1,778 SqFt
1,778 SqFt
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 1,778 sqft
Price per Sqft $303
MLS Listing ID 2615835
HOA Y/N No
Year Built 2004
Property Description
A rare ground-level retail condo on a high-visibility corner near N. Pershing Dr. and N. Wayne St., within a Class A building with an established office, service, retail, and dining mix. Ideal for investors, owner-users, or portfolio expansion.
Dual-Tenant Flexibility: 1,778 SF demised into two separately metered suites — lease both for two income streams, occupy one and lease the other, or combine. Each has a street-front entrance plus rear parking-lot access. Both rented for a combined $13,000/mo. Condo fees: $1,035.74/mo.
Parking , Free, abundant parking solves close-in Arlington retail's biggest hurdle. 60 spaces; 28.12 per 1,000 SF — exceptional for a transit-rich, walkable location.
Building & Unit Facts
Class A, 3 stories, 34,974 SF, built 2004
Unit B / Retail Space 2, Parcel ID 18-058-025, 1,778 SF
Zoning: C-1 · Recessed lighting and A/C
2025 Tax Assessment: $900,900
In established Lyon Park among luxury apartments, retail, and dining — ~5 min from I-395, I-66, Rosslyn, Clarendon, Crystal City, Amazon HQ2, Reagan National, and DC. Lyon Village's average resident is 31 with a $141,736 median household income.
The Income Case: Arlington's average asking rents near $47/SF point to $80,000+/yr gross potential, from one tenant or two. Amazon's $2.53B HQ2 investment (~8,500 on-site, targeting 25,000 jobs by 2038) keeps deepening daytime demand.
Why It Sells Itself
Two separately metered suites — lease, occupy, or split from day one
90 free on-site spaces — what Arlington tenants prize most
Dual street-front and rear access
Class A corner building, established mix
Affluent, walkable, six-figure customer base
C-1 zoning for broad uses
~$47/SF market rents with embedded upside
Location
State VA
County Arlington
Area 212 - Arlington
Interior
Heating Electric
Exterior
Roof Type Other
Topography Level
Handicap Access Accessibility Features
Total Parking Spaces 60
Building
Lot Description Level
Building Description Brick, Multi-Tenant,No Elevators
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Tax ID 18-058-025
Ownership Investment,Owner-User
Virtual Tour https://www.dudleyresources.auction/auctions/detail/bw163537
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5336 Garnett Pointe Ct, Virginia Beach, Virginia, 23462, USA