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2300 N Pershing Drive #A, Arlington, VA 22201
$1,255,000
2300 N Pershing Drive #A, Arlington, VA 22201View this property at 2300 N Pershing Drive #A, Arlington, VA 22201
2300 N Pershing Drive #AArlingtonVA22201
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Property Description
Presenting an exceptional commercial real estate opportunity at the corner of N. Pershing and N. Wayne in Arlington, this former restaurant is available for new ownership. Located in the thriving neighborhood of Lyon Park surrounded by luxury apartments and an array of shops including Bon Chon, El Fuego, Paisano's, plus beauty salons and nail shops, this property enjoys a prime spot in the heart of the action close to Fort Myer. Step inside to discover an 18' x 48' dining area with a welcoming tile floor and a high, open ceiling, creating an airy atmosphere. The property is being sold in "As Is" condition with all existing furniture, fixtures, and equipment (FF&E) currently on site. The property comes with a comprehensive set of kitchen and restaurant equipment, including deli cases, a beverage case, commercial kitchen appliances, a Point of Sale (POS) system, and more. The kitchen boasts essential equipment such as an AutoDoner vertical broiler, deep fryer, flat top grill, rotisserie, two Rational convection ovens, and two CaptiveAire hoods with Ansul fire suppression, ensuring efficient and safe food preparation. Other features include a Hobart commercial dishwasher, a large 3-sink dishwashing station, and a Delfield prep table. Food storage is well-covered with two 3-door freezers, one of which is a True brand, and a True brand two-door stand-alone refrigerator. All equipment is approximately 15 years old, installed in 2008. Additionally, the dining room includes two TVs, a half dozen cameras, and sound speakers catering to entertainment and security requirements. The interior furnishings include approximately 11 regular tables, 5 high top tables, and 34 chairs, offering flexibility in terms of seating arrangement. There are two bathrooms and a rear office and storage closet. Parking is convenient with a large, free parking lot located behind the building. The property also features a large 800 SF outdoor patio seating area, providing an inviting space for al fresco dining. The condo fee is $1,003.63 per month. Whether you aspire to launch a new culinary venture or plan to adapt the space for alternative uses, this real estate opportunity offers great potential. This property is being sold by a Bankruptcy Trustee. There is a pending offer subject to higher and better bids. The sale hearing date is scheduled for Tuesday, December 19th @ 11am. Contact listing agent for details.
Full Property Details
Full Property Details for 2300 N Pershing Dr #A
General
- Sold For: $1,255,000
- Taxes: $8,912 (2020)
- Status: Closed
- Type: Business
- MLS ID: VAAR2036874
- Added to Site: 240 day(s) ago
Business
- Business Type: Recreation
Rooms
Bathrooms
- Restrooms: 2
Additional Information
- Security/Safety: Surveillance Sys
Parking
- Total Spaces: 20
- Parking Features: Surface, Unassigned
- Parking Type: Parking Lot
Location
- County: Arlington
- Development Name: Lyon Park
- Subdivision: Lyon Park
- Driving Directions: Corner of N. Pershing and N. Wayne in Lyon Park area, near Fort Myer. Free parking lot is available in the rear behind the building.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Year Built: 2004
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Zoning: C-1
Financial Considerations
- Price Per Sq. Ft.: $696.46
- Assessment Year: 2020
- County Tax: $8,811
- County Tax Freq: Annually
- Tax w/Assessment: $774,300
- Tax Amount: $8,912
- Tax Year: 2020
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Condominium
Listed by CENTURY 21 Commercial New Millennium, Stephen M Karbelk
Sold by CENTURY 21 New Millennium, Stephen M Karbelk
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Schools
Schools serving 2300 N Pershing Dr #A
School District:Arlington County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
33 N Fillmore St, Arlington, VA 22201 | PK-5 | 0.4 mi | |
125 S Old Glebe Rd, Arlington, VA 22204 | 6-8 | 0.9 mi | |
1301 N Stafford St, Arlington, VA 22201 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2300 N Pershing Dr #A
Date
Details
Price
Change
Source
1/02/2024
Sold
$1,255,000
4.58%
MLS
10/12/2023
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2300 N Pershing Drive #A, Arlington, VA 22201 (MLS# VAAR2036874) is a Business property that was sold at $1,255,000 on January 02, 2024. Want to learn more about 2300 N Pershing Drive #A? Do you have questions about finding other Business real estate for sale in Arlington? You can browse all Arlington real estate or contact a Coldwell Banker agent to request more information.