Office building in fantastic location in the heart of the City of Falls Church. Across the street from City Hall. Walk to stores, restaurants, including Northside Social. Approximately 1 mile to the East Falls Church Metro. Bus stop at building. Ideal location for future redevelopment. Zoning allows for office, school use and some retail/service businesses. Plenty of parking in prime downtown Falls Church location. Fully leased to multiple small tenants. Usually a waiting list for new tenants. Low maintenance and easy management. Leases are flexible if new owner wants to occupy some or all of the building. 6% cap rate. Adjacent building sold for $625/sf. This building is being offered at $334/sf. Income upside. Great buy and hold or redevelopment project now. Excellent 1031 property.
VAFA2003358
General Commercial
FALLS CHURCH CITY
1961
0.53
Acres
Electric Water Heater, Gas Water Heater, Public Wa
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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