1908 Mt Vernon Avenue
1908 Mt Vernon Avenue
Alexandria, VA 22301
$4,475,000
Price
—
Beds
13,096 Sq. Ft.
$342 / Sq. Ft.
13,096
Sq. Ft.
$342
per Sq. Ft.
Virtual Tour
Virtual Tour
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: 7035362100 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
Location
Listing Courtesy of Capital Realty Advisors
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LISTING UPDATED: 03/28/2024 03:45 PM
Property Details for 1908 Mt Vernon Avenue
| Status | Active |
|---|---|
| MLS # | VAAX2030462 |
| Days on Market | 99 |
| Taxes | $24,709 / 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 |
Location
Listing Courtesy of Capital Realty Advisors
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Building Information for 1908 Mt Vernon Avenue
Stories3Year Built1946Building Size-Lot Size0.12 AC / 5,152 SF
Payment Calculator
$26,481 per month
30 year fixed, 7.25% Interest
Principal and Interest
$24,422
Property Taxes
$2,059
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1908 Mt Vernon Avenue
Location
Location
- In City Limits: Yes
- School District Name: ALEXANDRIA CITY PUBLIC SCHOOLS
- School District County ID: 121139111593
- SchoolDistrictSource: 3rd Party
- Elementary School: MOUNT VERNON (ALEXANDRIA CITY VA)
- ElementarySchoolSource: 3rd Party
- Middle Or Junior School: GEORGE WASHINGTON (ALEXANDRIA CITY VA)
- MiddleSchoolSource: 3rd Party
- High School: T.C. WILLIAMS (ALEXANDRIA CITY VA)
- HighSchoolSource: 3rd Party
- County: ALEXANDRIA CITY
Waterfront / Water Access
Waterfront / Water Access
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
- Senior Community: No
Taxes and Assessment
Taxes and Assessment
- Tax Year: 2023
- Tax Assessed Value: $2,399,000
- Year Assessed: 2023
- County Tax: $0
- Improvement Assessed Value: $0
- City Town Tax: $24,709
- Land Assessed Value: $654,120
- Clean Green Assessed: No
- Land Use Code: 45
- Zoning: CL
- Zoning Dscrp: C-L zoning allows both commercial and residential. The two lots included on E. Howell Ave. are zoned RB, a residential zoning.
- Tax Lot: 501
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
Rooms
Main
- # Bedrooms Count Main Level: 0
- # Bathrooms Count Main Level: 0
- # Bathrooms Full Main Level: 0
Rooms
- Stories: Main
Building Info
Building Info
- Total Finished SQFT: 13,096.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 13,096.00
- Total SQFT: 13,096.00
- Total SQFT Source: Assessor
- Elevators Count: 1
- Construction Materials: Block, Brick
- # Bathrooms Full: 0
- Other Structure: Above Grade, Below Grade
Lot / Land Information
Lot / Land Information
- Lot Size Source: Assessor
- Parcel ID: 18278671
- Additional Parcels: Yes
- Addl Parcels Descrp: 115 E. Howell Ave. #14958500 117 E. Howell Ave. #14959000
Parking
Parking
- Type Of Parking: Parking Lot
- Parking Lot - # of Spaces: 22
Interior Features
Interior Features
- Fireplace: No
- Accessibility Features: 36"+ wide Halls, Elevator, 32"+ wide Doors
- Security Features: Security System, Sprinkler System - Indoor
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=BNTPR4aQ1ax&play=1&qs=0&help=2&
Exterior Features
Exterior Features
- Pool: No Pool
Utilities
Utilities
- Heating: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Steam
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
Confidential Data
Listing Office
- List Agent AOR: Northern Virginia Association of REALTORS
Property History for 1908 Mt Vernon Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
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$654,120Additions$1,744,880Total$2,399,000
Tax Record2023$26,629 ($2,219 / 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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Listing Courtesy of Capital Realty Advisors
© 2024 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/28/2024 03:45 PM