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Prime Free Standing Retail Building 5050 Langston Blvd 2,403 SF Retail Building Arlington, VA 22207 $2,950,000 ($1,227.63/SF)
EXECUTIVE SUMMARY
Arlington Realty, Inc. / Virginia Smith as exclusive agent, is pleased to offer the opportunity to acquire a Prime Free Standing Retail Building - Newly Upgraded in 2020. Ideal for restaurant, coffee shop, childcare, accountant, dental office and a host of many other uses - Zoned C-1. Property will convey vacant. Well-suited for an investor or owner/operator. CONFIDENTIAL LISTING – SHOWINGS BY APPOINTMENT WITH LISTING BROKER - DO NOT DISCUSS THE LISTING WITH EMPLOYEES OF ONGOING BUSINESS.
Property Highlights:
Established Venue: This property has been the site of a restaurant for the past +65 years. The original restaurant was constructed in 1959 by Toddle House. Toddle House was a restaurant chain that specialized in quick-service breakfasts with approx. 200 locations.
Recent Upgrades: Significant renovations were completed in December 2020, including a comprehensive rebuild of the structure to enhance the building's infrastructure and customer experience.
Location Benefits:
High Visibility: Situated on the bustling Langston Blvd, the restaurant benefits from excellent vehicle traffic. AADT (annual average daily traffic): 22,000
Thriving Community: The surrounding area boasts a vibrant mix of retail shops, other dining establishments, and residential neighborhoods, ensuring a steady stream of patrons.
Accessibility: Conveniently located with ample parking and easy access to major roads, making it a preferred destination for locals and visitors alike.
This is an exceptional opportunity to acquire hard-to-find free-standing commercial real estate in Arlington County, Virginia for sale.
Parking spaces: 11 (10 marked spaces and 1 space on side driveway)
Note: FF&E not included in sale price - could possibly be purchased at additional cost
Property Highlights:
Established Venue: This property has been the site of a restaurant for the past +65 years. The original restaurant was constructed in 1959 by Toddle House. Toddle House was a restaurant chain that specialized in quick-service breakfasts with approx. 200 locations.
Recent Upgrades: Significant renovations were completed in December 2020, including a comprehensive rebuild of the structure to enhance the building's infrastructure and customer experience.
Location Benefits:
High Visibility: Situated on the bustling Langston Blvd, the restaurant benefits from excellent vehicle traffic. AADT (annual average daily traffic): 22,000
Thriving Community: The surrounding area boasts a vibrant mix of retail shops, other dining establishments, and residential neighborhoods, ensuring a steady stream of patrons.
Accessibility: Conveniently located with ample parking and easy access to major roads, making it a preferred destination for locals and visitors alike.
This is an exceptional opportunity to acquire hard-to-find free-standing commercial real estate in Arlington County, Virginia for sale.
Parking spaces: 11 (10 marked spaces and 1 space on side driveway)
Note: FF&E not included in sale price - could possibly be purchased at additional cost
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,403 SF
Building Class
C
Year Built
1963
Price
$2,950,000
Price Per SF
$1,227.63
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.24 AC
Zoning
C-1
Parking
11 Spaces (4.58 Spaces per 1,000 SF Leased)
Frontage
40’ on Lee Hwy
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-003-011 | Improvements Assessment | $501,300 |
| Land Assessment | $560,100 | Total Assessment | $1,061,400 |
PROPERTY TAXES
Parcel Number
08-003-011
Land Assessment
$560,100
Improvements Assessment
$501,300
Total Assessment
$1,061,400
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Prime Free Standing Retail Building | 5050 Langston Blvd
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