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listing
1 of 105
CommercialFor Sale
$3,000,000
107 N Fairfax Street
Alexandria, VA 22314
Listed by: KW Metro Center, (703) 224-6000
MLS: Bright MLS
3,725Sq Ft
Est. Mortgage
$15,585/mo

Please take the 3D tour of this beautiful property before contacting listing or co listing agents to discuss scheduling a showing, due to the availability of the AirBNB, before scheduling in showing time, thank you. Exciting 1031 Exchange Opportunity – Commercial Property for Sale. Discover a one-of-a -kind investment opportunity in this three-level mixed-use commercial property that seamlessly combines the vibrancy of retail, the convenience of Airbnb, and the comfort of a two-level rental apartment unit. This property represents a unique fusion of diverse income streams, all under one roof. Situated in the heart of Old Town Alexandria, VA, this property benefits from a coveted location with high foot traffic, exceptional visibility, and easy access to at door public transportation. Retail Space (Ground Floor) is dedicated to a boutique ice cream shoppe and café. Airbnb Unit (Second Level) provides a flexible income source. The beautifully appointed Airbnb awaits travelers with modern amenities and décor to ensure an unforgettable stay, making it an appealing option for both tourists and business travelers. Rental Apartment Unit (Third Level) is a spacious and well-designed two-level apartment with a modern kitchen, cozy living areas, and a deck with outdoor kitchen. This apartment unit contribute to a steady and consistent rental income stream. Tax-Deferred Opportunity of a 1031 Exchange, buyers can potentially defer capital gains taxes on their relinquished property when they invest in a like-kind replacement property. Agents and prospective buyers if intent to complete a 1031 Exchange for the purchase please provide a copy of their 1031 exchange agreement and a Qualified Intermediary's contact information. The buyer should provide proof of their financial capability to acquire the property. This could include bank statements, a pre-approval letter from a lender, or a letter of credit. Buyers may need to show their creditworthiness to secure financing or to assure the seller that they can fulfill their obligations. This might involve providing a credit report and financial references before any showings.

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This data is up-to-date as of 05/05/2024 09:24 PM. Listing provided by Gregory E Gray of KW Metro Center.
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