Active

256 N Washington St

Falls Church VA, 22046

$990,000


$326.09 per sqft

Active

3,036 sqft

Commercial

Built in 1980

This prime commercial property in Falls Church, VA offers a lucrative investment opportunity. Located at 256 N Washington St, this three-story office building is currently leased to long-term tenants with leases extending until mid-2026 and 2027, ensuring stable rental income for the new owner.

The property is zoned B-1 (Business Limited) and is priced $68,700 below its tax-assessed value of $1,058,700, making it an enticing investment opportunity. The location provides high visibility on Washington St (Route 29), less than a mile from the East Falls Church Metro station. Nearby amenities enhancing convenience for both employees and clients.

Offered at $990,000, this property is priced below its tax-assessed value, presenting a rare chance to acquire a fee simple commercial asset with secure rental income and potential for future appreciation.

VAFA2002378

MLS ID

June 27, 2024

Listed

July 14, 2024

Updated

Map

256 N Washington St
Falls Church VA, 22046

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.03 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$13,975


Tax Frequency

Annually


Days on Market

1


Garage

No


View

No


County

FALLS CHURCH CITY


Water Source

Public


Pool

No

Listing History

Date

Event

Price

6/27/2024

Active

Listed by Ronald W Gallier II, Jason Cheperdak with Samson Properties
Listing Contact: 7036189844 

The IDX display contains information sourced from the Bright MLS, Inc. as of 7/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 7/14/2024 at 7:24 AM UTC

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