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$319,900
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Property Description
Introducing a prime investment opportunity in the heart of Centreville, VA - 14641 Lee Highway, Unit 104. This meticulously maintained commercial retail/office condo, nestled within the esteemed CentreLee Business Park. Boasting a strategic location and impeccable tenant occupancy, this fully leased property offers stability and immediate return on investment. Currently in a 5 year lease through August 2025, with a reliable tenant in place, investors can secure steady cash flow from day one. The properties Net Operating Income (NOI) of $20,065 with a 3% annual rent escalation in October of 2024. With a competitive Capitalization Rate (Cap Rate) of 6.27%, this offering presents an enticing proposition for investors seeking attractive returns in today's market. Priced at $319,900, this investment opportunity promises both affordable investment entry point and growth potential. Featuring 1,250 square feet of open and meticulously designed space, the unit is fully built out. Currently a fashion Boutique and previously a pilates studio, the flexible I-5 zoning allows for many uses. Boasting bamboo wood and tile floors, abundant natural light, and a private interior bathroom, the space exudes both functionality and style. Its versatile layout accommodates a myriad of businesses, from offices to retail outlets, fitness facilities, schools, and beyond. Convenience is key, with a private entrance and ample parking ensuring ease of access for both tenants and customers alike. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a solid entry point into the commercial real estate market, this opportunity ticks all the boxes. Don't miss your chance to secure a stake in Centreville's thriving business landscape. Contact our dedicated listing agent today to schedule a showing and seize this exceptional investment opportunity.
Full Property Details
Full Property Details for 14641 Lee #104
General
- Sold For: $319,900
- Taxes: $3,504 (2025)
- Status: Closed
- Type: Business
- Source: BrightMLSMidAtlantic
- MLS ID: VAFX2172222
Property History
- 14641 Lee #104, Centreville, VA
- Sold $310,000 on 5/9/25
- Listed $319,900 on 4/3/24
Business
- Business Type: Other, School, Religious Facility, Recreation, Profess
Interior
- Flooring: Bamboo, Hardwood, Ceramic Tile
Rooms
Bathrooms
- Restrooms: 1
Parking
- Total Spaces: 10
- Parking Features: Paved Parking, Public
- Parking Type: Parking Lot
Location
- County: Fairfax
- Development Name: Centrelee Business Park
- Subdivision: Centrelee Business Park
- Driving Directions: 66 - 29S - L at 14641 Lee Hwy - Unit 104 is in building D in rear on 1st level
- Location Details: Business Park
School Information
- Elementary School: Bull Run
- Middle School: Stone
- High School: Westfield
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s)
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Cable TV Available, Sewer Available, Phone Available
Structural Information
- Construction: Stone, Brick
- Stories/Levels: 0
- Year Built: 2006
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Single
Lot Features
- Property View: Trees/Woods, Street
- Zoning: 550
Financial Considerations
- Price Per Sq. Ft.: $255.92
- Operating Expenses: $5,420
- Assessment Year: 2025
- County Tax: $3,072
- County Tax Freq: Annually
- Tax w/Assessment: $273,000
- Tax Amount: $3,504
- Tax Year: 2025
- Owner Pays: Taxes - Real Estate, Association Fees
- Landlord Pays: Taxes - Real Estate, Association Fees
Disclosures and Reports
- Ownership: Condominium
- Investment: Yes
Listed by Keller Williams Chantilly Ventures, Gayle T Bailey II
Sold by Realty ONE Group Capital, Juliet Y Lee
Get Pre-Approved Today
Schools
Schools serving 14641 Lee #104
School District:Fairfax County Public Schools
| Name | Grades | Distance |
|---|---|---|
Bull Run Elementary School 15301 Lee Highway, Centreville, VA 20121 | K-6 | 1.2 mi |
Liberty Middle School, Clifton, VA 6801 Union Mill Road, Clifton, VA 20124 | 7-8 | 2.8 mi |
Centreville High School 6001 Union Mill Road, Clifton, VA 20124 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
14641 Lee #104, Centreville, VA 20121 (MLS# VAFX2172222) is a Business property that was sold at $319,900 on May 09, 2025. Want to learn more about 14641 Lee #104? Do you have questions about finding other Business real estate for sale in Centreville? You can browse all Centreville real estate or contact a Coldwell Banker agent to request more information.

