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323 S Washington Street, Alexandria, VA 22314
$2,180,000
323 S Washington Street, Alexandria, VA 22314View this property at 323 S Washington Street, Alexandria, VA 22314
323 S Washington StreetAlexandriaVA22314
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Property Description
over 2100 finished square feet of main and lower level commercial or retail space plus TWO 1100 square ft 2 bedroom/2 full bath apartments/airbnb/vrbos plus TWO parking spaces!! Seller has spared no expense remodeling and updating this building with almost $1 million in recent improvements. Over 4200 total square feet. Recent improvements include painting, new flooring, new doors, plumbing, electrical, heaved up electrical services allowing each unit to be separately metered, interior sprinkler system installed & larger water service installed to accommodate sprinkler system. Rear roof replaced, 5 new bathrooms, 2 new kitchens and appliances, washer/dryers in each apartment. New rear staircase made of steel, 2 new hot water heaters for each apartment, installed fire rate ceiling system between commercial and residential spaces consisting of double layered 5/8'' fire rated drywall separated by metal hat channel. Preventative sump pump installed in lower level. Most windows replaced and historic windows on front were reworked and weather stripped. All new interior doors and millwork except where owner was able to salvage in the front. Spray foam insulation between floors for noise reduction. Access the 2 apartments from the rear of the building, not entering or disturbing main floor commercial space. Top floor apartment has pull down attic with tons of storage. Buy the whole building, run your business out of the main and lower floor and then rent the 2 residential units for immediate cash flow.
Full Property Details
Full Property Details for 323 S Washington St
General
- Sold For: $2,180,000
- Taxes: $13,077 (2023)
- Status: Closed
- Type: Retail
- MLS ID: VAAX2030348
- Added to Site: 114 day(s) ago
Business
- Business Type: Other/General Retail
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Restrooms: 5
Additional Information
- Security/Safety: Sprinkler System - Indoor
Parking
- Total Spaces: 2
- Parking Features: Lighted Parking
- Parking Type: On Street, Parking Lot
Location
- County: Alexandria City
- Driving Directions: From intersection of King St and Washington Street, go south 3 blocks and find the entrance of 323 S Washington through the green metal gate.
- Location Details: Urban
- City Limits: Yes
School Information
- Elementary School: Lyles-Crouch
- Middle School: George Washington
- High School: T.C. Williams
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Year Built: 1853
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: City, Street
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,585
- Lot Size Source: Assessor
- Street/Road Desc.: Paved
- Zoning: CD
Financial Considerations
- Price Per Sq. Ft.: $557.8
- Assessment Year: 2023
- City/TownTax: $13,077
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,231,650
- Tax Amount: $13,077
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Inclusions: 2 Parking Spots.
- Lot Number: 500
Listed by TTR Sotheby's International Realty, Phyllis G Patterson
Sold by Nhabit Real Estate Co., Anita E DiPietro
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Schools
Schools serving 323 S Washington St
School District:Alexandria City Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
530 S Saint Asaph St, Alexandria, VA 22314 | K-5 | 0.2 mi | |
1005 Mount Vernon Ave, Alexandria, VA 22301 | 6-8 | 1 mi | |
3330 King St, Alexandria, VA 22302 | 10-12 | 2.5 mi | |
Alexandria City High School Minnie Howard Campus
3801 W Braddock Rd, Alexandria, VA 22302 | 9-9 | 3.1 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 323 S Washington St
Date
Details
Price
Change
Source
2/22/2024
Sold
$2,180,000
-7.23%
MLS
1/17/2024
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
323 S Washington Street, Alexandria, VA 22314 (MLS# VAAX2030348) is a Retail property that was sold at $2,180,000 on February 22, 2024. Want to learn more about 323 S Washington Street? Do you have questions about finding other Retail real estate for sale in Alexandria? You can browse all Alexandria real estate or contact a Coldwell Banker agent to request more information.