Commercial Properties for Sale or Lease in Alexandria, VA
With a population of about 150,000 residents and covering 15 square miles of land, the independent city of Alexandria, Virginia is steeped in tradition yet rapidly evolving. Commercial properties for sale in Alexandria are intrinsically linked to the region’s history—the city was first settled due to laws mandating that tobacco crops be warehoused and inspected before being shipped out for sale. The waterfront location along the Potomac River was selected for this purpose and so Alexandria was born.
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Commercial interests have continued to drive Alexandria’s development ever since those embryonic days. The waterfront region in Old Town Alexandria has been home to every imaginable form of enterprise over the years and buildings from the past have wound up being repurposed for other means. Old industrial warehouses have been redeveloped into luxury condos for sale, for instance, and a torpedo factory became an art museum and work space environment.
There are a myriad of other instances in which old commercial properties have been transformed or replaced—a brewery was converted to loft condos and a sheet metal office workers buildings became the upscale Oronoco flats. The Potomac Yard rail facility was once one of the largest of its kind, and has now been redeveloped into a mini-city with stores, businesses and homes for sale. Or what about Cameron Station—a former army barracks that became a community of townhomes?
Alexandria has become much more than a warehouse location since its earliest settling. It is now one of the most vibrant cities in the country, attracting tourists in droves for its shops and historic waterfront setting, and highly sought-after by new residents and businesses alike. Its proximity to Washington DC is also a large part of the appeal, as is its strong economy and government related jobs. And so, it should be no surprise that commercial properties for sale in Alexandria are big business. Call District Partners at Compass, 202-798-3600, to learn more.