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5216 Wilson Boulevard N

ARLINGTON, VA 22205
  • $2,150,000
  • STATUS: Active
  • ON SITE: 96 Days
  • ID#: VAAR2032592
UPDATED: 58 min ago
$2,150,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1952
County:

School Ratings & Info

Description

INVESTMENT Property. NEW 5 year NNN lease! (1) 5-year option. 7.53% cap rate. Great 1031 option! New tenant is spending upwards of $100k to renovate the restaurant. Lebanese concept on "Restaurant" Blvd with over 300 Google Reviews! Well frequented. Basement lounge featuring a second kitchen as well as 50-60 seat outdoor patio and deck.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Crossman & Co. Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-26T16:54:09.763.
www.crossmancre.com/homes/140782786
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5216 Wilson Boulevard N ARLINGTON, VA 22205

  • Price: $2,150,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 58 min ago
  • ID#: VAAR2032592
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1952
Built
Neighborhood:
Brandon Village
County:
Arlington
School District:
Arlington County Public Schools
Property Description
INVESTMENT Property. NEW 5 year NNN lease! (1) 5-year option. 7.53% cap rate. Great 1031 option! New tenant is spending upwards of $100k to renovate the restaurant. Lebanese concept on "Restaurant" Blvd with over 300 Google Reviews! Well frequented. Basement lounge featuring a second kitchen as well as 50-60 seat outdoor patio and deck.
Exterior Features

Construction Materials Masonry Garage YN No Lot Features Front YardRear YardRoad Frontage Parking Features Surface Parking Types OtherDriveway Property Condition Average Riparian Rights YN No Road Surface Type PavedAccess - Above Grade Roof Flat Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1850.00 Cooling Central A/C Heating Heat Pump(S) Heating YN Yes Net Square Feet 1840.00

Property Features

Acceptable Financing CashConventional Accessibility Features Other Assessment Year 2023 Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Original MLSNumber 802428236538 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 11344.00 Tax Assessment Amount 982200.00 Tax Lot 109 Vacation Rental YN No Water Source Public Year Built Effective 2021 Zoning C-1

Listing courtesy of Samson Properties: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Crossman & Co. Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-26T16:54:09.763.
 
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Crossman & Co. Real Estate
641 S Street NW, 3rd Floor
Washington DC, 20001