10403 MAIN ST, FAIRFAX,VA 22030

$1,250,000

10403 MAIN ST, FAIRFAX, Virginia 22030 - $1,250,000

Marketed by Virginia Estates

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Description

Investment Opportunity: 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 income of $52,000. 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.

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Property Details
Basic Details
Property Type : Land
Price : $1,250,000
Year Built : 1910
Status : Active

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Features
: Hot water, Programmable thermostat
: Central a/c
: Public

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Address Map
US
VA
Northern Virginia
FAIRFAX CITY
FAIRFAX
22030
W78° 41' 40.3''
N38° 50' 45.4''

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

Additional Details
1,141 Sq.Ft
: Cr
: Wood
N
: Settlement
Public Sewer
: Public
$0
1095.53
2024
2883

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

For Detailed Buyer Information Call (434) 981-5923 or email rick@virginiaestates.com

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    For immediate response contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.
    Virginia Estates uses MLS data from Charlottesville Area Association of Realtors, Richmond Association of Realtors, Chesapeake Bay & Rivers Association, and Bright MLS to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. Virginia Estates has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website. Long & Foster Real Estate, Inc. represents the interest of the seller 7039384200 VAFC2005516. What is IDX? According to IDXBroker.com, IDX (Internet Data Exchange) allows agents and brokers to access and display MLS listing information on their real estate websites. Also known as Broker Reciprocity, the term "IDX" refers to the software, rules and regulations which allow MLS data to show on your site. This data feed typically encompasses the listing data for properties entered into the MLS system, while IDX rules may determine where, what, and how it is displayed.
    For buyer representation by Virginia Estates contact RICK WALDEN 434-981-5923, RICK@VIRGINIAESTATES.COM.