1908 Mt Vernon Avenue
$3,950,000
—
13,096
13,096
$302
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Description
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...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.
- Listed by Geoffrey G Lindsay • Capital Realty AdvisorsP: (703)-536-2100 geoff@caprealtyadv.com
Property Details for 1908 Mt Vernon Avenue
Tax ID Number
14960010
OwnershipFee Simple
Condo Coop AssociationNo
HOANo
Structure TypeOther
StyleArt Deco, Federal
Levels/Stories3
WaterfrontNo
LISTING UPDATED: 08/14/2024 04:43 AM
Property Details for 1908 Mt Vernon Avenue
Status | Active |
---|---|
MLS # | VAAX2030462 |
Days on Market | 302 |
Taxes | $27,467 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Fee Simple |
Year Built | 1946 |
Lot Size | 0.12 AC / 5,152 SF |
County | Alexandria Independent City |
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Building Information for 1908 Mt Vernon Avenue
Stories3Year Built1946Building Size-Lot Size0.12 AC / 5,152 SF
Property Information for 1908 Mt Vernon Avenue
Property History for 1908 Mt Vernon Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1908 Mt Vernon Avenue
Taxable ValueLand$664,608Additions$1,755,392Total$2,420,000
Tax Record2024$27,467 ($2,289 / month)
Home Facts
Total Finished SqFt13,096 SqFtAbove Grade Finished SqFt13,096 SqFtStories3Lot Size5,227 SqFtStyleOffice BuildingYear Built1946Year Renovated1980ZoningCL - COMMERCICountyALEXANDRIA CITYAPN14960010
Schools near 1908 Mt Vernon Avenue
This home is within Alexandria City Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 4 |
Rating | School | Distance |
---|---|---|
Mount Vernon Community School PublicPK to 5 | ||
George Washington Middle School Public6 to 8 | ||
Alexandria City High School Public9 to 12 | ||
The Del Ray Montessori School PrivatePK to 4 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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