610 MONTGOMERY STREET

ALEXANDRIA, VA, 22314

$1,815,000

$548 per ft²
$1,815,000
$548 per ft²
Sold
Sold
carpenters-square
3,312 ft²
property_type
Commercial
calendar
Built 1935
Important commercial opportunity for a restaurant operator or retail business owner to become part of a growing area known as Old Town North. Located just minutes from Washington, D.C., Alexandria is situated along the Potomac River, adjacent to Arlington with quick and easy access to the Pentagon, Crystal City, and Reagan National Airport (DCA). While Old Town is popular with tourists and known for its art galleries, antique shops, and red-brick sidewalks, northern Alexandria is described as a “suddenly bustling section of the city” by the Washington Business Journal and offers a variety of opportunities for residents to live, work, dine, and shop locally. This 3,312 SF property offered for sale has two floors which allows for flexibility. The entire space can be occupied by a single user or two different businesses can operate, one on each floor. The ground level is currently leased by the trendy Haute Dogs restaurant with a lease expiring in March 2022. The upper floor was recently occupied by a hair salon. This building is at one end of a block also occupied by T.J. Stone’s Grill & Tap Room and Hank and Mitzi’s Italian Kitchen. It sits next to a PNC Bank and across the street from the new rustic Oak Steakhouse, Wooboi Hot Chicken, St. Elmo’s Coffee Pub, and several other dining options like sushi and Thai restaurants. The Sheraton Suites Old Town is within a block and it’s a short walk to reach the Rivergate City Park and Oronoco Bay Park along the Potomac River. Just one block away, a developer has proposed a five-story, 73-unit building at the corner of North Columbus and Madison streets. The nearby Old Towne Hotel is being renovated into a new, five-story hotel, while the small Chinese restaurant next to it is slated to become a four-story, 13-unit mixed-use building. A recent article notes that the area is “one of the most underdeveloped locations within the historic district” of Old Town Alexandria, hinting at the demand for future growth. Property values and business revenue will continue to increase in this area overall.
MLS® ID:
VAAX2000392
Updated:
8/9/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
Hot Water

Exterior/Building Features

Lot Size
1,546 ft² lot
Lot Details
Level, Premium, Road Frontage
Sewer
Public Sewer

School Information

School District
ALEXANDRIA CITY PUBLIC SCHOOLS

Other Property Details

Taxes
$10056.00
Tax Frequency
per YEAR
Garage
No
Parking
N
View
Y
County
ALEXANDRIA CITY
Utilities
Electric Available, Sewer Available, Water Available
Water Source
Public
Pool
No
Total Stories
2
Zoning
CDX

Property History

Date
Event
Price
Value
7/9/22
Sold
-
-
7/9/22
Price Change
$1,815,000
-4%
6/1/22
Pending
-
-
4/18/22
Active Under Contract
-
-
3/28/22
Active
-
-
2/15/22
Active Under Contract
-
-
12/27/21
Active
-
-
11/26/21
Active Under Contract
-
-
10/2/21
Price Change
$1,895,000
-5%

Courtesy of CENTURY 21 Commercial New Millennium

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Data last updated 8:39 AM UTC, 8/9/22

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