Historic Old Town charm in circa 1850s semi-detached brick colonial. Largest mixed-use property currently for sale in Old Town~at over 10,000 SF. Also one of the lowest priced on a square-footage basis at $370/SF. First floor is vacant commercial space but can be converted to residential under existing zoning. 2nd floor includes a recently renovated 2-BR loft-style apt, a 3-BR apt., and a commercial office. Plus 1-BR attic apt. Upper levels fully leased, generating $100K gross income. There are 4 fireplaces in all, skylights on the main floor, and a rear patio with access easement to S. Royal St. Vacant land at rear of lot could allow additional density for either residential or commercial expansion. Buyer should perform its own due diligence with City of Alexandria Dept. of Planning and Zoning to determine. Many possibilities exist for an owner/investor, plus bonus rental income to offset mortgage. Bring your architect!
© 2019 TREND, All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this website appears in part through the TREND Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Springer Realty Group participates, and is provided by TREND through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers 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 on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
Listing information last updated on May 22nd, 2019 at 10:31am EDT.