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Marjorie Dick Stuart

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5216 Wilson Blvd N, ARLINGTON, VA – $2,150,000

  • $2.2M Price
  • 1,840 Sqft
  • .09 Acres
  • 254 DOM
  • $2.2M Price
  • 1,840 Sqft
  • .09 Acres
  • 254 DOM

5216 Wilson Blvd N

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!

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Essential Information

  • MLS® #VAAR2032592
  • Price$2,150,000
  • Bathrooms0.00
  • Square Footage1,840
  • Acres0.09
  • Year Built1952
  • TypeCommercial Sale
  • Sub-TypeRetail
  • StatusActive Under Contract

Community Information

  • Address5216 Wilson Blvd N
  • SubdivisionBRANDON VILLAGE
  • CityARLINGTON
  • CountyARLINGTON-VA
  • StateVA
  • Zip Code22205

Amenities

  • ParkingSurface

Interior

  • HeatingHeat Pump(s)
  • CoolingCentral A/C
  • # of Stories2

Exterior

  • RoofFlat

Lot Description

Front Yard, Rear Yard, Road Frontage

School Information

District

ARLINGTON COUNTY PUBLIC SCHOOLS

Additional Information

  • Date ListedJune 21st, 2023
  • Days on Market254
  • ZoningC-1

Listing Details

  • OfficeSamson Properties
  • Office Contact(703) 378-8810
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Price Change History for 5216 Wilson Blvd N, ARLINGTON, VA (MLS® #VAAR2032592)

Date Details Price Change
Active Under Contract (from Active) – –
Price Reduced (from $2,400,000) $2,150,000 $250,000 (10.42%)

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Listing information last updated on May 9th, 2024 at 8:31am CDT.