5216 Wilson Boulevard N Arlington, VA ^$ 1,900,000

5216 Wilson Boulevard N

^$ 1,900,000

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5216 Wilson Boulevard N

Arlington, VA, 22205

^$ 1,900,000

Studio Baths0.0 Sq 1,840

Monthly Estimate*

^$ 12,628

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5216 Wilson Boulevard N, Arlington, VA 22205 - Image 2

5216 Wilson Boulevard N, Arlington, VA 22205 - Image 3

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5216 Wilson Boulevard N, Arlington, VA 22205 - Image 9

5216 Wilson Boulevard N, Arlington, VA 22205 - Image 10

Studio

Commercial Property for sale in Arlington, VA

for $1,900,000. This 1,840 square foot building was built in 1952 on a lot size of 0.09.

NNN INVESTMENT OPPORTUNITY, SALE LEASE-BACK. Minutes from Ballston! Restaurant and Hookah Lounge with late night hours. Owner spent over $120k to renovate the property, including a brand new 15-year warranty roof. Lebanese concept and hookah lounge on "Restaurant" Blvd. Basement lounge featuring a second kitchenette and 18-20 tables, as well as 50-60 seats outdoor on a two tiered 1100 sq ft patio and deck. Sale Lease-back terms offered at 10 years base rent with 2 (5) year options. Absolute NNN 7.53% cap rate; 162k NOI. Great 1031 option!

Commercial Active

Price

^$ 1,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,344

Style

Restaurant/Bar

Lot Size

0.09

Year Built

1952

Town/City

Arlington

County/Region

Arlington

MLS | Web ID

VAAR2032592

Features

Interior

Heating Fuel Natural Gas

Hot Water Natural Gas

Total Stories 2

Heating Y/N Y

Street Suffix BOULEVARD

Central Air Y/N Y

General

Sewer Public Sewer

Heating Heat Pump(s)

Cooling Central A/C

Possession 0-30 Days CD

Roof Flat

Zoning C-1

Construction Materials Masonry

Year Built 1952

Property SubType Retail

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel Electric

Business Type Restaurant/Bar

Accessibility Other

County ARLINGTON

New Construction N

Property Type Commercial Sale

Subdivision Name BRANDON VILLAGE

Possible Use Restaurant Retail Bar/Tavern/Lounge

Water Access Y/N N

Status ACTIVE

Directions Off of Wilson Blvd

City ARLINGTON

Buyer Agent Compensation 3

Lot Size Square Feet 4073.00

Waterfront Y/N N

Street Name WILSON

Tax Annual Amount 11344.0

Property Condition Average

Price Per Sq Ft Total 1027.03

Acceptable Financing Cash Conventional

Vacation Rental Y/N N

Days on Market 255

Standard Status Active

Year Built Source Assessor

Tax Lot 109

Buyer Agent Compensation Type % Of Gross

Exterior

Parking Features Surface

Lot Features Front Yard Rear Yard Road Frontage

Water Source Public

Type of Parking Other Driveway

Water View Y/N N

Building Area Total 1850.00

Lot Size Acres 0.09

Road Surface Type Paved Access - Above Grade

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 220300.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 5216

* Excluded Features

List By

Samson Properties

Broker

ahmad@srg-commercial.com

Affordability Calculator

$13,573

Per Month

Monthly Principal & Interest: $12,628
Monthly Property Taxes: $945
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Arlington, VA

Average List Price ^$1,916,000

Percent of Sale Price 1%

About Arlington, VA

234,847 Population

24% Since 2002

^$114,262 Median Income

37.62 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/20/2024	$1,900,000	-11.63%	Price Down
8/28/2023	$2,150,000	-10.42%	Price Down
6/21/2023	$2,400,000		Listed Price

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5216 Wilson Boulevard N, Arlington, VA, 22205 is a Commercial Property for sale at $1,900,000 with 1,840 sqft and a lot size of 0.09. 5216 Wilson Boulevard N is a studio with 0.0 baths and was built in 1952. The property's zip code is 22205 which is in Arlington, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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5216 Wilson Boulevard N

Commercial Property for sale in Arlington, VA

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