PhilRussell
MLS#VAFA2003358
STATUSACTIVE
PROPERTY TYPECommercial - Office
SCHOOLFALLS CHURCH CITY PUBLIC SCHOOLS
Property Description
Office building in fantastic location in the heart of the City of Falls Church. Across the street from City Hall. Walk to stores, restaurants, including Northside Social. Approximately 1 mile to the East Falls Church Metro. Bus stop at building. Ideal location for future redevelopment. Zoning allows for office, school use and some retail/service businesses. Plenty of parking in prime downtown Falls Church location. Fully leased to multiple small tenants. Usually a waiting list for new tenants. Low maintenance and easy management. Leases are flexible if new owner wants to occupy some or all of the building. 6% cap rate. Adjacent building sold for $625/sf. This building is being offered at $334/sf. Income upside. Great buy and hold or redevelopment project now. Excellent 1031 property.
Property Features
Property Type: Commercial - Office
Cooling: None
Fuel Type: Natural Gas, Electric
Heating: Baseboard - Hot Water, Hot Water
Lot Size: 0.53 Acres
Roof Type: Flat
Taxes: $27,634
Year Built: 1961
Feature Descriptions
Days on Site: 137
Exterior: Brick, Concrete
Flooring: Carpet, Luxury Vinyl Plank
Location: Business District
Lot: Corner
Lot Dimensions: 0.53 Acre(S)
Parking Notes: Private, Surface, Unassigned
Sewer: Public Sewer
Special View Info: City
Total Garage/Parking Spaces: 30
Water: Public
Local Schools
School District: FALLS CHURCH CITY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Anderson Real Estate Associate
Agency Phone: 7037340880
Shown By
Agent Name: Phil Russell
Agent Phone: Cell: (804) 495-9914
Agency Title: Joyner Fine Properties
©Joyner Fine Properties - Seller will consider paying buyer agent compensation based upon the terms and conditions of any offer made. Said compensation to be negotiated in the purchase agreement.
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130 Little Falls Street | MLS# VAFA2003358
This commercial property located at 130 Little Falls Street, Falls Church, VA 22046 is currently listed for sale with an asking price of $4,200,000. Little Falls Street is located within the FALLS CHURCH CITY PUBLIC SCHOOLS school district. Search Falls Church real estate on www.philrussellrealtor.com today.