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29055041
29055063

4600 Duke Street , 413, Alexandria, VA 22304 For Sale

DL
DC SP98372334
CENTURY 21 Redwood Realty
Listed by CENTURY 21 Redwood Realty
$240,000
201 days on market
Updated 1 day ago

4600 Duke Street , 413

Details
APN 50213620
Property Type Office
Net Rentable (SqFt) 1,140
Units 1
Cap Rate 4.29%
NOI $10,293
Tenancy Vacant
Lease Type Net
Class A
Year Built 1967
Buildings 1
Stories 1
Zoning Residential
Investment Type Owner/User
Ownership Condominium

1,140 SF Prime Duke Street Commercial Condo Offering Flexibility, Visibility, and Long-Term Value

Marketing description

Take I-395 S, exit at Duke St (VA-236), turn right, drive about 1.5 miles, and 4600 Duke St will be on your right. Zoned RC (Residential-Commercial) ‹” flexible for full residential occupancy, professional office use, or live/work configuration; ask your agent for details.Specifications: 2 Bedrooms / Space Configurations, 1 Full Bathroom, 1,140 Finished Sq. Ft.One Address. Infinite Possibilities. Welcome to Unit 413 within the premier Forty Six Hundred condominium community, an expansive 1,140-square-foot property featuring rare mixed-use zoning along Alexandria's highly connected Duke Street corridor. This flexible real estate asset is uniquely cleared for full residential occupancy, commercial business operations, or an integrated live/work configuration. Whether you are an independent professional, a medical practitioner, a creative entrepreneur, or a long-term investor, this property delivers a highly functional layout that easily adapts to your precise needs.The interior layout features 9-foot ceilings and original hardwood floors, all illuminated by excellent natural light from large windows with city views. The open-concept central space easily configures into a large living/dining area for everyday living, or a professional reception area with multiple workstations. The primary room provides plenty of space for a full residential bedroom set or a private principal office. The secondary room offers great flexibility as a second bedroom, conference room, or private consultation space. A full bathroom finished in ceramic tile completes the space.Located in the established Seminary Hill neighborhood, the property positions your business or home inside a 16-story vertical community of over 400 residential units, providing a built-in customer base right at your doorstep. The professionally managed building features top-tier operational infrastructure, including five elevators, a secure lobby with 24/7 concierge service, a dedicated storage unit, and permit parking. The comprehensive association fee covers all primary utilities‹”electricity, heating, cooling, gas, water, sewer, and trash disposal‹”ensuring predictable, flat-rate monthly overhead.Enjoy unbeatable walkability and convenience: an ALDI grocery store sits right outside the building, while the Foxchase Shopping Center is directly across the street, offering a 24-hour Harris Teeter, CVS Pharmacy, and multiple dining options. Outdoor recreation is equally accessible, with direct access to the Holmes Run Trail and the lakeside walking paths of Ben Brenman Park located immediately behind the complex. For commuters and clients, this location provides effortless regional access: bus service stops right at the property, the Van Dorn Street Metro Station and Eisenhower Ave Metro Station are less than 3 miles away, Interstate 395 is accessible via Exit 3A, and Reagan National Airport is under 10 miles from your door. Step into a highly versatile property that functions perfectly as a modern home, a professional office, or a flexible combination of both.

Investment highlights

  1. Strategic Duke Street Location: Positioned along Alexandria’s highly trafficked Duke Street corridor, offering strong visibility, easy access, and sustained demand from both commercial users and tenants.

  2. Flexible 1,140 SF Commercial Condominium: Well-proportioned layout supports a wide range of permitted uses, including professional office, boutique services, consulting, or live-work configurations where permitted, maximizing tenant and resale flexibility.

  3. Stabilized Operating Costs: Monthly condominium fees cover key building services and on-site management, helping reduce ownership complexity and provide predictable operating expenses.

  4. Professional, Full-Service Building: Located within the established Forty Six Hundred community, featuring elevator access and on-site management that enhances tenant experience and long-term asset appeal.

  5. Strong Accessibility & Transit Connectivity: Immediate bus service, close proximity to Metro, and convenient access to major commuter routes support consistent foot traffic and tenant convenience.

  6. Owner-User or Investor Optionality: Ideal for investors seeking stable income potential or owner-users looking to control occupancy while building long-term equity in a prime Alexandria submarket.

  7. Attractive Entry Point in Core Alexandria: Offers an accessible investment opportunity in a supply-constrained corridor with enduring commercial and mixed-use demand.

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Listing Contacts

DL
DC SP98372334
CENTURY 21 Redwood Realty
Listed by CENTURY 21 Redwood Realty

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$10,293.00
$857.75/mo

Valuation Metrics

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DSCR
4.29%
Cap Rate
4.29%
ROI

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