2300 N Pershing Drive, Arlington, VA 22201

Property Description

SIMULCAST AUCTION – ONLINE & ON-SITE BIDDING. AUCTION ENDS AUGUST 27 @ 12 PM. Property sold AS-IS. 10% BUYER'S PREMIUM. List price does not reflect final sale price. 2300 N. Pershing Dr – Retail Space 2 (Unit B), Arlington, VA 22201. Ground-floor retail condo · 1,778 SF · The Bromptons at Lyon Park. Rare chance to own a ground-level retail condo in one of Northern Virginia's most desirable submarkets. High-visibility corner near N. Pershing Dr & N. Wayne St in a Class A building with office, service, retail & dining tenants. Ideal for investors, owner-users, or portfolio expansion. DUAL-TENANT FLEXIBILITY: 1,778 SF demised into two separately metered suites — lease both for two income streams, occupy one and lease the other, or combine. Each suite has a Pershing Dr street entrance plus rear lot access. Both units rented for a combined $13,000/mo. Condo fees $1,035.74/mo. PARKING: Free, abundant parking in the large rear lot — 60 spaces, a 28.12/1,000 SF ratio, exceptional for close-in Arlington. FACTS: Class A, 3 stories, 34,974 SF, built 2004 · Unit B, Parcel 18-058-025, 1,778 SF · Zoning C-1 · Recessed lighting & A/C · 2025 Tax Assessment $900,900. LOCATION: Established Lyon Park among luxury apartments, retail & dining — ~5 min from I-395, I-66, Rosslyn, Clarendon, Crystal City, Amazon HQ2, Reagan National & DC. Lyon Village's average resident is 31 with a median household income of $141,736. INCOME CASE: Arlington average asking rents near $47/SF point to $80,000+/yr gross potential from one or two tenants. Amazon's $2.53B HQ2 (8,500+ on-site, targeting 25,000 jobs by 2038) keeps deepening corridor demand. WHY IT SELLS ITSELF: -- Two separately metered suites — lease, occupy, or split income--- 60 free on-site spaces — Arlington's most prized feature--- Dual street-front & rear access--- Class A corner building in an established mix--- Affluent, walkable, six-figure customer base-- C-1 zoning for broad retail, service & office use--- Market rents near $47/SF with upside