract
Community Information
Address705 Prince St
CityALEXANDRIA
CountyALEXANDRIA CITY-VA
StateVA
Zip Code22314
Amenities
ParkingPaved Parking
Parking Spaces2
Interior
HeatingCentral
CoolingCentral A/C
Exterior
ExteriorBrick and Siding
School Information
DistrictALEXANDRIA CITY PUBLIC SCHOOLS
Additional Information
ZoningRM
Condo Fees$0
HOA Fees$0
Office

Long & Foster Real Estate, Inc.

Property History
Status Changed from Active to Active Under Contract
Price Reduced from $1,050,000 to $975,000
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Listing information last updated on October 16th, 2021 at 11:30pm EDT.