Homes for sale - 10403 MAIN ST, Fairfax, VA 22030

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Meggie Carpenter

[email protected] +1(410) 303-9172

$ 1,250,000

Est. payment -/mo

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10403 MAIN ST Fairfax, VA 22030

1,141 SqFt

UPDATED:

12/09/2024 06:53 PM

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 1,141 sqft

Price per Sqft $1,095

MLS Listing ID VAFC2005516

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $2,883

Tax Year 2024

Property Description

Investment Opportunity: Condo Real Estate for Sale with Established Tenant in Fairfax City. Property Size: 1,200 sq ft. Current Tenant: "Bellissimo" Italian Cuisine Restaurant – A well-established, prestigious restaurant that has been a staple in Fairfax City for years. This charming restaurant seats 60 people and is renowned for its high-quality cuisine and loyal clientele. Rent: $5,200/month ($62,400/year). Location: Fairfax City, VA – Ranked among the top 10 safest cities in Virginia, with a population of 25,000 and a median income of $52,000. The area offers a strong and stable business environment. Local Highlights: Fairfax City is home to the historic Fairfax County Courthouse and George Mason University. The city continues to enhance its infrastructure for pedestrians and cyclists, creating a vibrant, community-friendly atmosphere. Notably, both George Washington and George Mason lived in Fairfax, adding historical charm to the area. Key Investment Features: 1031 Tax Deferred Exchange: This property is offered as part of a 1031 Tax Deferred Exchange. Seller Financing: Available for qualified buyers with good credit and a down payment of $800,000. Additional Investment Opportunities: Buildable land options within a 30-45 minute drive, or local residential income-producing properties can be considered as part of the down payment. Showings: By appointment only, with 24-hour notice required. The listing agent must accompany all showings. 1031 Tax Deferred Exchange. For additional info, contact your preferred Real Estate Agent.

Location

State VA

County Fairfax City

Zoning CR

Interior

Hot Water Electric

Heating Programmable Thermostat, Hot Water

Cooling Central A/C

Flooring Wood

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

View City, Street

Street Surface Paved

Accessibility No Stairs

Road Frontage Public, City/County

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Daniels Run

Middle Schools Katherine Johnson

High Schools Fairfax

School District Fairfax County Public Schools

Others

Tax ID 57 4 23 001

Ownership Condominium

Acceptable Financing Cash, Conventional, Exchange, Bank Portfolio, Installment Sale, Negotiable, Seller Financing

Listing Terms Cash, Conventional, Exchange, Bank Portfolio, Installment Sale, Negotiable, Seller Financing

Financing Cash,Conventional,Exchange,Bank Portfolio,Installment Sale,Negotiable,Seller Financing

Special Listing Condition Standard

Listed by Rodrigo J Cruz • Long & Foster Real Estate, Inc.

Meggie Carpenter

Advisor | License ID: 654291

+1(410) 303-9172

GET MORE INFORMATION