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1908 Mt Vernon Avenue

Alexandria, VA 22301

– beds
– baths
13,096 sqft
5,152 sqft lot
$301 per sqft
1946 build

Looking for an awesome location in the eclectic Del Ray neighborhood with a huge wow factor, and income from solid tenants to partially offset your mortgage? This 3-story brick building with art-deco elements is your answer. Referred to as “perhaps the most distinctive building” on Mt. Vernon Ave., AKA the “Main Street” of Del Ray, now you can put your own personal design stamp on a luxury residential conversion of the third floor of this 13,000 SF mixed-use building. Currently built out as high-end creative office space, it’s been intentionally left vacant for a new owner to carry out his/her own vision. Seller is offering it as is only. Conversion to residential on 3rd floor is at option/cost of Purchaser. Zoning is CL (Commercial Low), which allows residential over the existing commercial, up to four 1-BR units or a single unit as proposed. Renderings for a 3-BR, 2-BA, approx. 3,500 SF floor are included in the offering as an example of what the space could look like if converted. An interior staircase on the third floor leads to the wow factor--a small penthouse space and a rooftop deck, where you’ll see outstanding views of both Del Ray and the greater Alexandria area. Rooftop decks are fast becoming a major value-added feature in urban development, and here’s an opportunity to maximize this space too. Included in the offering, and must be sold with, are 115 E. Howell Ave. (2,875 SF; Tax ID 14958500) and 117 E. Howell Ave. (2,875 SF; Tax ID 14959000), both zoned RB residential. 1908 Mt. Vernon Ave. (Tax ID 14960010), is the “parent” parcel of these lots and its assessment includes their value. The residential lots are used for parking by the commercial tenants under a special-use permit that will need to be renewed by the new owner. A big plus to a new owner are the 22 parking spaces on these lots, incredible to find anywhere in Alexandria. The second floor office space was upgraded with last year with new carpet and paint at a cost of $30,000, and the existing third floor office space underwent a $230K renovation in 2008, including skylights. Ground floor tenant USPS and second floor iData just renewed leases for a 5-year extension effective January 2024, providing $225,000 in gross income, before expenses. Property is also listed under Commercial. See MLS# VAAX2029718.

Listing courtesy of BRIGHT / Capital Realty Advisors

Last checked: Checking… • Last updated Oct 17, 2024 •

MLS# VAAX2030462 —

The Building

Year Built:

1946
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Block, Brick
Structure Type:

Other
Architectural Style:

Art Deco, Federal
Levels:

3
Elevators:

1
Security Features:

Security System, Sprinkler System - Indoor
Accessibility Features:

36, Elevator, 32
Basement:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished SqFt:

13096
Above Grade Finished SqFt Source:

Assessor
Below Grade Finished Area Units:

Square Feet
Below Grade Unfinished Area Units:

Square Feet
Below Grade Finished SqFt Source:

Assessor
Below Grade Unfinished SqFt Source:

Assessor
Tax Total Finished SqFt:

13096

Interior

Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

13096
Living Area SqFt:

13,096 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

From Beltway/495, take exit 176B onto SR-241 North, Telegraph Rd toward Alexandria. In 0.6 mile, take a slight right turn onto SR-236 East toward Downtown Alexandria. In 0.5 mile, take a slight left turn onto Callahan Dr. In 0.4 mile turn right onto W Linden St. In 0.1 mile, turn left onto Commonwealth Ave. In 0.9 mile, turn right onto E Howell Ave. In 0.2 mile turn right. In 98 ft, turn left. In 62 ft, the destination is on your left.
Cross Street:

Howell
Latitude:

38.82374000
Longitude:

-77.05834000

The Property

Property Type:

Residential
Lot Size Units:

Square Feet
Lot Size Acres:

0.12
Lot Size Source:

Assessor
Lot SqFt:

5,152 Sqft
Additional Parcels:

Yes
Additional Parcels:

115 E. Howell Ave. #14958500 117 E. Howell Ave. #14959000
Zoning:

CL
Zoning Description:

C-L zoning allows both commercial and residential. The two lots included on E. Howell Ave. are zoned RB, a residential zoning.
View:

City, Panoramic
In City Limits:

Yes
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

45
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

14960010
Tax Year:

2024
Tax Lot:

501
Tax Annual Amount:

$27,467
Tax Assessed Value:

$2,420,000
Year Assessed:

2024
City/Town Tax:

27467.00
Total Taxes Payment Frequency:

Annually

The Listing

Virtual Tour

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Steam
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

Natural Gas
Water Source:

Public

Schools

Elementary School:

Mount Vernon
Middle School:

George Washington
High School:

T.C. WILLIAMS
School District Name:

Alexandria City Public Schools
School District Source:

3rd Party

The Community

Subdivision Name:

Del Ray
Senior Community:

No
Pool:

No Pool
HOA:

No
Condo/Coop Association:

No

Parking

Total Garage and Parking Spaces:

22
Garage:

No
Type of Parking:

Parking Lot
Parking Lot - # of Spaces:

22

Extra Units

Vacation Rental:

No

Monthly cost estimate

Asking price

$3,950,000

Expense	Monthly cost
Mortgage	$21,151
Taxes	$2,288
Insurance	$1,086
Utilities	N/A
Total	$24,525/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/23/24 Jul 23, 2024	Price Changed	BRIGHT	$3,950,000	-11.7%
1/20/24 Jan 20, 2024	Listed / Active	BRIGHT	$4,475,000

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This house located in Potomac West, Alexandria, VA 22301 is currently for sale for $3,950,000. 1908 Mt Vernon Avenue is a 13,096 square foot house with – beds and – baths. 1908 Mt Vernon Avenue is in the Potomac West neighborhood of Alexandria and has a WalkScore® of 93, making it a walker’s paradise. This house is in the attendance area of Alexandria City High School Minnie Howard Campus, Mount Vernon Elementary School, Alexandria City High School, and George Washington Middle School.

Listing Courtesy of: BRIGHT and Capital Realty Advisors.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.