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4800 31st St S

5,700 SF Office Building Arlington, VA 22206 $2,800,000 ($491/SF)

Investment Highlights

  • All Brick building 2-levels, private parking lot - 22 dedicated spots, Close to Village of Shirlington, backs to 395, easy commuter routes
  • Variety of uses, in dense residential area, office, day care, church

Executive Summary

This appealing property spans .90 acres and features a 5,000 SF two-story building in South Arlington. It's a standalone brick structure with 22 exclusive parking spaces. The interior boasts an open floor plan, adaptable for a reception area and private offices. Presently utilized as a religious establishment, it includes a kitchenette and modernized restrooms. The lower level is built out with offices, storage and conference areas. Dual entrances are available: the main entrance on the ground level and a lower-level rear entrance which has its own parking pad. The building is offered 'As Is' and requires some refurbishment. Located adjacent to Shirlington, it backs onto I-395 and provides access to King Street, nestled amidst a blend of residential and commercial zones. Call listing agent with questions. Property being sold AS IS and needs some rehabbing. Easily converted back to office space for a company or lease out as executive space. The Sellers will need to be in the building while searching for a replacement property and open to a longer closing that would coincide or an early closing and a rent back. Call list agent with questions.

Property Facts Under Contract

Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Office
Building Size
5,700 SF
Building Class
B
Year Built
1943
Price
$2,800,000
Price Per SF
$491
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
5,016 SF
Building FAR
0.15
Lot Size
0.90 AC
Zoning
C1, County - C-1 Allows for Day Care Facility, Medical, Professional, Religious Facility C-1 Local COMM; FAR 1.0 to 1
Parking
25 Spaces (4.98 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Kitchen
  • Basement
  • Central Heating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-015-018
Land Assessment
$1,606,500
Improvements Assessment
$1,000
Total Assessment
$1,607,500
  • Listing ID: 32536818

  • Date on Market: 7/21/2024

  • Last Updated:

  • Address: 4800 31st St S, Arlington, VA 22206

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