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Key Details
Sold Price $2,150,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 3,436 sqft
Price per Sqft $625
MLS Listing ID VAFA2001602
Sold Date 12/22/23
Originating Board BRIGHT
Year Built 1860
Annual Tax Amount $12,535
Tax Year 2022
Lot Size 0.287 Acres
Acres 0.29
Property Description
First time to the market in 30+ years, very rare opportunity to secure a piece of prime real estate in the heart of the City of Falls Church. Located in the highly visible prime downtown area two doors down from West Broad St/rt 7 and half a block from City Hall, this property offers an exceptional opportunity for businesses and developers. Situated on a .29-acre lot, the property boasts substantial space for parking, making it convenient for customers and employees. The property features a two-story commercial freestanding building, providing approximately 3,500 square feet of finished space. With a wide variety of permitted business uses by right, entrepreneurs have the flexibility to repurpose the existing building or explore the potential for redevelopment. Additionally, the property benefits from its proximity to several mixed-use projects currently underway in the area including Broad and Washington Project (2 streets away), which will feature a 45,000 sq ft Wholefoods and 339 multi family units. Other major mixed use projects currently under construction include West Falls Church Project, and Modera Falls Church, providing an additional 850+ apartments and commercial/retail. This dynamic and growing little city ensures a thriving customer base and a vibrant business environment with superior connectivity to major highways, airports, mass transportation, and Downtown DC.
Location
State VA
County Falls Church City
Zoning OD-MCA
Interior
Hot Water Electric
Heating Central, Heat Pump(s)
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 15.0
Water Access N
Accessibility Ramp - Main Level
Total Parking Spaces 15
Garage N
Building
Lot Description Level, Open, Premium
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Falls Church City Public Schools
Others
Tax ID 51-106-005
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Non Member • Non Subscribing Office