Investment Overview
720 N. St. Asaph Street transforms a former three-story office building into a boutique four-story property: twelve new residential condominium residences above two brand-new ground-floor retail condominiums. The retail level is being delivered as a cold, dark shell with full glass storefront, 25 feet of frontage and building signage per bay, and 10’-5” slab-to-slab ceiling heights. Each unit is ADA accessible and delivered with its own ADA restroom.
Each retail condominium conveys with one deeded parking space, and the two units share access to eight additional exclusive customer parking spaces on site — ten dedicated spaces serving retail in total. The units are offered for sale separately and are well suited to personal-services and boutique retail uses: salons, cosmetic boutiques, coffee shops not requiring venting, and fitness, pilates, or yoga studios.
Ownership rarely comes available in this corridor. Old Town North sits between historic Old Town Alexandria and the Potomac River waterfront, minutes from downtown Washington, DC, in a neighborhood that continues to add residential density, walkable retail, and public waterfront access.
Investment Highlights
- SALE PRICE: Priced Upon Request
- UNITS OFFERED: Sold separately
- UNIT A: 1,378 SF
- UNIT B: 1,243 SF
- CONDITION AT DELIVERY: Cold, dark shell. 1 ADA bathroom
- CEILING HEIGHT: 10’-5” slab to slab
- FRONTAGE: 25' per unit glass storefront
- DEEDED PARKING: 1 space per unit
- SHARED CUSTOMER PARKING: 8 exclusive spaces
- ACCESSIBILITY: ADA accessible
- ANTICIPATED DELIVERY: Spring 2027
- ZONING: CDX