Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1918
Sq.Footage
N/A
Land / Redevelopment Opportunity – South Glebe Offered for sale is a prime redevelopment site located in the South Glebe submarket, an infill corridor featuring a mix of convenience retail, neighborhood-serving commercial, and lower-density multifamily uses. The area is transitional in nature and experiencing ongoing infill activity. The property is improved with an older structure of uncertain use and occupancy; however, the offering is best considered a land value site, with the existing improvements assumed to be a scrape. There is currently one upper level apartment, currently occupied, with 2 bedrooms and 1 full bath. The site is surrounded by a variety of uses, including a national fast-food operator immediately adjacent, older townhomes to the rear, a smaller surface-parked multifamily property to one side, and neighborhood retail across the street. This diverse context supports a wide range of potential redevelopment scenarios. Potential Uses (Subject to Zoning & Approvals): 1. Retail pad or QSR development (sale or long-term ground lease) 2. Small-scale infill multifamily with surface or structured parking Assemblage opportunity with adjacent multifamily property for larger residential or mixed-use development This offering provides investors and developers with multiple paths to value creation in a well-located, evolving submarket.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s)
-
Heating YN
YES
-
Heating
Natural Gas, Hot Water, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
On Street, Unassigned, Private, Paved, Parking Lot, Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.26
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$1,399,000
-
Tax Amount
11108.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
MOUNT VERNON
-
Middle School
GEORGE WASHINGTON
-
High School
ALEXANDRIA CITY
Property Features
-
Sewer
Public Sewer
-
Tax Lot
65
-
Water Source
Public
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Location
County
ALEXANDRIA CITY
Elementary School
MOUNT VERNON
Middle School
GEORGE WASHINGTON
High School
ALEXANDRIA CITY
Listing Courtesy of Lee A Braun , Long & Foster Real Estate, Inc.
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AGENT
Laurie Hailey
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