Remarks

This prime commercial property in Falls Church, VA offers a lucrative investment opportunity. Located at 256 N Washington St, this three-story office building is currently leased to long-term tenants with leases extending until mid-2026 and 2027, ensuring stable rental income for the new owner.

The property is zoned B-1 (Business Limited) and is priced $68,700 below its tax-assessed value of $1,058,700, making it an enticing investment opportunity. The location provides high visibility on Washington St (Route 29), less than a mile from the East Falls Church Metro station. Nearby amenities enhancing convenience for both employees and clients.

Offered at $990,000, this property is priced below its tax-assessed value, presenting a rare chance to acquire a fee simple commercial asset with secure rental income and potential for future appreciation.

Details

MLS#: VAFA2002378
Price: $990,000

Year Built: 1980

County: FALLS CHURCH CITY
Subdivision: Falls Church City
Tax Fee: 13975.0