2300 N Pershing Drive N , B

Description

SELLER IS SELLING AT OR ABOVE $795,000. EXTREMELY MOTIVATED SELLER SELLING BELOW TAX ASSESSMENT AND MARKET VALUE.The Bromptons at Lyon Park Retail Auction. Ground-Floor Retail Condo · Two Separately Metered Suites · Arlington, VA 22201Property is being sold through a simulcast (online and in person) auction on August 27th at 12 PM at the property location. List price does not reflect the final sale price. Property conveyed as is, where is. There is a 10% buyer's premium. Property sale is subject to seller confirmation.For all property info , condo docs, and auction registration, go to the listing company's website, https://www.dudleyresources.auction/auctions/detail/bw163537SIMULCAST AUCTION EVENT; ONLINE AND IN-PERSON BIDDING. Ground-floor retail condominium in the heart of Arlington's Lyon Park, inside the Class A Bromptons at Lyon Park building. Previously rented for $13,000 a month. Condo fees are $1035.74 per month. 1,778 SF already demised into two separately metered suites with street-front entrances on N. Pershing Drive plus rear parking-lot access. Abundant free on-site parking ( 90 SPACES), C-1 zoning, and a location minutes from Clarendon, Rosslyn, Crystal City, Amazon HQ2, and Reagan National Airport. The in-person bidding will start at 11 AM and will be held onsite at the property's location.2300 N. Pershing Drive – Retail Space 2 (Unit B), Arlington, VA 22201 Ground-Floor Retail Condominium · 1,778 SF · The Bromptons at Lyon ParkA rare opportunity to acquire a ground-level retail condominium in one of Northern Virginia's most desirable submarkets. Located on a high-visibility corner near N. Pershing Drive and N. Wayne Street, the unit sits within The Bromptons at Lyon Park, a Class A building with an established mix of office, service, retail, and dining tenants. Ideal for investors, owner-users, or portfolio expansion.Built-In Dual-Tenant Flexibility The 1,778 SF is demised into two separately metered suites, giving the next owner real optionality: lease both suites for two income streams, occupy one and lease the other to offset carrying costs, or combine into a single footprint. Each suite offers a street-front entrance on N. Pershing Drive plus rear parking-lot access for staff and deliveries. Both units were rented for a combined $13,000 a month. Total Condo Fees are $1035.74 per month.Parking – The Arlington Advantage: Free, abundant parking in the large rear lot solves the single biggest hurdle for close-in Arlington retail. The building offers 90 spaces, a parking ratio of 28.12 per 1,000 SF — exceptional for a transit-rich, walkable location.Building & Unit FactsBuilding: Class A, three stories, 34,974 SF, built 2004Unit: Retail Space 2 / Unit B, Parcel ID 18-058-025, 1,778 SFZoning: C-1 · Recessed lighting and A/C2025 Tax Assessment: $900,900Prime Location Set in the established Lyon Park neighborhood among luxury apartments, retail, and dining, the property is roughly five minutes from I-395, I-66, Rosslyn, Clarendon, Crystal City, Amazon HQ2, Reagan National Airport, and Washington, DC. The surrounding customer base is young and affluent — Lyon Village's average resident is 31 with a median household income of $141,736.The Income Case Arlington's retail fundamentals support strong rent potential, with average asking rents near $47/SF — pointing to gross rental potential of $80,000+ per year at market, drawn from one tenant or diversified across two. Amazon's $2.53B HQ2 investment (nearly 8,500 employees on-site, targeting 25,000 jobs by 2038) continues to deepen daytime demand across the corridor.Why It Sells ItselfTwo separately metered suites — lease, occupy, or split income from day one90 free on-site parking spaces — the feature Arlington tenants prize mostDual street-front and rear accessClass A corner building in an established retail/dining/office mixAffluent, walkable, six-figure-income customer base