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This new construction build is situated on a .05-acre lot, amassing six stories with a rooftop deck. Included in the 8,276 Square Feet of rentable space are six bi-level units and two penthouse each with a separate rooftop deck. Each of the eight units are delivered with condo level finishes including granite countertops, stainless steel appliances, custom granite tops, and much more. The property also comes with two parking spaces for future tenants. A buyer can achieve a NOI of approximately $219,283 in year 1, which operates at a 6.64% Cap Rate based off the sales price. This investment also yields a 15.76% 5- year levered return, which is highly attractive in todayâs market. Future appreciation based off of the corridorâs revitalization should also be considered when analyzing this investment. Since 2000, the median household income in the area has increased by 97.4%. The average household income in 2022 for this corridor is $145,000, approximately 50% higher than the U.S. average. With dozens of development projects set to be completed over the next few years, Brightwood is set to become a retail hot bed, with new commercial real estate being developed on Kennedy Street, and at the Fort Totten metro (five blocks away). The Kennedy Street corridor is a designated âGreat Streetâ corridor that is bolstered by new residential and commercial development. In addition to its recent residential building boom, Kennedy Street offers a mix of independent retailers, restaurants, and specialty grocers. This site is located two miles away from âThe Park at Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical Center. This Park will include 3.1 million square feet of mixed-use development.
Very well located Capitol Hill office building for sale. Property located on the Senate side just across the street from the Thurgood Marshall Federal Judiciary Building and Union Station. The current tenant has been located there several decades and currently operates on a month-to-month lease. The new owner has the option to vacate the space or to ask the current tenant to remain as a partial tenant. This is a very flexible situation for the the right owner-user. There is one parking space in the rear and street parking is available. Additional parking is available at union station
Step into the rich tapestry of Washington D.C.'s history with the opportunity to own a piece of it yourself. Welcome to 653-655 Constitution Ave NE, a meticulously preserved historical corner building dating back to 1900. With its storied past and timeless charm, this property is ready to embark on its next chapter, offering a unique canvas for your vision and aspirations. Boasting an expansive footprint and a prime location, this building places its owner at the heart of one of Capitol Hill's most coveted intersections. Its commanding presence on the corner of 7th Constitution and Massachusetts Ave blocks from Eastern Market Union Station and directly situated between Lincoln Park and Stanton Park offers unrivaled visibility and potential. Whether you envision a boutique retail space, a vibrant cultural hub, or a distinctive residential development, the possibilities are boundless. The architectural grandeur of this property, coupled with its central positioning, sets the stage for a truly transformative endeavor. Immerse yourself in the vibrancy of Capitol Hill, where history, culture, and community converge in perfect harmony. Come explore the endless opportunities that await within this multidimensional property. Seize the chance to make your mark on D.C.'s landscape and own a piece of its illustrious history. Schedule a viewing today and let your imagination soar as you envision the limitless potential of this remarkable property See Disclosure
A stunning four-story Capitol Hill row house with five bedrooms and four- and one-half baths. The first floor has an open layout with hardwood floors, with a large, combined living and dining area off of a redesigned chef-quality kitchen with a Wolf range, two additional Wolf ovens, and double Sub-Zero refrigerators. The kitchen has an eat-in bar area that comfortably seats eight people. Off the kitchen is a red brick outdoor patio for additional entertaining or grilling. The second floor has an ensuite primary bedroom and two additional bedrooms with a shared full bathroom. The third floor features another ensuite bedroom with a large full bathroom. The lower level has a bedroom, full bath, and kitchenette, ideal for guests or nanny suites. The home is feet from Stanton Park and offers easy access to the Eastern Market, Barracks Row, Congress, and Union Station, to name a few.
Here is a great opportunity to own a unique circa 1920 Arts and Crafts style property in the heart of the Historic District of the City. This Commercial property has 6 residential rental units (2 x 2 BR, 3 x 1BR & 1 efficiency) and over 3,000 square feet of space, and 1 retail store with 1100 square feet of space on 2 levels. Just a half-mile stroll to Takoma Metro Station and nearby restaurants and stores are located all around you. Enjoy the July 4th parade from the front porch and the Takoma Street Festival in front of your door and easy access into Washington, D.C.
Located in the lively Petworth neighborhood of Washington, D.C., 4811 Georgia Ave is a developer's dream, poised at the drywall-ready stage with the bulk of construction already in the rearview. This project boasts 10 units, including two exquisite, two-level penthouses with panoramic views, perfectly positioned for upscale living in an area known for its growth and vitality.
Attention Developers, Investors, and Visionaries! Presenting a unique opportunity to acquire a commercial/residential mixed-use property in a prime location near a busy highway, offering unparalleled visibility and accessibility. This property is ready for transformation, making it an ideal project for those looking to capitalize on its high-traffic area and strategic location. The current structure is older and in need of renovation or potentially a complete tear-down, providing a blank canvas for your ambitious redevelopment plans. The versatile layout is perfect for a blend of commercial and residential spaces, catering to a variety of tenants and maximizing rental income. The generous lot size allows for extensive redevelopment options, including multi-story buildings or expanded commercial facilities. This property is ideal for real estate developers aiming to transform it into a modern, multi-use complex that meets the needs of today's market. Value-add investors can increase the property's value through strategic renovations or a complete rebuild, tapping into the lucrative rental market. Construction companies can utilize their expertise to develop a new, high-demand property in a prime location. Commercial real estate firms can reimagine the space to attract high-end commercial and residential tenants. Retail chains and franchises can create custom-designed retail or restaurant spaces that draw in customers from the busy highway. Healthcare organizations can establish a state-of-the-art clinic or healthcare facility in a highly accessible location. Hotel chains can develop a new hotel to cater to travelers and tourists, benefiting from the high visibility. Educational institutions can build a new campus or training center that offers easy access for students and staff. Municipal or government agencies can develop a public use facility to serve the community effectively. Joint ventures can partner with other investors to maximize the potential of this prime redevelopment site. Don't miss this exceptional opportunity to shape the future of a highly desirable location. Contact us today to explore the possibilities and schedule a viewing. This is your chance to make a significant impact in a thriving area with unlimited potential.
Discover the endless possibilities with this exceptional C2A zoned property! Currently operating as a gift shop on the main street level and featuring a 3-4 bedroom 2 full baths apartment on the upper level, this unique opportunity allows you to own your business and live conveniently upstairs. Additional features include a basement for storage and a 3-car private parking pad at the rear. Strategically located in the corner of Georgina Ave and Delafield Place NW, in the vibrant Patworth neighborhood. This property is in the heart of Washing DC. Don't miss out on the incredible change to thrive in one of the city's most dynamic areas!
REDUCED Liquor Store Building located at the Prime Corner of the intersection at Busy Capitol Hill & Old City #1 District. Safeway Mart across the street. DC Government approved to build up 2nd story in year 2019. This Package Sales including Property & Liquor Business & Inventory As-Is. Owner is RE Licensee in VA.
30-unit apartment building under construction in Petworth on hot Kennedy Street. Site work is in progress with projected delivery in Spring of 2024. Plans are for a high-end design with modern finishes, ideal for condo resale, or can be a long-term hold as apartment residences.
Shovel ready opportunity for development with DC approved plans and permits for a 34 unit building in the heart of Petworth!
Medical office condo located in the city of Takoma Park, MD. This condo is located in the 4 story , 48,000 sq.ft building. The condo has a waiting room, Reception area, Office room, 2 exam rooms, storage room etc. The condo is in excellent condition and a running medical office. This building is located next to Washington Adventist Hospital. The sale is only for the condo, not the medical practice. Please call agent for more information.
Great location, this commercial property is located at 1935 11th Street NW within the greater U Street Historic District. Approximately 2 .5 blocks from the metro. Spacious property offers lots of opportunities, inside you will find approx. 1,690 finished square feet spread across 2 levels, with 1.5 bathrooms. Needs upgrading to bring out the buildings best.
2002 11th Street, N.W. is a prime development site in the established U Street Corridor. Currently entitled for up to 36,000 SF of multifamily, the site sits approximately 40 feet off the intersection of 11th and U Streets, N.W. Consisting of approximately 3,423 SF, the site is zoned ARTS-4, allowing for medium to high density mixed-use development with a maximum FAR of 6.0 by right. Additionally, the property is unique because it includes the air rights for the adjoining historical structure (Industrial Bank), allowing new ownership to build 10-stories high, allowing for large, southern facing windows and monument views. The property boasts a 99 walk score and is located less than 3 blocks from the Metro (Green Line) along the U Street Corridor, well-established as a cultural and nightlife destination.
Newly constructed in Mount Vernon Triangle. Mixed used building. Currently commercial space is rented with 5yr lease. The residential portion of the building consists of 6 units each with 5 bedrooms, 2 baths and a kitchen. Each unit is individually conditioned, metered for gas & electricity. Design for co-living for individual room rental and shared space. Common laundry area with 4 sets of washer/dryer.
Fantastic opportunity. Great location! Right on 14th St NW, Columbia Heights, a colorful area known for its diverse community, historical architecture and cultural attractions. The neighborhood offers a mix of restaurants, shops and entertainment venues. A few minutes walk from Petworh area which has seen significant revitalization in recent years. Is also home to the popular Upshur Street corridor, labeled by the Washington Post as be best place to eat in DC, which features trendy restaurants, coffee shops and boutiques. Petworth is also known for its vibrant art scene, with galleries and cultural events. The property is located at walking distance to Rock Creek Park. Excellent location for a new residential building. The building had a restaurant on the first level, an office and 2 small residential studios on the 2nd level and on the third level has a 2 bedrooms 2 baths apartment.
Prime mixed-use building in the heart of the sought after Petworth neighborhood, along the busy retail-commercial corridor of 14th St. NW. Corner lot with frontage on 14th St. NW and on Quincy St. NW. Built out for restaurant / carry out on the first floor with a large outdoor patio dining space. Above the restaurant on the 2nd and 3rd levels are two 1 br. / 1 ba. apartments, including a large deck off the rear of the 2nd level . Tax record indicates 2,019 SF, but seller estimates approx. 2,300 SF. Zoned MU-4. There could be potential to add another level: max. building height = 50 ft.; max FAR = 2.5 (residential) or 1.5 (non-residential). Leases are month-to-month, so property could be delivered vacant, or the new owner can renegotiate the leases. Excellent location with heavy foot and vehicle traffic, surround by shops, cafes, pubs, restaurants, and residential. Approx. 4 blocks to the Georgia Ave.-Petworth Metro station and 6 blocks to Columbia Heights Metro.
Come and see this lovely 2 bedroom 2 bath Office condominium located in Columbia Heights. Located across from all major bus routes and 2 blocks from the green/yellow line metro, Target Shopping Center, Starbucks, Kinko's and much more. One of the best walking/biking scores in the city! This second floor charmer has an outdoor balcony and gets lots of natural light. Excellent price for the area!
Fabulous 10 Unit Project Potential in Columbia Heights just a few short block from the Metro- will come with all plans and permits.
This mixed-use commercial building in the heart of Columbia Heights features 3 separately metered units. 2 apartments on the upper floors, each equipped with three bedroom and 2.5 bathrooms, private laundry, pantry, kitchen island. The top floor unit boasts a stylish rooftop deck, providing residents with a scenic outdoor space in the heart of the urban landscape. Additionally, the ground floor of the building features a versatile commercial storefront space, perfect for accommodating a business. This setup enhances the building's functionality by blending residential living with a dynamic commercial aspect, catering to the vibrant atmosphere of the busy city surroundings. Wait for it.....2 Private parking spaces in the rear with overhead garage door. Priced to sell....Don't miss out
Great location on heavily traveled main road in SE DC. Surrounded by commercial, residential complex and residential homes. Plenty of street parking. Vanilla shell getting ready to be drywalled so get in early for custom modifications. 3 levels with lower level having it's own private entrance. Could be leased out as a separate business from upper two levels. Great for vet, legal office, accounting firm, insurance, nail saloon, and many other uses.
308 Pennsylvania Avenue SE is a historic mixed use property located in the heart of the Capitol Hill neighborhood. 9,000 sf total, 4,000 sf of available office space and 5,000 sf of retail occupied by two restaurants. The buildings office portion includes 4,000 sq ft. between the 2nd and 3rd floor connected through an internal stairwell. Within close proximity to the United States Capitol (0.5 miles) the Supreme Court (0.4 miles), Eastern Metro Market Station (0.4 miles), the Library of Congress (0.3 miles), and Amtrak at Union Station (0.9 miles).
