Northern Virginia · Commercial sale
Restaurant at 332 Springvale Rd in Great Falls sells for $3 million
A restaurant at 332 Springvale Rd, Great Falls sold for $3,000,000 on August 31, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $3,000,000
- Sold
- August 31, 2026
- Property type
- Restaurant
- Building area
- 9,523 sq ft
- Price per sq ft
- $315
- Year built
- 1954
A restaurant at 332 Springvale Rd in Great Falls sold for $3,000,000 on August 31, 2026, according to the Fairfax County Department of Tax Administration's sales records. The price tops the property's market value on record of $2,973,630.
The 9,523-square-foot building on a 5.7-acre lot dates to 1954, according to the Fairfax County Department of Tax Administration's records. At that size, the price works out to $315 per square foot.
What this sale costs to close
What does closing cost at this price? Under Fairfax County custom the seller's larger charges are $6,000 for the regional congestion relief fee (Northern Virginia grantor's tax) and $3,000 for the grantor's tax. The seller's estimated net is $2,972,525 before brokerage commissions and any loan payoff. A cash buyer would need about $3,000,361 at closing.
Source: Fairfax County Department of Tax Administration, real estate sales data, document 28788-1629. Property details: Fairfax County Department of Tax Administration. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
