610 MONTGOMERY STREET
ALEXANDRIA , VA 22314
MLS#: VAAX2000392
$1,895,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1935
Sq.Footage
N/A
Important commercial opportunity for a restaurant operator or retail business owner to become part of a growing area known as Old Town North. Located just minutes from Washington, D.C., Alexandria is situated along the Potomac River, adjacent to Arlington with quick and easy access to the Pentagon, Crystal City, and Reagan National Airport (DCA). While Old Town is popular with tourists and known for its art galleries, antique shops, and red-brick sidewalks, northern Alexandria is described as a “suddenly bustling section of the city” by the Washington Business Journal and offers a variety of opportunities for residents to live, work, dine, and shop locally. This 3,312 SF property offered for sale has two floors which allows for flexibility. The entire space can be occupied by a single user or two different businesses can operate, one on each floor. The ground level is currently leased by the trendy Haute Dogs restaurant with a lease expiring in March 2022. The upper floor was recently occupied by a hair salon. This building is at one end of a block also occupied by T.J. Stone’s Grill & Tap Room and Hank and Mitzi’s Italian Kitchen. It sits next to a PNC Bank and across the street from the new rustic Oak Steakhouse, Wooboi Hot Chicken, St. Elmo’s Coffee Pub, and several other dining options like sushi and Thai restaurants. The Sheraton Suites Old Town is within a block and it’s a short walk to reach the Rivergate City Park and Oronoco Bay Park along the Potomac River. Just one block away, a developer has proposed a five-story, 73-unit building at the corner of North Columbus and Madison streets. The nearby Old Towne Hotel is being renovated into a new, five-story hotel, while the small Chinese restaurant next to it is slated to become a four-story, 13-unit mixed-use building. A recent article notes that the area is “one of the most underdeveloped locations within the historic district” of Old Town Alexandria, hinting at the demand for future growth. Property values and business revenue will continue to increase in this area overall.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
-
View
Street
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.04
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$1,895,000
-
Tax Amount
10056.0
-
Zoning
Commercial Downtown Zone ((Old Town North)
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Sewer
Public Sewer
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Location
County
ALEXANDRIA CITY
Elementary School
Middle School
High School
Listing Courtesy of Stephen M Karbelk , CENTURY 21 Commercial New Millennium
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AGENT
Lauren Seaton
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