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120 Payne Street S
Alexandria, VA 22314

  • $2,495,000
  • STATUS: Active
  • ON SITE: 282 days
  • ID#: AX9662239
UPDATED: 79 min ago
$2,495,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,208
    SQFT
  • $479
    $/SQFT
Neighborhood: Old
Type: Commercial
Built: 1816
County: Alexandria City
Area: Alexandria City

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The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than Pearson Smith Realty are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-02-26T17:15:07.863.

Pearson Smith Realty: 571-386-1075

www.e4realty.com/homes/62861622

120 Payne Street S Alexandria, VA 22314

  • Price: $2,495,000
  • Status: Active
  • Updated: 79 min ago
  • ID#: AX9662239
0
Beds
0
Baths
0
½ Baths
0.13
Acres
5,208
SQFT
$479
$/SQFT
1816
Built
Neighborhood:
Old
County:
Alexandria City
Area:
Alexandria City
Property Description
INVESTMENT PROPERTY***SPECTACULAR FEDERAL STYLE BUILDING IN OLD TOWN ALEXANDRIA IN IMMACULATE CONDITION. UNDER A FIVE YEAR LEASE. FIRST YEAR $34.56 PER SQ FT ESCALATING IN FIFTH YEAR TO $38.16 PER SQ FT.TRIPLE NET LEASE. WALK TO METRO AND PARKING LOT FOR UP TO 12 Note: 116 S.Payne is included. Beautiful patio and side yard. 7387 sq ft total property
Exterior Features

Exterior Brick Parking Paved DrivewayPrivate 11+ SpacesFaces Rear Waterfront No

Interior Features

Cooling Central Air Conditioning Cooling Fuel Electric Floor WoodVinylTile/BrickPartially Carpeted Heating Forced Air Heating Fuel Natural Gas Net Sq Ft 5000.0 Walls Ceilings BrickDry WallHigh

Property Features

Assessment Year 2015 Auction No City Town Tax 20860.0 City Town Tax Payment Freq Annually Comm Industrial Type Office Building Election District 8 Expenses 0.0 For Sale Yes Foreclosure No Gross Income 180000.0 HOA No Improvement Assessment Amount 855926.0 Improvement Assessment Payment Freq Annually Incorporated City 10000035770 Investment Yes Land Assessment Amount 1144074.0 Land Assessment Payment Freq Annually Listing Transaction Type Standard Locale Listing Status Active Monthly Gross Rent 15000.0 New Construction No Ownership Fee Simple Parking Included In List Price Yes Possession Subj-Exist Lease Property Condition Renov/RemodShows Well Property Status Existing Security Security System Sewer Septic Public Sewer Short Sale No Tax Year 2015 Tenancy 3+ Year Lease(S) Total Assessment 2000000.0 Total Assessment Payment Freq Annually Total Taxes 20860.0 Total Taxes Payment Freq Annually Vacancy Factor 0.0 Vacation Home No Water Public Year Renovated 2010 Zoning Code Cl

Listing courtesy of Ann Michael of Mcenearney Associates, Inc..


The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than Pearson Smith Realty are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-02-26T17:15:07.863.

Pearson Smith Realty: 571-386-1075
Noel Tuggle
Pearson Smith Realty
46161 Westlake Drive, Suite 340
Sterling VA, 20165