Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1910
Sq.Footage
1,141
Enjoy rental income, own and benefit from this well located street-level Business Real Estate. Investment Opportunity with SOLID Tenant: 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. Showings: By appointment only, with 24-hour notice required. The listing agent must accompany all showings. 1031 Tax Deferred Exchange. New HVAC 2026
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street, Garage, Parking Lot
-
Pool
No
-
Waterfront YN
NO
-
View
City, Street
Area & Lot
-
Lot Features
Corner Lot
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,250,000
-
Tax Amount
$3,155
-
Zoning
C-2 (Ask the City of Fairfax)
-
Sq. Footage
1,141
-
Price/SqFt
$1,095
HOA
-
Association
YES
-
Association Fee Includes
N/A
School District
-
Elementary School
DANIELS RUN
-
Middle School
KATHERINE JOHNSON
-
High School
FAIRFAX
Property Features
-
Stories
2
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
FAIRFAX CITY
Elementary School
DANIELS RUN
Middle School
KATHERINE JOHNSON
High School
FAIRFAX
Listing Courtesy of Christopher Craddock, EXP Realty, LLC
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Salesperson, Realtor
Nicholas Welti
Call Nicholas today to schedule a private showing.
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