107 North Fairfax Street
107 N Fairfax Street
Alexandria, VA 22314
Highlights
- 3,725 SF, zoned for Commercial/Residential use
- Prime Old Town Alexandria location
- First Floor Retail + 2 Residential Units on upper level
- NOI Proforma- $134,931
- Permit parking on street + nearby garage parking
Description
Prime location Old Town Alexandria, across the Market Square and two blocks from the iconic waterfront consisting of 3725 SF zoned for commercial/mixed use. Featuring a street level retail space with outdoor patio, and 2 upper level residential units, including rooftop deck. The property has been impressively renovated and updated. The first floor retail is currently leased to a successful business thru January 2026 with a renwal option. The two upper level residential units have been leased as a Airbnb rental and short term rentals with a 5% increase in revenue annually. The upper level has been owner occupied and will be leased as of 7/1/2024. Potential for expansion. Permitted parking by City for residents on street zone - up to 3 spaces.
Prime location in the heart of Old Town Alexandria, across the Market Square and
two blocks from the iconic waterfront
Documents
Floor Plan 107 N Fairfax Alexandria VA.pdf107 N Fairfax Brochure_Alexandria VA.pdf
