10403 Main St, Fairfax, VA 22030 | Expired

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  • (0)
  • 1 Units
  • Unknown Sq Ft
  • Unknown Sq Ft
  • Unknown Cap Rate
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Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $1,250,000
Property Type Special Purpose
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1910
Last Sold Unknown
Sold Price Unknown
APN # 57 4 23 001
MLS # VAFC2005516
Property ID 321101529
Lot Sqft Unknown
Zoning CR
Total Units 1
Date Updated December 30, 2024
Date Created December 05, 2024
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $62,400 $0
Operating Expenses $ 9,063
Net Income (Yr) $ 53,337
Cap Rate4.27%

Listing Provided By

Rodrigo J Cruz an agent of . Lic #0225070712


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Data last updated: January 02, 2026.
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