- For Sale $1,395,000
- Property Type Multi-Family
- Property Size 3,289 SF
- Units 9
- Lot Size 0.04 Acre
- Property Tenancy Multi-Tenant
- Year Built 1940
- Date Updated May 7, 2026
Description
Discover the vibrant neighborhood surrounding this prime office building location in Alexandria, VA. The area boasts a rich historical legacy and a bustling waterfront filled with upscale restaurants, boutique shops, and cultural attractions. Positioned just minutes from the property, King Street offers an array of dining and entertainment options, while the nearby Torpedo Factory Art Center provides a unique artistic experience. The area is also home to a thriving business community and offers easy access to major transportation hubs. With its blend of historic charm and modern conveniences, this location presents an enticing opportunity for office building investors seeking a dynamic urban environment.Here is a unique opportunity to own the last operating Boarding House in Old Town Alexandria. This beautiful building nestled in the heart of historic Old Town Alexandria consists 8 single-room, residential tenants overtop of a successful beauty services salon. Phenomenal location, just blocks to King St. Minutes to the capital beltway and Amazon HQ2. Located on a high-visibility corner with 3 points of access. This property offers the opportunity for a new owner to renovate and convert the second level to residential units for short-term rental.
The ground floor, 1,611 sf retail tenant would like to renew with the new owner. The current tenant is operating on a triple net lease that became a month to month tenant on May 1, 2026. The current tenant is in good standing and has operated a successful microblading and permanent make-up salon business in the property since January 2020.
The boarding house occupies the entire second level of the property directly above the commercial space (boarding house address is 1001 Queen Street). There are 8 bedrooms rooms and 2 full bathrooms on the upper level. The tenants all have signed month-to-month leases. The landlord pays all utilities and other expenses for the boarding house. There is also a fenced-in outdoor space approximately 200 square feet, as well as a small utility room on the main level. There are laundry facilities available for tenants of the boarding house.
Highlights
- 2 - separate HVAC systems for retail and residential serviced in 2025.
- Coin-operated laundry machines on site.
- Eight (8) single bedrooms supported by 2 shared bathrooms. No kitchens.
- Electricity and water have separate meters
- Fire and Life Safety: Smoke detectors are installed throughout as per code.
- One Retail Tenant
- Owner pays for twice-weekly cleaning of residential areas.
- Private trash collection service paid by owner.
- Retail Tenant reimburses Owner for utlities, real estate taxes, insurance (CAM)
- Roofing: It is a metal roof. It was last repaired (minor leak) in Spring 2025. There is no warranty in place.
- Tenants pay monthly rent via app.
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Contacts
Mike Porterfield
Tartan Properties Commercial
Location
Located at 300 N. Patrick Street, Alexandria, VA 22314, this property is part of the Braddock Road Metro neighborhood and Washington DC Suburban Maryland market.
Contact Listing Broker
Mike Porterfield
Tartan Properties Commercial