Washington DC Real Estate & Commercial for Sale

Price now includes 1 parking space! Talk about a profit margin! This shovel-ready MU-4 property includes all the architectural, structural, & MEP PLANS with PERMITS to build a 6 unit, 4,501 sq ft Condominium Building. According to the Plans (available in Docs), the Area Schedule (FAR) is 3,076 sq ft and the Area Schedule (GBA) is 4,529 sq ft. ------------------ Unit 1 is designed as a 712 sq ft two bedroom, two bathroom condo. Unit 2 is a 469 sq ft one bedroom, one bathroom condo. Unit 3 is a 574 sq ft one bedroom, one bathroom ground floor commercial space. Unit 4 is a 463 sq ft one bedroom, one bathroom. Unit 5 is a 689 sq ft two bedroom, one bathroom condo. Unit 6 is a 1,264 sq ft three bedroom, 2 bathroom condo. There is a private roof deck on the 2nd and 3rd floors, a balcony on the 4th floor, and a private roof deck at the penthouse level. Consider working with riversmart homes to make the green rooftop and it may be subsidized. ------------------ Directly to the South, 7700 Georgia Ave NW is a newly completed 33-unit condominium building. All 33 units combined are selling for $16,600,800 with an average unit price of $503,055. ------------------ Another great example of new construction resale values is the recently built Brooks Condominiums located at 6803 Cameron Dr NW. These 2bd/2ba condos sold from $639,900 to $943,200. The average closed sales price was $760,114 and the average sold price/sqft was $724.14. ------------------ Multiply the average price/sqft ($724.14) by the sellable sq ft of this development (4,171 sq ft) and the ARV is $3,020,388. This indicates a huge spread from the asking price! ------------------ The project is centrally located in the coveted Shepherd Park neighborhood of DC across the street from the Tomoka Coffee House on Georgia Ave NW. Thanks to its sought after location, future residents will enjoy all that Downtown Silver Spring and Takoma Park have to offer: shops, restaurants, gyms, parks, Farmerâs market, grocery stores, The Commas Food Hall, AFI Theater, The Fillmore, and all the new development at The Parks at Historic Walter Reed (a one billion dollar project that will feature a combination of over three million square feet of dining, retail, office space, residential, and over 20 acres of open space). ------------------ Everyone loves fresh air. Future ownerâs can enjoy time outdoors jogging, biking, horseback riding, and various playgrounds and picnic sites at nearby Rock Creek Park, Juniper Trailhead, and Jesup Blair Park. ------------------ Located on several main arteries, with quick access to downtown DC, just a 15 minute walk to the Silver Spring Metro Station (Red Line and future Purple Line), and less than 2.5 miles from the 495 beltway; this neighborhood provides easy accessibility for any commuter. With a walkscore of 90 (walkerâs paradise), most errands can be accomplished on foot. And as The Parks at Historic Walter Reed are completed, that score is only going to go up. ------------------ Dining in Silver Spring is extremely varied, including American, African, Burmese, Ethiopian, Moroccan, Italian, Mexican, Salvadoran, Jamaican, Vietnamese, Lebanese, Thai, Persian, Chinese, Indian, Greek, and fusion restaurants, as well as many national and regional chains. ------------------- Disclaimer: All information is deemed reliable but not guaranteed; buyer to do their own due diligence.

PRICE ADJUSTMENT! Established, modern 2-level multi-use building located in a prime business location with booming development all around. Prominently situated within walking distance to the all-new multi-phase development; The Parks at Historic Walter Reed with a new Whole Foods Market. The Parks is a major, one billion dollar project in development. Strong potential for increased foot traffic and values as part of the vibrant and progressing Brightwood neighborhood. This turn-key property is subject to one residential lease ending 2/29/2024. The retail space is vacant. The updated storefront unit is built out into a hair salon that originally opened in 1999 and remodeled in 2012. It features a large open space with LVP flooring, modern lighting, 6 stylist stations, an esthetician station, 3 shampoo stations and multiple hair drying stations, a half bath, and a staff lounge/storage area. The upper level offers a fully remodeled open floor plan unit with 2 bedrooms, Den, 1 full bath, an attractive open kitchen with stainless steel appliances (two ovens), granite countertops, large center island with granite, hardwood floors, stacked washer and dryer, trendy metal stair railing â urban charm! The exterior offers a large private deck, 1 parking space in the rear of the building and ample street parking. There is also a basement area where the utilities are housed. Units are separately metered. This offering is a rare opportunity to acquire a self-sufficient real estate investment with strong property management. Are you a seasoned stylist or barber and ready to step into your destiny of salon ownership â do not miss this fantastic opportunity! Become an owner occupier, live upstairs and work while running your salon or other business downstairs. Property being sold AS-IS. Weekend showings require 24 hoursâ notice. All showings by appointment.

Prime Location! Rare Gem! Bright and Spacious New Development Opportunity in desirable Shepherd Park. 10 Unit Apartment Building Offered at $5,495,000 at a 6.44% Cap Rate in Washington, DC. Own your future residence with modern touches at a special launching price. Great investment value! This stylish Green Building is situated just beside the beautiful new 66-acre development at Walter Reed, with retail, entertainment, hotel, office, health care, schools, and 22 acres of parks and plazas. Situated in a vibrant part of the city with the comfort of modern living! MESKEN 1103 offers great living spaces surrounded by shops, restaurants, parks, and accessible transportation. Each of the ten condos has been designed to be functional and make the best use of the space. Experience urban convenience with a neighborhood feels in your new place. This is your chance to reserve your new home! Pics for the Model Home! Units starting at 459K.