UPDATED:
10/21/2024 05:07 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 1,250 sqft
Price per Sqft $255
Subdivision Centrelee Business Park
MLS Listing ID VAFX2172222
Originating Board BRIGHT
Year Built 2006
Annual Tax Amount $3,370
Tax Year 2024
Property Description
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.
Location
State VA
County Fairfax
Zoning 550
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Bamboo, Hardwood, Ceramic Tile
Heat Source Electric
Exterior
Garage Spaces 10.0
Utilities Available Electric Available, Cable TV Available, Sewer Available, Phone Available
Waterfront N
Water Access N
View Trees/Woods, Street
Accessibility 36\"+ wide Halls, No Stairs, Level Entry - Main
Parking Type Parking Lot
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Bull Run
Middle Schools Stone
High Schools Westfield
School District Fairfax County Public Schools
Others
Tax ID 0543 30D 0104
Ownership Condominium
Special Listing Condition Standard
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