Discover an exceptional commercial opportunity in the heart of Old Town Alexandria at 1505 King St., Alexandria, VA 22314. This historic property, built in 1925 and renovated in 1980, offers approximately 2,100 SF of versatile space, including 1,656 SF above grade and 500 SF of basement storage, situated on a 0.05-acre lot. Located just two blocks from the Metro, it provides outstanding visibility and accessibility in a highly sought-after KR zoning district, which permits retail, office, or mixed-use development. The building features a professional office layout with five offices, a waiting room, a kitchenette, and powder rooms on both the main and upper levels. Its charming design includes exposed brick, substantial wood trim, and ample storage. Additional conveniences include 4-5 private parking spaces in the rear, central air conditioning, forced air heating, and natural gas hot water. With a maximum FAR of 1.25, the property allows for up to 2,722.5 SF of building area, making it ideal for various uses, including law firms, boutique retail, or redevelopment into a café or luxury services. Situated in one of Alexandria’s most vibrant corridors, this turnkey property combines historic charm, functionality, and prime location.
Details
MLS#
VAAX2040512
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Year
1925
Days On Site
12
Listing Provided By
Realty ONE Group Capital | Katharine D Binkley
Features
SQ Feet
2,100
Zoning
KR
Acreage
0.05
Market Activity 22314
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Dec 2024
Sales: 16
Avg $ Per SqFt: $116.55
Min Sale Price: $1,500
Max Sale Price: $1,502,500
Med Sale Price: $3,525
Date: Nov 2024
Sales: 31
Avg $ Per SqFt: $243.86
Min Sale Price: $1,850
Max Sale Price: $1,200,000
Med Sale Price: $10,000
Date: Oct 2024
Sales: 20
Avg $ Per SqFt: $351.61
Min Sale Price: $1,925
Max Sale Price: $1,679,000
Med Sale Price: $436,750
Date: Sep 2024
Sales: 15
Avg $ Per SqFt: $246.51
Min Sale Price: $2,199
Max Sale Price: $1,270,000
Med Sale Price: $6,250
Date: Aug 2024
Sales: 5
Avg $ Per SqFt: $453.98
Min Sale Price: $1,850
Max Sale Price: $1,662,500
Med Sale Price: $420,000
Date: Jul 2024
Sales: 1
Avg $ Per SqFt: $552.83
Min Sale Price: $450,000
Max Sale Price: $450,000
Med Sale Price: $450,000
Date: Jun 2024
Sales: 2
Avg $ Per SqFt: $424.2
Min Sale Price: $2,600
Max Sale Price: $1,010,000
Med Sale Price: $506,300
Date: May 2024
Sales: 2
Avg $ Per SqFt: $312.74
Min Sale Price: $1,450
Max Sale Price: $1,520,000
Med Sale Price: $760,725
Date: Apr 2024
Sales: 1
Avg $ Per SqFt: $527.85
Min Sale Price: $635,000
Max Sale Price: $635,000
Med Sale Price: $635,000
Date: Mar 2024
Sales: 1
Avg $ Per SqFt: $2.4
Min Sale Price: $3,500
Max Sale Price: $3,500
Med Sale Price: $3,500
Date: Feb 2024
Sales: 2
Avg $ Per SqFt: $483.61
Min Sale Price: $5,000
Max Sale Price: $295,000
Med Sale Price: $150,000
Date: Jan 2024
Sales: 1
Avg $ Per SqFt: $2.75
Min Sale Price: $1,875
Max Sale Price: $1,875
Med Sale Price: $1,875
Sourced by Back At You
Dec 2024
Sales:
16
Avg $ Per SqFt:
$116.55
Min Sale Price:
$1,500
Max Sale Price:
$1,502,500
Med Sale Price:
$3,525
Nov 2024
Sales:
31
Avg $ Per SqFt:
$243.86
Min Sale Price:
$1,850
Max Sale Price:
$1,200,000
Med Sale Price:
$10,000
Oct 2024
Sales:
20
Avg $ Per SqFt:
$351.61
Min Sale Price:
$1,925
Max Sale Price:
$1,679,000
Med Sale Price:
$436,750
Sep 2024
Sales:
15
Avg $ Per SqFt:
$246.51
Min Sale Price:
$2,199
Max Sale Price:
$1,270,000
Med Sale Price:
$6,250
Aug 2024
Sales:
5
Avg $ Per SqFt:
$453.98
Min Sale Price:
$1,850
Max Sale Price:
$1,662,500
Med Sale Price:
$420,000
Jul 2024
Sales:
1
Avg $ Per SqFt:
$552.83
Min Sale Price:
$450,000
Max Sale Price:
$450,000
Med Sale Price:
$450,000
Jun 2024
Sales:
2
Avg $ Per SqFt:
$424.2
Min Sale Price:
$2,600
Max Sale Price:
$1,010,000
Med Sale Price:
$506,300
May 2024
Sales:
2
Avg $ Per SqFt:
$312.74
Min Sale Price:
$1,450
Max Sale Price:
$1,520,000
Med Sale Price:
$760,725
Apr 2024
Sales:
1
Avg $ Per SqFt:
$527.85
Min Sale Price:
$635,000
Max Sale Price:
$635,000
Med Sale Price:
$635,000
Mar 2024
Sales:
1
Avg $ Per SqFt:
$2.4
Min Sale Price:
$3,500
Max Sale Price:
$3,500
Med Sale Price:
$3,500
Feb 2024
Sales:
2
Avg $ Per SqFt:
$483.61
Min Sale Price:
$5,000
Max Sale Price:
$295,000
Med Sale Price:
$150,000
Jan 2024
Sales:
1
Avg $ Per SqFt:
$2.75
Min Sale Price:
$1,875
Max Sale Price:
$1,875
Med Sale Price:
$1,875
MLS Number: VAAX2040512
Katharine D Binkley – (703) 214-5100 – cam@rogsells.com
Realty ONE Group Capital – (703) 214-5100 – cam@nikkrealtygroup.com
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS.
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