459 Herndon Pkwy #7-8a, HERNDON, 20170

REDUCED 5% Commercial Sale - Condo, Office For Sale


MLS® #: VAFX1076516
Active, 312 Days on Market

Rare opportunity to own within walking distance of the Herndon Metro Station. Aggressively priced and perfectly located, this 3,420 SF office condo is ideally suited for any office, educational, or medical business. At $265/SF the cost of ownership is over 20% below market rental rates for comparable properties. Comprised of 2 units, the property has both an interior and exterior entrance, 2 sides of windows, and (double) building signage facing Herndon Pkwy. The unit features exposed ceilings and whiteboard walls with 5 offices, a large conference room, kitchen, 2 bathrooms, and ample, open space for cubes. Parking is free, unreserved, and abundant. The property is located right at the intersection of Spring St and the Fairfax County Parkway, mere minutes from Reston Town Center and Dulles Airport, and within a half mile of the new Herndon Metro Station set to deliver in 2020. With the delivery of the 2nd phase of the Silver Line in 2020, the new owner should see significant appreciation in property values and market rents. Condo fees are only $3.92/SF/yr and cover all common area maintenance.

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Price & Status History

Date Details
Price Reduced from $954,520 to $906,300

Essential Information

MLS® #: VAFX1076516
Price: $906,300
Condo Coop Fee: $0
Bathrooms: 0.00
Square Footage: 3,409
Acres: 0.00
Year Built: 2005
Type: Commercial Sale
Sub-Type: Condo, Office
Status: Active
Taxes: $12,127
Tax Year: 2019

Community Information

Address: 459 Herndon Pkwy #7-8a
State: VA
Zip Code: 20170


Heating: Central
Cooling: Central A/C


Exterior: Brick and Siding, Block

School Information


Additional Information

Listing Office: Century 21 New Millennium
Date Listed: July 19th, 2019
Days on Market: 312


$/SqFt: $266

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Listing information last updated on May 25th, 2020 at 3:35am EDT.