Overview
- Commercial Sale
- 3036.00
- 1980
- VAFA2002378
- MLS#
Description
This prime commercial property in Falls Church, VA offers a lucrative investment opportunity. Located at 256 N Washington St, this three-story office building is currently leased to long-term tenants with leases extending until mid-2026 and 2027, ensuring stable rental income for the new owner.
The property is zoned B-1 (Business Limited) and is priced $68,700 below its tax-assessed value of $1,058,700, making it an enticing investment opportunity. The location provides high visibility on Washington St (Route 29), less than a mile from the East Falls Church Metro station. Nearby amenities enhancing convenience for both employees and clients.
Offered at $990,000, this property is priced below its tax-assessed value, presenting a rare chance to acquire a fee simple commercial asset with secure rental income and potential for future appreciation.
Address
Open on Google Maps- Address 256 N WASHINGTON ST
- City FALLS CHURCH
- State FALLS CHURCH CITY
- Zip/Postal Code 22046
- Area FALLS CHURCH CITY
- Country United States
Details
Updated on June 27, 2024 at 6:01 am- Property ID: 7198138
- Price: $990,000
- Property Size: 3036.00 Sqft
- Land Area: 0.03 Acres
- Year Built: 1980
- Property Type: Commercial Sale
- Property Status: For Sale
- MLS#: VAFA2002378
- Office Name: SAMSON PROPERTIES
- Agent Name: Ronald W Gallier II
- MLS Status: Active
Additional details
- Sewer: Public Sewer
- Cooling: Central A/C
- Heating: Central
- Tax Annual: 13975.00
- Tax Year: 2022
- Property SubType: Office
- New Construction: N
- Water Source: Public
- Accessibility: None
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