Office Space / Virginia / Alexandria / 22314 / 622 North Washington Street

622 North Washington Street

Q: What is the asking price for 622 North Washington Street in Alexandria?

The asking price for 622 North Washington Street is $2,500,000

Q: What is the building size of this Office property in Alexandria, VA?

The size of the building/unit at 622 North Washington Street in Alexandria is 7,872 square feet.

Q: How much land does the Alexandria, VA property at 622 North Washington Street include?

622 North Washington Street in Alexandria includes 0.120 acres of land.

Q: What kind of Office is the propery at 622 North Washington Street?

The property at 622 North Washington Street Alexandria, VA 22314 is listed as a Professional Office property.

Q: What is the population within 1 mile of 622 North Washington Street?

The population within 1 mile of 622 North Washington Street Alexandria, VA 22314 is 26,947 people.

Q: Who do I contact for questions about 622 North Washington Street?

You should contact the listing agent, Mike Porterfields, for any details regarding this commercial listing.

Alexandria, VA 22314

Listing ID: 191066

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622 North Washington Street Alexandria, VA 22314 | for Sale | Photo 1

Building Size: 7,872 SF

Lot Size: 0.120 AC

Land Size: 5,270 SF

Building $/SF: $317.58

Land $/SF: $474.38

Price

$2,500,000

Description

Sale of commercial property includes three separate parcels: (#618) 054.04-14-10; (#620) 054.04-14-09; (#622) 054.04-14-08
Nearby amenities include Starbucks, Trader Joe's, FedEx/Kinko's, Harris Teeter, several restaurants, fitness studios, banks, gas station, several parks and the city's Charles Houston Rec Center
Plentiful dining and retail options have earned a "Walker's Paradise" score of 92 (Walk Score®)
Daily traffic count: 32,000+ cars
Braddock Road Metro station in walking distance (.5 miles)
3 Capital Bikeshare stations and dedicated bike lanes/trails within blocks; 2 Zipcar stations
6 DASH bus lines within 2 blocks (providing access to Braddock and King Street Metro stations, Shirlington) and a MetroBus line (spanning the GW Parkway from Mount Vernon to downtown Washington)
Quick access to National Airport (3.5 miles), 14th Street Bridge (5.5 miles), and Capitol Hill (7.5 miles)
Real estate taxes (2018): $27,625
Lease for main tenant (Great Beginnings Preschool) expires 8/31/22, has annual escalations of $500/mo. and has one 5-year option for renewal
Retail tenant leases are currently month-to-month and include utilities and real estate taxes, tenants will sign leases with new owner
Description
Fully leased building six blocks north of King Street with three long-term tenants in place. Quick access to the heart of Old Town with its shopping and dining amenities, National Airport and downtown Washington, DC. Three long-term tenants provide stable income. Brand new retail tenant in lower level. Additional value can be created by re-tenanting or passing through op/ex that owner currently pays. Landlord has no responsibility for interior or exterior cleaning or maintenance.
Location
Old Town North, Alexandria
Washington Street between Wythe and Pendleton Streets

Attachments & Files

saleflyer618-622n.washington-ONp-NEW.pdf

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Alexandria History of Office Space for Sale

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Listing Demographics for 622 North Washington Street Alexandria, VA 22314

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		26,947	165,406	488,587
Population Median Age		40	37	37
Population by Age	0-9 Yrs	2807 (10%)	21814 (13%)	63145 (12%)
	10-19 Yrs	1665 (6%)	13517 (8%)	46259 (9%)
	20-29 Yrs	3576 (13%)	24887 (15%)	76291 (15%)
	30-39 Yrs	6185 (22%)	33455 (20%)	96869 (19%)
	40-49 Yrs	3519 (13%)	22918 (13%)	66735 (13%)
	50-59 Yrs	3681 (13%)	20488 (12%)	58062 (11%)
	60-69 Yrs	3034 (11%)	16158 (9%)	46033 (9%)
	70+ Yrs	2479 (9%)	12169 (7%)	35193 (7%)

Median HH Income		$138,058	$105,615	$89,781
Total Household Income	< 24K	1448 (10%)	7794 (10%)	27172 (13%)
	25-49K	850 (6%)	8940 (12%)	28983 (14%)
	50-74K	1193 (8%)	8991 (12%)	30087 (14%)
	75-99K	1277 (9%)	9089 (12%)	27964 (13%)
	100-199K	4407 (33%)	23308 (31%)	61474 (29%)
	200K+	4095 (30%)	15083 (20%)	29876 (14%)

Highest Education Level	No Diploma	657	8236	32004
	Diploma or GED	1747	16476	60803
	Some College	1987	15410	52892
	Assoc. Degree	585	5282	18545
	Bachelors Degree	6629	34055	91767
	Higher Degree	9926	42044	94106

Total Housing Units		14,359	79,504	223,850
--Owner-Occupied		7,076	33,614	85,582
--Renter-Occupied		6,194	39,592	119,975
Owner-Occupied Values	< 100K	145	657	1843
	100-199K	181	1459	6052
	200-299K	181	3465	13597
	300-399K	461	4539	15464
	400-499K	352	4203	12200
	500K+	5756	19292	36427

Total Working Age Population		23,049	134,911	396,284
In Work Force		17,506	103,078	295,962
Not In Work Force		5,543	31,833	100,323
Workforce Employed		16,020	94,168	272,125
Workforce Unemployed		619	4,296	14,857
Civlian Workforce		16,639	98,464	286,982
Military Workforce		868	4,614	8,980

Total Households		13,270	73,206	205,557
Family Households		6,452	37,027	106,472
Non-Family Households		6,818	36,178	99,085
Married Couple		5,433	27,791	71,003
Other Family		1,020	9,236	35,469
Married w/Child		1,771	11,018	29,673
Single Male w/Child		82	1,058	3,267
Single Female w/Child		433	4,034	14,438

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
District of Columbia	572,059	+5	601,723	+21	729,501	+15	842,154
District of Columbia	572,059	+5	601,723	+21	729,501	+15	842,154
Maryland	5,296,486	+9	5,773,552	+6	6,141,900	+6	6,518,750
Prince Georges County	801,515	+8	863,420	+6	916,150	+4	952,950
Virginia	7,078,515	+13	8,001,024	+8	8,655,021	+8	9,331,666
Arlington County	189,453	+10	207,627	+20	249,298	+10	274,339
Fairfax County	969,749	+12	1,081,726	+7	1,162,504	+7	1,244,025
Alexandria city	128,283	+9	139,966	+19	166,261	+10	182,067

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 622 North Washington Street in Alexandria?

The asking price for 622 North Washington Street is $2,500,000

What is the building size of this Office property in Alexandria, VA?

The size of the building/unit at 622 North Washington Street in Alexandria is 7,872 square feet

How much land does the Alexandria, VA property at 622 North Washington Street include?

622 North Washington Street in Alexandria includes 0.120 acres of land

What kind of Office is the propery at 622 North Washington Street?

The property at 622 North Washington Street Alexandria, VA 22314 is listed as a Professional Office property

What is the population within 1 mile of 622 North Washington Street in Alexandria?

The population within 1 mile of 622 North Washington Street Alexandria, VA 22314 is 26,947 people.

Who do I contact for questions about 622 North Washington Street?

You should contact the listing agent, Mike Porterfields, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
515 Wythe Street, Alexandria, VA	$1,795,000	6790	0.5
1000 Pendleton Street, Alexandria, VA	$1,995,000	5880	0.11
801 North Pitt Street, Alexandria, VA	$416,600	1724	-
108 North Columbus Street, Alexandria, VA	$1,700,000	4144	-
102 South Alfred Street, Alexandria, VA	$1,200,000	3072	-
607 South Washington Street, Alexandria, VA	$2,975,000	8000	0.24
3341 Duke Street, Alexandria, VA	$770,000	2520	0.11
1225 Martha Custis Drive, Alexandria, VA	$1,200,000	1100	0.1
4600 Duke Street, Alexandria, VA	$165,000	1105	-
5138 Leesburg Pike, Alexandria, VA	CALL	20000	-

Closest Commercial Airports

Airport	Distance (mi)
Ronald Reagan Washington National Airport (DCA)	3
Washington Dulles International Airport (IAD)	24
Baltimore Washington International (Thurgood Marshall Airport) (BWI)	32