$1,255,000
●
Commercial -
Off Market
2300 N PERSHING DR #A
ARLINGTON, VA 22201
Studio
0 Bath
$5,893
Estimated Monthly
About This Property
Presenting an exceptional commercial real estate opportunity at the
corner of N. Pershing and N. Wayne in Arlington, this former
restaurant is available for new ownership. Located in the
thriving neighborhood of Lyon Park surrounded by luxury apartments
and an array of shops including Bon Chon, El Fuego, Paisano's, plus
beauty salons and nail shops, this property enjoys a prime spot in
the heart of the action close to Fort Myer.
Step inside to discover an 18' x 48' dining area with a welcoming tile floor and a high, open ceiling, creating an airy atmosphere. The property is being sold in "As Is" condition with all existing furniture, fixtures, and equipment (FF&E) currently on site. The property comes with a comprehensive set of kitchen and restaurant equipment, including deli cases, a beverage case, commercial kitchen appliances, a Point of Sale (POS) system, and more. The kitchen boasts essential equipment such as an AutoDoner vertical broiler, deep fryer, flat top grill, rotisserie, two Rational convection ovens, and two CaptiveAire hoods with Ansul fire suppression, ensuring efficient and safe food preparation. Other features include a Hobart commercial dishwasher, a large 3-sink dishwashing station, and a Delfield prep table. Food storage is well-covered with two 3-door freezers, one of which is a True brand, and a True brand two-door stand-alone refrigerator. All equipment is approximately 15 years old, installed in 2008. Additionally, the dining room includes two TVs, a half dozen cameras, and sound speakers catering to entertainment and security requirements.
The interior furnishings include approximately 11 regular tables, 5 high top tables, and 34 chairs, offering flexibility in terms of seating arrangement. There are two bathrooms and a rear office and storage closet. Parking is convenient with a large, free parking lot located behind the building. The property also features a large 800 SF outdoor patio seating area, providing an inviting space for al fresco dining. The condo fee is $1,003.63 per month. Whether you aspire to launch a new culinary venture or plan to adapt the space for alternative uses, this real estate opportunity offers great potential.
This property is being sold by a Bankruptcy Trustee. There is a pending offer subject to higher and better bids. The sale hearing date is scheduled for Tuesday, December 19th @ 11am. Contact listing agent for details.
Step inside to discover an 18' x 48' dining area with a welcoming tile floor and a high, open ceiling, creating an airy atmosphere. The property is being sold in "As Is" condition with all existing furniture, fixtures, and equipment (FF&E) currently on site. The property comes with a comprehensive set of kitchen and restaurant equipment, including deli cases, a beverage case, commercial kitchen appliances, a Point of Sale (POS) system, and more. The kitchen boasts essential equipment such as an AutoDoner vertical broiler, deep fryer, flat top grill, rotisserie, two Rational convection ovens, and two CaptiveAire hoods with Ansul fire suppression, ensuring efficient and safe food preparation. Other features include a Hobart commercial dishwasher, a large 3-sink dishwashing station, and a Delfield prep table. Food storage is well-covered with two 3-door freezers, one of which is a True brand, and a True brand two-door stand-alone refrigerator. All equipment is approximately 15 years old, installed in 2008. Additionally, the dining room includes two TVs, a half dozen cameras, and sound speakers catering to entertainment and security requirements.
The interior furnishings include approximately 11 regular tables, 5 high top tables, and 34 chairs, offering flexibility in terms of seating arrangement. There are two bathrooms and a rear office and storage closet. Parking is convenient with a large, free parking lot located behind the building. The property also features a large 800 SF outdoor patio seating area, providing an inviting space for al fresco dining. The condo fee is $1,003.63 per month. Whether you aspire to launch a new culinary venture or plan to adapt the space for alternative uses, this real estate opportunity offers great potential.
This property is being sold by a Bankruptcy Trustee. There is a pending offer subject to higher and better bids. The sale hearing date is scheduled for Tuesday, December 19th @ 11am. Contact listing agent for details.
Unit Size
-
Days on Market
14 days
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$743
HOA Dues
-
Year Built
-
Last updated: 22 days ago (Bright MLS #VAAR2036874)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 2, 2024 | Sold | $1,255,000 | |
Sold | |||
Oct 12, 2023 | Listed by CENTURY 21 Commercial New Millennium | $1,200,000 | |
Listed by CENTURY 21 Commercial New Millennium | |||
Sep 28, 2020 | No longer available | - | |
No longer available | |||
Jun 26, 2020 | Listed | $1,900,000 | |
Listed | |||
|
|||
Prime Turn-Key Restaurant in sought after Lyon Park (6 blocks to
Clarendon). Corner location offers excellent visibility with
signage on 3 sides of the building. Owner-occupied since new, the
interior is configured with about 60% open dining, with additional
dining area of approx. 850 SF on the outdoor patio. A service
counter and food display cases separate the dining area from the
kitchen. There are 2 bathrooms on premises. Abundant parking in the
common area parking lot to the rear of…
|
|||
Apr 8, 2020 | No longer available | - | |
No longer available |
Show More
Property Highlights
Parking Available
Elevator
Air Conditioning
Parking Details
Parking Features: Parking Lot
Total Garage and Parking Spaces: 20
Exterior Details
Property Information
Property Manager Present
Ownership Interest: Condominium
Year Built Source: Estimated
Building Information
Construction Materials: Brick
Lot Information
Tidal Water: N
Land Information
Land Assessed Value: $774,300
Financial Details
County Tax: $8,811
County Tax Payment Frequency: Annually
Tax Assessed Value: $774,300
Tax Year: 2020
Tax Annual Amount: $8,912
Year Assessed: 2020
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Other
Hot Water: Other
Sewer Septic: Public Sewer
Water Source: Public
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
4
Beds
2
Baths
1,470 ft²
$769/ft²
$1,130,000
Jan 18, 2024
$1,130,000
Apr 9, 2024
-
House
3
Beds
3
Baths
2,531 ft²
$515/ft²
$1,304,239
Apr 4, 2024
$1,304,239
Apr 29, 2024
-
House
4
Beds
4
Baths
1,380 ft²
$895/ft²
$1,235,000
Feb 2, 2023
$1,235,000
Feb 28, 2023
-
Townhouse
3
Beds
4
Baths
2,160 ft²
$507/ft²
$1,095,000
Aug 2, 2023
$1,095,000
Sep 8, 2023
$100/mo
Sold
House
3
Beds
2
Baths
1,686 ft²
$623/ft²
$1,051,000
Mar 21, 2024
$1,051,000
Apr 9, 2024
-
House
4
Beds
4
Baths
1,612 ft²
$806/ft²
$1,300,000
Sep 19, 2023
$1,300,000
Dec 22, 2023
-
Condo
2
Beds
2
Baths
1,390 ft²
$788/ft²
$1,095,000
Apr 11, 2024
-
-
In Contract
Condo
2
Beds
2
Baths
1,337 ft²
$823/ft²
$1,100,000
Apr 3, 2024
-
-
Active
Condo
2
Beds
2
Baths
1,530 ft²
$654/ft²
$999,990
Apr 15, 2024
-
-
In Contract
Condo
3
Beds
3
Baths
1,832 ft²
$560/ft²
$1,025,000
May 1, 2024
-
-
In Contract
Condo
2
Beds
2
Baths
1,287 ft²
$754/ft²
$970,000
Aug 18, 2023
-
-
In Contract
House
4
Beds
3
Baths
2,267 ft²
$582/ft²
$1,319,000
Apr 26, 2024
-
-
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/12/2023
|
Loft
|
-
|
-
|
$1,200,000
Loft
-
|
$1,255,000
+4.58%
01/02/2024
|
-
|
Stephen Karbelk
CENTURY 21 New Millennium
|
|
03/24/2023
|
Loft
|
-
|
-
|
$1,100,000
Loft
-
|
-
-
|
-
|
Daniel Carrillo
Taylor Properties
|
|
09/19/2022
|
Loft
|
-
|
-
|
$1,100,000
Loft
-
|
-
-
|
-
|
Daniel Carrillo
Taylor Properties
|
|
10/23/2020
|
|
Loft
|
-
|
-
|
$1,899,000
Loft
-
|
-
-
|
-
|
-
|
06/26/2020
|
Loft
|
-
|
-
|
$1,900,000
Loft
-
|
-
-
|
-
|
-
|
|
09/19/2019
|
Studio
|
-
|
-
|
$1,900,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
2300 North Pershing Drive
2300 North Pershing Drive, Arlington, VA 22201
- 3 Units for Sale
About Lyon Park
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