Log In/Sign Up
Your email has been sent.
1525 King St 1,665 SF 100% Leased Retail Building Alexandria, VA 22314 $775,000 ($465.47/SF) 6.48% Cap Rate
Investment Highlights
- Heavy Foot traffic walking distance to metro
- 100 year old building keeping old town's charm alive
- mixed use. can be commercial on top, residential on bottom
Executive Summary
Rare opportunity to purchase a residential/commercial mixed use unit in Old Towne Alexandria. Use the main/upper level as a business and live in the basement. Use all 3 levels as residential may require certain things to be done with the city to obtain full residential use. Lease out upper level as residential or a commercial unit and lease out lower level as residential. Previous use upper two levels were office space, lower level was residential on a yearly lease. Current use upper 2 levels were used as Air BnB space and lower level used as another Air bnb space, 2 Air bnb units in one property. Income numbers can be provided if interested. So many use options for this space. Less than a block to King St metro, shops, stores, & close to the waterfront & parks. Everything you need is right here for you. Driveway in rear can fit two small cars or one large vehicle. Street parking available on first come first serve bases. VA & FHA loans may not be feasible for this property.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$4,500
|
$2.25
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$4,500
|
$2.25
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,200
|
$0.60
|
| Net Operating Income |
$3,300
|
$1.65
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $4,500 |
| Annual Per SF | $2.25 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $4,500 |
| Annual Per SF | $2.25 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,200 |
| Annual Per SF | $0.60 |
| Net Operating Income | |
|---|---|
| Annual | $3,300 |
| Annual Per SF | $1.65 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,665 SF
Building Class
B
Year Built/Renovated
1900/1990
Price
$775,000
Price Per SF
$465.47
Cap Rate
6.48%
NOI
$50,220
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.25
Lot Size
0.03 AC
Zoning
KR - King Street urban retail zone.
Parking
2 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
14’ on King St
Amenities
- Tenant Controlled HVAC
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Living Water School
- Educational Services
- 1,210 SF
- $25.74
- Triple Net
- -
- Rhombus Power Inc
- Professional, Scientific, and Technical Services
- 1,210 SF
- $25.74
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Living Water School | Educational Services | 1,210 SF | $25.74 | Triple Net | - | |
| Rhombus Power Inc | Professional, Scientific, and Technical Services | 1,210 SF | $25.74 | Triple Net | - |
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 063.04-08-25 | Improvements Assessment | $246,468 (2026) |
| Land Assessment | $432,844 (2026) | Total Assessment | $679,312 (2026) |
Property Taxes
Parcel Number
063.04-08-25
Land Assessment
$432,844 (2026)
Improvements Assessment
$246,468 (2026)
Total Assessment
$679,312 (2026)
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
1525 King St