Duke Street Development — Sale in Alexandria, VA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Alexandria, VA 22314

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Description

Marcus & Millichap is pleased to present for sale the 0.4 acre parcel totaling approximately 17,555 square feet located along Duke Street in Alexandria, Virginia. The site is positioned between Old Town/Eisenhower Valley and the Landmark redevelopment area. It offers near-term development potential under existing zoning, with additional upside tied to the Duke Street Corridor planning initiative. The property is located along the Duke Street corridor, which is currently the focus of a City of Alexandria planning effort aimed at increasing density, improving transit access, and encouraging mixed-use development. The site benefits from proximity to Old Town, Eisenhower Valley, and the Landmark redevelopment. Approximately one mile to King Street and Eisenhower Avenue Metro stations. The planned Duke Street Transitway (bus rapid transit) is expected to further enhance connectivity along the corridor. Investment Highlights: • Prime Location Along Duke Street in an Evolving High-Traffic Corridor • Parcel Features a 11,560-Square-Foot Commercial Building on 0.4 Acres • Adjacent to Planned 94-Unit Witter Place Multifamily Development • Strong Long-Term Investment Upside Supported by Growing Residential Density

Market Context

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