List price is Opening Bid Only at the Online auction to be conducted on Auctioneers website. Auction ends Thursday, April 24, 2025 at 12:00 PM. In Cooperation with Orin Luke of Fairfax Realty Premier. Prime Investment Opportunity – Fully Leased Commercial Property! This improved mixed-use building is currently NNN leased to Sakura Cafe Carry Out II, offering a strong income stream with minimal management required! The tenant has occupied the space since November 1, 2022, and is currently in Year 3 of a 5-Year NNN lease. There is a 5% annual rent increases which is projected to reach $58,344 annually by 2027. Tenant covers all utilities, maintenance and real property taxes. Current Monthly Rent of $4,410**Current NNN Annual Rent of $52,920** The main level features a fully operational restaurant, complete with a take-out counter, full commercial kitchen, walk-in cooler, stove, deep fryers, and a half bathroom. The tenant also has access to the basement that has storage space and utilities. The upper level is separately metered and includes 2 spacious bedrooms and 2 full bathrooms. Don’t miss your chance to own a stabilized, income-producing asset in a high-demand location! Features Include: Two Meters, 2 Entrances, Upgraded Wood type floors & Tile throughout property, Each bedroom upstairs has a ductless mini split system, Washer & Dryer. Do not miss this great investment opportunity! Please contact Carley Cooper or Orin Luke to schedule a walkthrough for the following dates. Saturday, April 5, 2025, Sunday, April 6, 2025, Saturday, April 12, 2025, Sunday, April 13, 2025.
910 Sq Ft Exterior Space
Commercial
$960 Annual Tax
Built in 1890
MLS/Listing ID MDBA2158600
1 Units
Listing Courtesy of ALEX COOPER AUCTIONEERS, INC., CARLEY R. COOPER - 443-470-1447
Source of Data: BRIGHT MLS
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the BrightMLS. Real estate listings held by brokerage firms other than Douglas Elliman of VA are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Last date updated: 04/30/2025.
Source: Bright Multiple Listing Service, Inc.
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