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$13,700,000
74 Days Online

8850 Richmond Highway
Alexandria, VA 22309

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1988
Built
County:
Fairfax

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800-210-3073
8850 Richmond Highway8850 Richmond Highway8850 Richmond Highway8850 Richmond Highway
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This is a GSA-approved secure building with an elevator. It is a 3-Level Low-Rise Office Building with Tons of Potential and a Huge Lot at a Prime Location. The lot alone is 8.8 acres (384,025 sf). The Total Building Sq Ft is 67,750. Plenty of parking spaces. A big opportunity is now a reality and is waiting for your vision. There are so many options to repurpose the existing building , knock it down and build an entirely new development, multi-family with mixed use or just multi-family, retirement community, major retailer, and much more. Currently, the building is leased to multiple tenants, and all tenants received notice to vacate. The last tenant is moving out at the end of October 2023. The reason for the notice was a previous contract that failed for development purposes. The goal was to knock down the building to potentally develop it into a multi-family unit. The buyer's financing fell through. Calling all developers, the zoning also allows for other development options such as apartments, multi-family, town homes, and buildings with commercial and residential space. The owners have approved a special exception to build two hotels on this site, but you, the developer, have complete control over what you do with the lot. There are major developments in the area, which will be ideal for any developer, and you can maximize your profit in a variety of ways. Don't miss this opportunity.

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Listing Snapshot
Price 
$13,700,000
Days Online 
74 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
8.82 Acres
Year Built 
1988
MLS Number 
VAFX2103980
Status 
Active
Property Tax 
$152,360
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
10 hours agoListing updated with changes from the MLS
2 months agoListing first seen online
General Features
Water 
Public
Sewer 
Public Septic
Construction Materials 
Brick
Zoning 
497
Interior Features
Heating 
Heat Pump(s)
Cooling 
Central A/C
Central Air 
Yes
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Community Features
Accessibility Features 
Elevator
Listing courtesy of ? ?



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Neighborhood & Commute
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