Large, light filled office condo for sale in prime downtown McLean! Annual Rent Roll of $75,000. Fully leased. Second floor 3-year lease with options begins 12/1/24 at $2,900 a month. Year 3 rent increases to $3,000. First floor leases of $1,800 and $1,500 (both under market value) are held by two doctors. CAP Rate could easily go to 8 with market rate rents on first floor. Each floor is set up as dual professional's offices with their own bath & waiting room. Large and freshly painted 2nd floor porch offers panoramic views of McLean and makes the perfect break area. A couple of blocks from Rte. 123 w/52,000 VPD. Located within one of Northern Virginia’s most exclusive and sought-after suburbs, this building offers affordable options for a variety of tenants or end user/investors. Perfect location for medical, legal, CPA, tech company, real estate office, title company plus the other uses allowed under C-6 zoning (Community Retail Commercial). Ground floor front office available for the first time in years. Office sharing also available, please inquire. Be a part of the vibrant and growing McLean Business District!
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Listing Snapshot
Price
$1,100,000
Days On Site
189 Days
Bedrooms
N/A
Inside Area (SqFt)
2,496 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1980
MLS® Number
VAFX2190330
Status
Active
Property Tax
$10,766
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
6 days ago
Price changed to $1,100,000
6 days ago
Listing updated with changes from the MLS®
6 months ago
Listing first seen on site
General Features
Parking Spaces
100
Property Sub Type
Office
Sewer
Public Sewer
SqFt Total
2496
Water Source
Public
Zoning
Condominium Office-general, Low Rise
Interior Features
Appliances
Electric Water Heater
Flooring
Carpet
Heating
Heat PumpElectric
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Exterior Features
Construction Details
Brick Veneer
Listing courtesy of Yeonas & Shafran Real Estate, LLC
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