Alexandria, VA 22314,1216 PRINCE ST
Alexandria, VA 22314,1216 PRINCE ST
Alexandria, VA 22314,1216 PRINCE ST
Alexandria, VA 22314,1216 PRINCE ST
Alexandria, VA 22314,1216 PRINCE ST
Alexandria, VA 22314,1216 PRINCE ST
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$1,217,500

$1,249,000

2.5%
Est.Price: ?

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Est. payment /mo

2,440 SqFt


SOLD DATE : 03/30/2022

Key Details

Sold Price $1,217,500

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 2,440 sqft

Price per Sqft $498

Subdivision Old Town

MLS Listing ID VAAX2004100

Sold Date 03/30/22

Originating Board BRIGHT

Year Built 1850

Annual Tax Amount $15,391

Tax Year 2021

Lot Size 2,858 Sqft

Acres 0.07

Property Description

Outstanding opportunity to purchase a unique commercial building in historic Old Town Alexandria! Offering 2,440 finished sq ft and room for up to six cars in the private rear parking lot, this property was most recently occupied as professional office space and is currently vacant and ready for a new owner. Enjoy the charm, prestige, and walkability of this beautiful and historic three-level, brick, L-shaped, stand-alone townhome built in 1850. The private courtyard entrance brings your customers and staff through a decorative white picket fence and along a landscaped brick walkway to reach the main entrance. This could be the perfect new location for a professional services firm in law, lobbying, finance, investments, accounting, insurance, travel, international business, or real estate.

The main level entrance has a reception area off the foyer and three large high-ceiling offices with correspondingly large windows that flood the space with light and let in the charm of Old Town Alexandria. Due to its unique L-shape and stand-alone structure, two of the offices are corner offices with windows on two sides, and the third office is complemented by a large bank of windows. This beautiful layout is duplicated on the upper level for a total of six large offices above ground. There is an additional seventh office and separate work area/storage space downstairs in the finished basement. There are restrooms on the main and upper levels, with a wet bar/break area on the main level. This property features a metal roof, vaulted ceilings in the upstairs offices, built-in bookcases, and commercial grade carpeting throughout. The restrooms have been redone (2021) with new LVP flooring and new toilets. The gas water heater was replaced in 2020 and the entire HVAC system (inside and outside) was upgraded with a Trane equipment system in 2005 and remains in excellent working order. The property is zoned CL and is therefore residential by-right, so it also could be redeveloped as a single- or multi-family family residence. The property includes a 6-car parking lot behind the structure which offers significant potential for expansion of the building footprint. There is no HOA or condominium association for this property.

Ideally located on a quiet street in the historic area of Old Town and just one block off King Street, the main shopping, dining, and retail district, you’ll be only a half-mile from the Potomac River waterfront, Founders Park, Chart House restaurant, Torpedo Factory Art Center and City Marina. The King St-Old Town Metro Station, which is adjacent to the Hilton Alexandria Old Town and across the street from the Embassy Suites on Diagonal Road, is just a short 8 minute walk away. This neighborhood is a wonderful blend of residential, commercial, and retail and within a short walking distance of all the history and ambiance that Old Town has to offer, making it an ideal location for commercial or residential uses.

Location

State VA

County Alexandria City

Zoning CL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Fully Carpeted

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Waterfront N

Water Access N

View City, Courtyard

Roof Type Metal

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 6

Garage N

Building

Lot Description Landscaping

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Lyles-Crouch

Middle Schools George Washington

High Schools T.C. Williams

School District Alexandria City Public Schools

Others

Tax ID 074.01-10-06

Ownership Fee Simple

SqFt Source Assessor

Security Features Surveillance Sys

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Stephen M Karbelk • CENTURY 21 Commercial New Millennium
Bought with Melinda M. Conway • Long & Foster Real Estate, Inc.

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Michael Radie

Agent | License ID: 1863522,RS361363

+1(856) 558-3464 | mike@mikeradie.com

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