109-111 South Fairfax Street, Alexandria, VA for sale

Investment Overview

Introducing an exceptional investment opportunity at 109-111 South Fairfax Street, Alexandria, VA. This historic 4,560 SF building, dating back to 1770, offers a prime location in the heart of Northern Virginia's Commercial Downtown district. The property boasts 100% occupancy with multiple tenants, presenting an ideal income-producing asset. With room for rent growth and management efficiencies, as well as the potential for operating expense sharing through new leasing agreements, this property offers a solid foundation for a savvy investor. All tenants are currently on month-to-month leases, providing flexibility for future plans and one lease expiration. This is a rare chance to acquire a piece of history with substantial investment potential.

Investment Highlights

• Multiple tenants
• Room for rent growth and management efficiencies
• Opportunity for op/ex sharing with new leasing
• All tenants are month to month with one lease expiration