Enjoy rental income, own and benefit from this well located street-level Business Real Estate. Investment Opportunity with SOLID Tenat: Condo Real Estate for Sale with Established Tenant in Fairfax City. Property Size: 1,200 sq ft. Current Tenant: "Bellissimo" Italian Cuisine Restaurant – A well-established, prestigious restaurant that has been a staple in Fairfax City for years. This charming restaurant seats 60 people and is renowned for its high-quality cuisine and loyal clientele. Rent: $5,200/month ($62,400/year). Location: Fairfax City, VA – Ranked among the top 10 safest cities in Virginia, with a population of 25,000 and a median household income of $128,700. The area offers a strong and stable business environment. Local Highlights: Fairfax City is home to the historic Fairfax County Courthouse and George Mason University. The city continues to enhance its infrastructure for pedestrians and cyclists, creating a vibrant, community-friendly atmosphere. Notably, both George Washington and George Mason lived in Fairfax, adding historical charm to the area. Key Investment Features: 1031 Tax Deferred Exchange: This property is offered as part of a 1031 Tax Deferred Exchange. Seller Financing: Available for qualified buyers with good credit and a down payment of $800,000. Additional Investment Opportunities: Buildable land options within a 30-45 minute drive, or local residential income-producing properties can be considered as part of the down payment. Showings: By appointment only, with 24-hour notice required. The listing agent must accompany all showings. 1031 Tax Deferred Exchange. For additional info, contact your preferred Real Estate Agent.
Enjoy rental income, own and benefit from this well located street-level Business Real Estate. Investment Opportunity with SOLID Tenat: Condo Real Estate for Sale with Established Tenant in Fairfax City. Property Size: 1,200 sq ft. Current Tenant: "Bellissimo" Italian Cuisine Restaurant – A well-established, prestigious restaurant that has been a staple in Fairfax City for years. This charming restaurant seats 60 people and is renowned for its high-quality cuisine and loyal clientele. Rent: $5,200/month ($62,400/year). Location: Fairfax City, VA – Ranked among the top 10 safest cities in Virginia, with a population of 25,000 and a median household income of $128,700. The area offers a strong and stable business environment. Local Highlights: Fairfax City is home to the historic Fairfax County Courthouse and George Mason University. The city continues to enhance its infrastructure for pedestrians and cyclists, creating a vibrant, community-friendly atmosphere. Notably, both George Washington and George Mason lived in Fairfax, adding historical charm to the area. Key Investment Features: 1031 Tax Deferred Exchange: This property is offered as part of a 1031 Tax Deferred Exchange. Seller Financing: Available for qualified buyers with good credit and a down payment of $800,000. Additional Investment Opportunities: Buildable land options within a 30-45 minute drive, or local residential income-producing properties can be considered as part of the down payment. Showings: By appointment only, with 24-hour notice required. The listing agent must accompany all showings. 1031 Tax Deferred Exchange. For additional info, contact your preferred Real Estate Agent.
Neighborhood
Type
County
Fairfax City
Tax Amount
$2,883
Status
Active
Listing #
VAFC2005516
Built
1910
Listed on site
116 days
Listing Agent Id
121136087352
