3400 Mount Vernon Ave, Alexandria, VA 22305

$1,110,000

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Sold Price
$1,110,000
List Price
$1,399,000
Closing Date
Mar 30, 2026
Days on Market
57
Status
CLOSED
MLS#
VAAX2053068
Lot Size (Acres)
0.26
Year Built
1918
County
Alexandria City
School District
Alexandria City Public Schools

Property Description

Land / Redevelopment Opportunity – South Glebe Offered for sale is a prime redevelopment site located in the South Glebe submarket, an infill corridor featuring a mix of convenience retail, neighborhood-serving commercial, and lower-density multifamily uses. The area is transitional in nature and experiencing ongoing infill activity. The property is improved with an older structure of uncertain use and occupancy; however, the offering is best considered a land value site, with the existing improvements assumed to be a scrape. There is currently one upper level apartment, currently occupied, with 2 bedrooms and 1 full bath. The site is surrounded by a variety of uses, including a national fast-food operator immediately adjacent, older townhomes to the rear, a smaller surface-parked multifamily property to one side, and neighborhood retail across the street. This diverse context supports a wide range of potential redevelopment scenarios. Potential Uses (Subject to Zoning & Approvals): 1. Retail pad or QSR development (sale or long-term ground lease) 2. Small-scale infill multifamily with surface or structured parking Assemblage opportunity with adjacent multifamily property for larger residential or mixed-use development This offering provides investors and developers with multiple paths to value creation in a well-located, evolving submarket.

Additional Information

Subdivision
Wilmar Park
School District
Alexandria City Public Schools
Elementary School
Mount Vernon
Middle School
George Washington
High School
Alexandria City
Heating
Hot Water, Radiator(s)
Cooling
Ceiling Fan(s)
Roof
Fiberglass
Utilities
Natural Gas Available, Sewer Available, Water Available, Electric Available
Water
Public
Sewer
Public Sewer

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Listing courtesy of Long & Foster Real Estate, Inc.. Contact:

Selling Office: Tartan Properties, Inc..