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305 S Washington St 1,904 - 3,808 SF of Retail Space Available in Alexandria, VA 22314
HIGHLIGHTS
- Well Established Italian restaurant for +35 years.
- 2 Levels of Dining Area (seats approx. 150 inside)
- Additional Patio Dining Space
- Prime Location - Old Town Alexandria
- Lower Level Storage + Office
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,904 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Modified Gross | ||
| 2nd Floor | 1,904 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Modified Gross |
1st Floor
Confidential Listing - Do Not Discuss With Restaurant Personnel. A successful, well established Italian restaurant in the heart of Old Town Alexandria, for +35 years. 2 levels of restaurant space seat approx. 150 - includes 3 dining rooms, bar area, and private event space with private bar. Fully equipped kitchen. Lower level offers storage and office space. Outdoor patios seat approx. 50. Dynamic location - 8 blocks to King St. Metro, and 4 blocks to the Potomac waterfront. Tenant must purchase furniture, fixtures, equipment and inventory - offered at $200,000. $15,000/mo. base rent + tenant pays insurance and maintenance. Landlord pays real estate tax.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,808 SF of adjacent space
- 2 levels of restaurant space.
- Must purchase furniture.
- $15,000/mo. base rent.
2nd Floor
Confidential Listing - Do Not Discuss With Restaurant Personnel. A successful, well established Italian restaurant in the heart of Old Town Alexandria, for +35 years. 2 levels of restaurant space seat approx. 150 - includes 3 dining rooms, bar area, and private event space with private bar. Fully equipped kitchen. Lower level offers storage and office space. Outdoor patios seat approx. 50. Dynamic location - 8 blocks to King St. Metro, and 4 blocks to the Potomac waterfront. Tenant must purchase furniture, fixtures, equipment and inventory - offered at $200,000. $15,000/mo. base rent + tenant pays insurance and maintenance. Landlord pays real estate tax.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,808 SF of adjacent space
- 2 levels of restaurant space.
- Must purchase furniture.
- $15,000/mo. base rent.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 3,808 SF | Gross Leasable Area | 5,587 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Restaurant |
| Total Space Available | 3,808 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,587 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
Confidential Listing - Do Not Discuss With Restaurant Personnel. A successful, well established Italian restaurant in the heart of Old Town Alexandria, for +35 years. 2 levels of restaurant space seat approx. 150 - includes 3 dining rooms, bar area, and private event space with private bar. Fully equipped kitchen. Lower level offers storage and office space. Outdoor patios seat approx. 50. Dynamic location - 8 blocks to King St. Metro, and 4 blocks to the Potomac waterfront. Tenant must purchase furniture, fixtures, equipment and inventory - offered at $200,000. $15,000/mo. base rent + tenant pays insurance and maintenance. Landlord pays real estate tax.
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| S Washington St | Duke St, S | 29,532 | 2022 | 0.04 mi |
| South Washington Street | Duke St, S | 31,665 | 2022 | 0.04 mi |
| Duke Street | S Columbus St, E | 8,411 | 2022 | 0.07 mi |
| Duke St | S Columbus St, E | 8,750 | 2022 | 0.07 mi |
| Duke St | S Saint Asaph St, W | 3,657 | 2022 | 0.10 mi |
| Duke Street | S Saint Asaph St, W | 3,576 | 2022 | 0.10 mi |
| Prince St | S Saint Asaph St, E | 3,084 | 2022 | 0.11 mi |
| Prince St | S Alfred St, W | 4,508 | 2022 | 0.13 mi |
| Prince Street | S Alfred St, W | 4,570 | 2022 | 0.13 mi |
| Duke Street | Duke St, SE | 25,728 | 2022 | 0.17 mi |
NEARBY MAJOR RETAILERS
MAP
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