2300 N Pershing Drive, Arlington, VA 22201 (MLS # 2615835)

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View Virtual Tour PRICE $500,000 SIZE 1,778 sqft LOT SIZE n/a Request More Info Schedule a Showing

Property is being sold through a Simulcast (virtual and in person) auction., List price does not reflect the final sale price.. Property being conveyed as is, where is, with any and all faults. Simulcast auction ends June 25th at 11 AM. There is a 10% buyer's premium associated with this sale. 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