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$4,475,000
123 Days Online

1908 Mt Vernon Avenue
Alexandria, VA 22301

For Sale|Condo|Active
0
Beds
0
Full Baths
0
Partial Baths
13,096
SqFt
$342
/SqFt
1946
Built
Subdivision:
Del Ray
County:
Alexandria City
Call Now: 703-980-3027
Is this the home for you? We can help make it yours.
703-980-3027
1908 Mt Vernon Avenue1908 Mt Vernon Avenue1908 Mt Vernon Avenue1908 Mt Vernon Avenue
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Looking for an awesome location in the eclectic Del Ray neighborhood with a huge wow factor, and income from solid tenants to partially offset your mortgage? This 3-story brick building with art-deco elements is your answer. Referred to as “perhaps the most distinctive building” on Mt. Vernon Ave., AKA the “Main Street” of Del Ray, now you can put your own personal design stamp on a luxury residential conversion of the third floor of this 13,000 SF mixed-use building. Currently built out as high-end creative office space, it’s been intentionally left vacant for a new owner to carry out his/her own vision. Seller is offering it as is only. Conversion to residential on 3rd floor is at option/cost of Purchaser. Zoning is CL (Commercial Low), which allows residential over the existing commercial, up to four 1-BR units or a single unit as proposed. Renderings for a 3-BR, 2-BA, approx. 3,500 SF floor are included in the offering as an example of what the space could look like if converted. An interior staircase on the third floor leads to the wow factor--a small penthouse space and a rooftop deck, where you’ll see outstanding views of both Del Ray and the greater Alexandria area. Rooftop decks are fast becoming a major value-added feature in urban development, and here’s an opportunity to maximize this space too. Included in the offering, and must be sold with, are 115 E. Howell Ave. (2,875 SF; Tax ID 14958500) and 117 E. Howell Ave. (2,875 SF; Tax ID 14959000), both zoned RB residential. 1908 Mt. Vernon Ave. (Tax ID 14960010), is the “parent” parcel of these lots and its assessment includes their value. The residential lots are used for parking by the commercial tenants under a special-use permit that will need to be renewed by the new owner. A big plus to a new owner are the 22 parking spaces on these lots, incredible to find anywhere in Alexandria. The second floor office space was upgraded with last year with new carpet and paint at a cost of $30,000, and the existing third floor office space underwent a $230K renovation in 2008, including skylights. Ground floor tenant USPS and second floor iData just renewed leases for a 5-year extension effective January 2024, providing $225,000 in gross income, before expenses. Property is also listed under Commercial. See MLS# VAAX2029718.

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Listing Snapshot
Price 
$4,475,000
Days Online 
123 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,096 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1946
MLS® Number 
VAAX2030462
Status 
Active
Property Tax 
$24,709
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
5 hours agoListing updated with changes from the MLS®
4 months agoListing first seen online
General Features
Style 
Art DecoFederal
Water 
Public
Sewer 
Public Sewer
Garage 
No
Other Structures 
Above GradeBelow Grade
Construction Materials 
BlockBrick
Zoning 
CL
Levels Count 
3
Interior Features
Heating 
Steam
Cooling 
Central A/C
Central Air 
Yes
Basement 
No
Fireplace 
No
Main Level Bedrooms 
0
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Exterior Features
View 
CityPanoramic
Pool 
No Pool
Community Features
Security 
Security SystemSprinkler System - Indoor
Accessibility Features 
36"+ wide HallsElevator32"+ wide Doors
Senior Community 
No
Schools
School District
ALEXANDRIA CITY PUBLIC SCHOOLS
Elementary School
MOUNT VERNON
Middle School
GEORGE WASHINGTON
High School
T.C. WILLIAMS
Listing courtesy of Capital Realty Advisors (703) 536-2100



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
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