The Offering

Summary

  • List Price $1,900,000
  • Product Type Mixed-Use
  • Product Subtypes Retail & Raw Land
  • Combined Lot Size 10,222 SF
  • Zoning CSL
  • FAR - Residential 1.5 (30 Dwelling Units Per Acre)
  • FAR - Non-Residential 0.5
  • Approximate Gross Building Area 3,520 SF

Investment Summary

Feldman Ruel is pleased to offer for sale 724-728 N Patrick Street, a three-parcel assemblage located at the corner of Madison Street and the highly trafficked Route 1 corridor in Old Town, Alexandria. The subject properties consist of 6,573 square feet of raw land and an additional 3,649 square feet of land encumbered by two commercial improvements. 724-728 N Patrick Street is zoned Commercial Service Low (CSL), providing numerous allowable uses and making the opportunity attractive for investors, owner-users, and developers alike.

Investment Highlights

• Rare Opportunity | Same Ownership for the Last 68 Years

• Optionality of Use | Multiple By-Right Execution Strategies Available
• Short-Term Retail Lease Provides Immediate Cash Flow & Flexibility

• Less than 4 Blocks from the Braddock Road Metro Station

Location

Listing Agents

Tanner Scales

Tanner Scales

Director
(571) 932-5660
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