$1,002,700
$1,095,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
116 S PITT ST Alexandria, VA 22314
2,369 SqFt
Key Details
Sold Price $1,002,700
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,369 sqft
Price per Sqft $423
Subdivision Old Town Historic
MLS Listing ID VAAX246482
Sold Date 09/29/20
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $10,417
Tax Year 2020
Lot Size 1,640 Sqft
Acres 0.04
Property Description
Rare to market, this charming Victorian end-row townhouse benefits from CD (Commercial Downtown) zoning, a bonus for a new owner in that either residential, retail, office or other commercial use is allowed. It was previously occupied by a retail tenant for 14 years, proving its viability as an income property. Also ideal for a "live-work" opportunity, with a professional office on the first floor (e.g. attorney, health care professional, architect, financial services, etc.) and residential above. The wide ground-level window offers great visibility for a variety of businesses, including real estate firms, food, retail and personal services, boutiques, trade associations, etc. All uses must comply with local zoning and permitting rules. Check with City of Alexandria to confirm. City tax records show year built as 1880; map records indicate circa 1891-96. Easy access to National Airport, future Amazon HQ2 at National Landing in Crystal City, Virginia Tech's planned Innovation Campus, the Pentagon and Washington, DC. Public parking garage across street, in addition to street parking. Extra visibility available for your business: The City has installed a permanent "wayfinding" sign structure at the corner of King St. and S. Pitt St. to direct pedestrians to businesses on the side street. Eligible businesses include restaurants, retail uses and retail-oriented businesses including personal services uses. Currently unfurnished/unoccupied. Only available for tour by appointment to ensure your safety. During viewings, general guidance concerning COVID-19 needs to be followed (masks, distancing, etc.). Please consult/follow public health information, all applicable executive orders, and federal, state, and local government and agency guidance. See 3D tour link for your personal virtual tour.
Location
State VA
County Alexandria City
Zoning CD
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Central A/C
Flooring Hardwood, Carpet
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Roof Type Flat,Rubber
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Alexandria City Public Schools
Others
Tax ID 074.02-07-14
Ownership Fee Simple
SqFt Source Assessor
Security Features Security System
Special Listing Condition Standard
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Bought with VLADIMIR DALLENBACH • TTR Sotheby's International Realty