Don't miss out on a prime investment opportunity in the rapidly-growing Deanwood Neighborhood at 5920 Foote St NE! This strategically located 12-unit multifamily building, just off Eastern Ave with all 6 Metro lines nearby, offers a diverse unit mix with 5 spacious 2-bedroom and 7 comfortable 1-bedroom units. 75% vacancy allows for immediate renovation, and TOPA period has been initiated with the 3 current tenants indicating they will not exercise their TOPA rights. Consider converting 1-bedroom units to 2-bedroom to potentially increase gross annual rents by up to $250,000. Units are separately metered and share water. The Deanwood Submarket is in one of the last underdeveloped Wards in DC and has attracted major attention from both the private and public sector. Itâs on a seemingly endless array of âbest ofâ real estate lists, with Redfin naming it one of â10 hottest neighborhoods in the COUNTRYâ. Numerous multi-million development projects are underway in Ward 7, including the $75M Deanwood Town Center and the $115M+ Parkside redevelopment project in D.C., covering 26 acres and 3.1 million square feet. Act now and be part of the exciting revitalization in the area!
Discover the potential at 610 Eastern Ave NE, where a well-situated 6-unit multifamily building awaits your investment savvy. Located on Eastern Ave, boasting access to all 6 Metro lines, this property offers unbeatable convenience. Featuring a well-balanced unit mix with 3 generous 2-bedroom units and 3 comfortable 1-bedroom units, this property is already equipped with washer/dryer and dishwasher in each unit, enhancing its appeal to tenants. 1 of the 6 units is vacant, with current gross income (under market) coming in at $6477/month. There's a golden opportunity to renovate and potentially increase gross annual rents by up to $125,000, especially by considering the conversion of 1-bedroom units into 2-bedroom layouts. Units are separately metered and cost is minimized with shared water services. Plus, benefit from the ongoing redevelopments in the neighborhood, positioning this property as a smart addition to your real estate portfolio. The Deanwood Submarket is in one of the last underdeveloped Wards in DC and has attracted major attention from both the private and public sector. Itâs on a seemingly endless array of âbest ofâ real estate lists, with Redfin naming it one of â10 hottest neighborhoods in the COUNTRYâ. Numerous multi-million development projects are underway in Ward 7, including the $75M Deanwood Town Center and the $115M+ Parkside redevelopment project in D.C., covering 26 acres and 3.1 million square feet. This is your chance to secure an investment with both immediate returns and promising long-term growth.
Price Reduction!! Commercial Zoned property and Building located in the Heart of the Town of Capitol Heights. This building features 5 units. Four of the units are Dental/Office space and one unit is a 2 Bedroom, 1 Bath, apartment. Adjacent vacant lot is included in sale. Property is close to the Metro Station, Fire House, Post Office, shopping and more.
729 8th St S.E.is a three-story, mixed-use building reported built in 1930, most recently renovated and redeveloped in 1981 with additional upgrades through today under professional management and maintenance. Retail Level build out for dental, medical or health practice at a major transportation hub in the District. Layout perfect legal and lobby offices. Flexible usage and floorplan for potential rental of 3 commercial and two rental apartments. It sits on a 6.880 lot with a parking area in rear of property. The building itself has 6400 FSF is list to contain a first floor at retail level of 1450 SF with a connecting 1550SF finished lower floor with separate alley entrance. The upper floors are connected with a separate external staircase with a second floor of two commercial offices of 600SF & 800SF and a third floor of two residential units of 800SF & 600SF. It is possible to deliver property vacant . Please contact LA for further details and required to be present at all showings FLOORPLANS IN DOCUMENTS 729 8th Street SE is in the commercial corridor of "Barracks Row" on Capitol Hill. Barracks Row Main Street, a government funded organization to promote economic development, has been recognized as one best Main Street programs in the U.S. with a rich blend of restaurants, shops, offices and stores. Centrally located in one of most popular neighbors in DC it rests next to Eastern Market METRO, Pennsylvania Ave, US Marine Barracks and our Historic Eastern Market. Quite a neighborhood serving as a major transportation hub for Metro and with convenient access by highway to Virginia and Metro. It is an active and vibrant weekday destination for DC workers in additional to the hundreds of thousands visitors and tourists flooding the area on weekends. SEE DISCLOSURE
For Lease and Sale! Office with private parking, close to the Minnesota Avenue Metro stop, approximately 3230 total sq/ft. This standalone building is two stories with a usable basement space and an attic space for additional storage. There are multiple entrances to the property and abundant sunlight throughout. This could be an ideal location for a non-profit organization. Very convenient high traffic area with easy access to major thoroughfares of travel. Zoned RA-3. Terms negotiable with qualified applicants.
Opportunity to invest in multi-unit property in Deanwood, NE Washington DC. All units are configured with 1 bedrooms and 1 bathroom , six (6) units total. Notable upgrades include: newer roof, updated flooring in some units, and more... This multi-unit building offers an excellent opportunity for savvy investors seeking to expand their portfolio. With a combination of style, convenience, and income potential, this property is a standout in the local market. Donât miss out on your opportunity to invest and set up youâre showing with us today
NEW PRICE OFFERING! Extremely well located larger mixed use property in the heart of the Capitol Hill commercial district. Steps to not only Eastern Market Metro and the Capitol Building it is nestled amidst the bustling shops and restaurants of Barracks Row across from the world famous U.S. Marine Barracks established in 1801. 707-709 8th St S.E. is a unique earlier combination of two properties, which results in very rare open 1st floor of over 2500sf of renovated street floor space for restaurant, day care center, gym medical affiliation , large office HQ or any business or service that looks for great curb appeal, location or street exposure on one the busiest commercial corridors in SE. The entire property has been fully renovated with 2 very large office dedicated office, additional floor for multi apartment or offices and lower floors in this exceptional and flexible 7000sf+. Note not warranted: building may have development potential for additional square footage within existing structure or expansion in addition to possibility of parking in rear of lot. Property is currently 80% Vacant and or possibly 100% if buyer requires. Very few commercial properties offer this flexibility in location, size, or usage. Showing and materials available week of September 18th. Property pictures and floorplans attached. See Disclaimer
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.
Iconic three level all brick City Bank Building with classical architectural located on 8th & G Streets in SE Capitol Hill, Washington DC, across from the Marine Corps Commandant's home, just steps from Pennsylvania Avenue. Renovated with elegant front doors, vestibule, huge windows, high ceilings, egg and dart crown molding with frieze, coffered ceilings, brick pilasters, recessed lighting with pendant hanging light fixtures. The historic architectural design exudes strength, security and stability. Suitable for a learning institution, corporate headquarters, Embassy, Architecture firm or similar use. Connected to a residential townhouse with hardwood stairs, railing and balusters, perfect for pied a terre corporate use. Approximately 7,000 combined total finished square feet on almost 3,000 square feet of land. Built in 1908. Two single bay parking garages included nearby. Walking distance to US Capitol, DC Metro. Plentiful restaurants, coffee shops and retail nearby. 10 minutes to National Airport. Zoned MU-25 (Commercial) and RF-1 (Residential).
**FIRST OPEN HOUSES: SAT (5/18) & SUN (5/19), 1-3PM** Beautifully updated SEMI-DETACHED TWO-UNIT ROWHOME with PRIME MU-4/CHC ZONING! Located in the ideal Capitol Hill neighborhood, 1007 E St SE has excellent curb appeal, beautiful natural light throughout, and modern updates paired with historic features including exposed brick, stained glass windows, and hardwood floors. The first level of the property has primarily been used as a commercial space and is ideally configured to have a welcoming waiting area (or convert back to a second bedroom), several areas for desks, computers, and/or a printer, a full kitchen, and a full bathroom with a washer and dryer, and tub/shower too! There are two fireplaces in this space, one with a gas log insert. Towards the back of the main level unit is a large space with a door that can be used as a private office, meeting room, or a bedroom. There's also nearly floor-to-ceiling windows that flood the room with natural light and a separate doorway to provide access to the deep PRIVATE backyard with easy-to-maintain landscaping, plus a brick patio and walkway to the covered parking pad! The paved parking pad can easily accommodate an EV charging station, if desired, and both the yard and parking pad are fenced for extra privacy! The upper level of the property is also a 2BR/1BA layout and mimics the mixture of modern conveniences with historic charm of the first level. The upper unit features a brick fireplace with gas log insert, beautiful stained glass windows, vaulted ceilings, and dark hardwood floors. There's a full kitchen, in-unit W/D and full bathroom with a large vanity and tub/shower. Both bedrooms are very spacious with great natural light, one with a ceiling fan, and nice closet space. The upper level also has a shaded private deck off the kitchen that overlooks the backyard! Combined, the property offers nearly 1,300 sq ft of private outdoor space! The property was recently renovated with fresh paint, new light fixtures, door knobs, handles, and much more. EACH UNIT HAS ITS OWN COO (certificate of occupancy) and is separately metered for gas and electric. Other recent updates include a new roof (2017), gutters replaced (2017-2022), HVAC updated (lower unit - 2015 & upper unit - 2022) and Nest thermostats installed. This property is zoned MU-4, so can be used for commercial, institutional, and multiple dwelling unit residential development at varying densities. It's located on a quiet one-way street with a small park on the opposite side and easy street parking. You're also very close to Barracks Row, Eastern Market, Metro, Fragers Hardware Store, several grocery stores including Trader Joe's & YES! Organic Market, several parks, and easy access to 1-695. With its prime location, zoning, and separate COOs, the possibilities are endless!
OPPORTUNITY ZONE -- A 2-story brick building configured w/2 units in the "Deanwood" neighborhood of NE Washington, DC. This is an opportunity to develop the property or renovate the current building. The property has RA-4 zoning. According to the DC Government Zoning Book: "The RA-4 zone provides for areas developed with predominantly medium- to high-density residential." It is in a residential apartment zone and permits medium to high-density apartments. We included an external link to view the Zoning information. Please do your due-diligence to determine what development is possible on this property. Location: The property has a convenient location near dining, shopping, schools, recreational facilities, parks, access to transportation routes and metro station; and very near the DC/MD line. Deanwood is a residential neighborhood in Ward 7 of NE Washington, DC.
Welcome to 510 8th St SE, an exceptional mixed-use property located in the heart of Capitol Hill's Barrack's Row, Washington D.C. With nearly potential for 5,600-6,800 square feet, this property is a unique opportunity for business owners, investors, and entrepreneurs. Discover the remarkable features that set this property apart: two rowhouses seamlessly combined to provide 30 feet of street presence, two levels plus a full lower level with excellent ceiling height, front and rear egress on both levels for maximum convenience, a charming rear patio for relaxation, sought-after off-street parking, and the potential to create a rooftop deck, just like neighboring properties. Don't miss the chance to own a piece of Washington's best real estate in one of the city's hottest commercial strips. Contact us today to learn more about making 510 8th St SE your own and explore the limitless possibilities it offers in this vibrant neighborhood. Subscribe to our channel for more real estate updates and property tours.
Sold As-Is/Shell Condition This space includes 26 ft of storefront, 17 ft tall ceiling on the main floor, exposed brick with steel beams, and a 2,000 sq ft basement. Perfect for the entrepreneur looking for the true Capitol Hill feel. Lots of foot traffic and one block to Eastern Market Metro.
Exciting Opportunity: Prime Tenant-Occupied Property! Welcome to a lucrative investment opportunity right across from the bustling Minnesota Ave subway station. This property, currently serving as a thriving doctor's office, boasts a net lease arrangement. What does that mean? The tenant takes care of all expenses, including DC property taxes and property insurance, ensuring a hassle-free ownership experience for you. Generating a gross income of $21,000, the current rent is just the beginning. With the potential to raise the rent per square foot, this investment promises even greater returns. Also the value is in the lot this being corner unit and zoned MU-3A tons of potentials. Don't miss out on this golden opportunity to own a prime piece of real estate. Act now before it's gone! Plenty of parking side parking belongs to the city and parking is allowed as long as driveway is gravel.
Back on the market! The buyer's financing fell through. Don't hesitate. This is a hot property. Mid-20th Century Church was built in 1950. Located less than 1 block off of M St SW. This location is about to undergo a total "make-over" encompassing almost 10 acres virtually all around this church (see extensive info in attached documents). You can keep this absolutely fine Mid-20th Century building, or you can upgrade by working with the developer for the city. The existing congregation has a different worship tradition and desires to relocate. But for a progressive-minded ministry looking to be in a new model neighborhood, this could be the perfect opportunity. Situated on an adjacent or common border to the District of Columbia "Greenleaf Community" Redevelopment project. The site is now Zoned RA-1 but the city is re-zoning it MU-10. The redevelopment will encompass at least 10 acres which the city's proposal states will become: "a Model Community, a Green Oasis, an Arts and Cultural Destination, a thriving Town Center." See planning.dc.gov/publication/southwest-neighborhood-plan The new SW Wharf (3.2 million square feet of development) is a short walk to the west, And the site is within 3 to 4 blocks of the Waterfront Metro Station and the Nats Park Metro Station. To the east, the site is a similar distance from the Capital Riverfront and the "Yards" which is part of the Anacostia Waterfront Initiative (AWI), adding millions of square feet of high-quality residential, retail, and office space. And to the south of the site, approximately 5 blocks is Audi Field and the Buzzard Point redevelopment. An awesome Mission Field for an inner-city ministry and congregation. Be sure to review the attached documents.
DO NOT DISTURB THE FAMILY OR ACCESS THE PROPERTY. All viewings will be scheduled with the listing agent after an offer has been presented.Literally a stones throw away from Washington, D.C. - Property with 15,477 square feet is zoned CGO (Commercial, General and Office) which is permissable for multifamily and nonresidential properties as well as businesses. The existing property consists of 7 bedrooms, 4 full bathrooms, living and dining rooms, brick fireplace and a large eat-in kitchen with an oversized storage room. The property has like new hot water heater and windows all around with a large basement and a huge storage room. An additional connected brick building on the property with its own front and back entrance and brick terrace around the back offers potential for additional rental income. There is also a 24X24 storage house with 2 windows that can be negotiated with the sale. Tear down and rebuild the current structure(s) and build your own multi-unit or commercial business. Property is in an Enterprise Zone - The Maryland Department of Commerce (COMMERCE) identifies and maintains boundaries where business may be eligible for income tax and real property tax credits for job creation and investments. Businesses may be eligible for the following tax credits: real property tax credits and income tax credits.
**INVESTORâS DREAM: Prime Real Estate Opportunity with Impeccable Potential** Are you seeking a transformative investment opportunity in the heart of a rapidly developing community? Look no further! This exceptional property is INVESTOR-READY and BRIMMING with potential. Here's why this investment should not be missed. The groundwork is already laid with meticulously crafted architectural drawings **Architectural Drawings for improvements on the property to add two additional units to the already existing lay out of four units, plus build upwards on the current foundation which has already been reviewed and all documentation needed for permits have been obtained. You have the green light to add two additional units and build upwards on the existing foundation. Say goodbye to the bureaucratic red tape, and hello to accelerated progress. **Solid Foundation & Soil Testing** Safety is paramount, and this property has passed rigorous soil and foundation testing. Your investment is grounded on a solid, verified foundation, ensuring long-term structural integrity. **Private Alley & Parking** Convenience and exclusivity go hand in hand with a private alley and designated parking for occupants. Parking space is a prized asset in urban locales, adding value and desirability to your investment. **Mixed-Use Commercial Property** Versatility is your ally. This property boasts mixed-use capabilities, opening doors to diverse revenue streams. Whether it's apartments, a laundromat, or a combination of both, you're in control of your investment's destiny. BEST PART YET - **Vacant & Ready for Renovation** No tenant-related delays or disruptions. The property is vacant, awaiting your vision and transformation. Get started on your investment journey without hesitation. Perfect Location** Situated in the highly sought-after Deanwood Community, conveniently accessible via highways, metro stations, and city roads. The 295 exit to Nannie Burroughs is just around the corner. Embrace the advantages of a burgeoning community with ample potential for growth. Proximity to Transportation** With the Minnesota Avenue, Benning Road, and Deanwood Metro Stations nearby, this property offers excellent commuter access. Plus, major arteries like 295, 395, Anacostia Freeway, New York Avenue, and Benning Road are within easy reach. Surging Development**: Ride the wave of progress. The surrounding area is witnessing rapid development, making this investment not just a choice but a strategic move for the future. This property is presented as-is, granting you the freedom to craft its future. If you're a savvy investor seeking an opportunity brimming with potential and located in one of the most promising communities, don't let this slip through your fingers.
Excellent opportunity for the savvy investor!!! Remarkable 6-unit apartment building with 3 surface parking spaces and extra storage. Renovated in 2005, each unit comes with: Wood Floors, Granite Counters, Stainless Steel Appliance w/ Gas Range, Combo Washer/Dryer and Central Air and Heat. Owner pays water, trash, landscaping, common area electric, taxes and insurance. Call for an appointment today!
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).
Welcome to this fully renovated 4-unit apartment building. It has 2-2 bedroom 1 bath units and 2-3 bedroom 1 bath units. They are fully self contained and each unit has it's own HVAC and hot water heaters. It is separately metered for electric. This building is rented out to Section 8 tenants and is completely leased. Own a piece of this up and coming neighborhood with a ton of construction going on and it will only increase in value. Owners are requesting that the buyer provide proof of funds or a lender letter. TOPA has not been issued.
