Ikon Realty is pleased to exclusively present a prime RARE industrial asset with value-add potential property. It is a rare opportunity in Northeastern Washington, It is a PDR-1 zoned land, which permits a wide variety of uses, including agricultural, animal sales/boarding/shelter, arts, design, college/university, daytime care, restaurants, schools, place of worship, medical, auto repair, auto sales, office and more. This industrial property sits in the fast-growing neighbourhood which has seen 100âs of Millions of Dollars in planned and completed developments nearby, including The Villages at Dakota Crossing, RIA DC, and the Franklin and Reed Development. The property has been owner- occupied office use and rented auto repair/body shop that have drive-in doors, at the the front and in the back as well. The auto shop has 3 bays, and a paint booth.
This property is ideal for an office space user, a retailer or restaurant who would convert the space, or a residential developer looking to take advantage of 2750 sf of land.
DC INVENTORY OF HISTORIC SITES Eldbrooke Methodist Church, 4100 River Road, NW The historic Eldbrooke Methodist Church is a long-time historical and architectural landmark of Tenleytown. When the Methodist congregation was founded in the early 1830s, Tenleytown was just beginning to develop as a crossroads village on the road from Frederick and Rockville to the port at Georgetown. The present 1926 church is the congregationâs fourth and grandest building on the site purchased in 1840. Designed by Howard W. Cutler, the Spanish style structure features a textured stucco exterior, variegated red tile roof, picturesque corner bell tower, and elaborate portals. Above the main entrance portal, the large bas-relief window surround in the florid Churrigueresque style of the early 18th century Spanish Baroque is perhaps unique in Washington. DC designation April 24, 2008, NR listing September 5, 2008
Big PRICE REDUCTION, Motivated seller, 700K Lower than the listing price. The 4,259-sf corner lot offers five two-bedroom apartments with a den or additional enclosed space that can be used as a bed rooms. This five units apartment building provide flexibility to a diverse range of tenants located in NW Washington DC one of the best locations in DC close to all amenities , close to Fort Totten metro station and a few minutesâ drive to Capitol Hill, White house, Downtown. Tremendous upside potential in its current state and offer expansion opportunity to additional units on the side and back yards. A lot of street parking space with additional parking on the back of the building. And 100% occupied.
The value is potential development. The total permitted Floor Area Ratio (âFARâ) is 6.0, up to 2.0 of which can be used for permitted non-residential uses. The total land area of the Property is 1,040 square feet; accordingly, the total permitted Gross Floor Area (âGFAâ) is 6,240 square feet up to 2,080 square feet which may be dedicated to non-residential uses. If you are subject to IZ, or if you choose to opt-in to the IZ requirements, you are permitted to have a FAR of 7.2, for a total GFA of 7,488 square feet.
Welcome to this remarkable investment property located in the coveted Woodley Park neighborhood. This impressive building offers a total square footage of 15,335 square feet, providing ample space for 16 units, making it an ideal investment opportunity. The property sits on a total lot size of 5,744 square feet, offering potential for outdoor amenities and green spaces. Conveniently featuring 3 parking spaces, this fully renovated building presents a prime opportunity for sophisticated urban living. The comprehensive renovation ensures that each unit reflects modern design and functionality, appealing to discerning tenants seeking contemporary accommodations. Situated in the sought-after Woodley Park neighborhood, this property provides easy access to a myriad of dining, shopping, and entertainment options, enriching the lifestyle of its residents with unparalleled convenience and luxury. Whether it's exploring local culinary delights, indulging in retail therapy, or enjoying the vibrant entertainment scene, this location offers a wealth of experiences to be savored. Don't miss the chance to seize this exceptional investment opportunity. Schedule a private tour today to immerse yourself in the allure of this remarkable residence and envision the potential for lucrative returns.
PRICE REDUCED! Excellent opportunity to build to suit = 1st floor commercial-plus basement- PLUS GARAGE SPACE-AS- IS" owner/agent BASEMENT & garage A rare find. Endless possibilities for this space. 1st Floor has two entrances and basement access. Space is completely renovated. Could be used as( florist, office space, art supply store etc)Tenant responsible for obtaining necessary licenses and insurance to operate business. 1st level and basement only.Common Area Maintenance, Electricity, Exterior Maintenance, Gas, Heat, Hot Water, HVAC Maintenance, Insurance, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Other, Pest Control, Sewer, Snow Removal, Taxes, Trash Removal, Utilities - All, Water TRIPLE NET LEASE A rare find in H STREET CORRIDOR. Endless possibilities for this space. 1st Floor has two entrances and basement access. Space is being leased "as is". Tenant responsible for renovations. Could be used as( florist, office space, art supply store,, retail, etc)Tenant responsible for obtaining necessary licenses and insurance to operate business. 1st level and basement only.Common Area Maintenance, Electricity, Exterior Maintenance, Gas, Heat, Hot Water, HVAC Maintenance, Insurance, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Other, Pest Control, Sewer, Snow Removal, Taxes, Trash Removal, Utilities - All, Water TRIPLE NET LEASE We require a good rating from the credit agencies and also the demonstration of sufficient cash reserves to start and maintain the business plus the personal guarantee or comparable security for the lease. Tenant responsible for any interior alterations, subject to Landlord approval.
This 5 unit apartment building exudes modern updates and historic charm, offering a rare opportunity to own a piece of DC's vibrant Logan Circle neighborhood. Boasting exposed brick walls and a renovated entryway / lobby, this building features five units with the potential for even greater rental income. Step inside to discover 4 one-bedroom apartment units and 1 two bedroom, each showcasing hardwood floors and an open floor plan that maximizes space and natural light. Each unit features it's own outdoor space and in-unit washer/dryers. Unit 2 boasts a massive private patio, while Unit 5 offers a sprawling rooftop deck. The basement, currently used for owner storage, presents endless possibilities â whether it's converting it into a sixth rental unit or reattaching it to Unit 1 for increased rental income, the potential for revenue growth is limitless. Situated in the heart of DC, this building offers unparalleled access to the city's best dining, shopping, and entertainment. With its ideal location and charming character, this property represents a unique investment opportunity not to be missed.
Are you ready to own a thriving business in the heart of Washington DC? A popular and well-established dining destination, is now available for sale. This is a rare opportunity to acquire a profitable restaurant with a loyal customer base and a prime location in one of the most dynamic cities in the United States. Situated in a high-traffic area with excellent visibility and accessibility. Close to major attractions, office buildings, and residential areas, ensuring a steady stream of customers. 2 Story space with Fully equipped kitchen, a well-stocked bar, and a modern, tastefully designed dining area. Current Revenue is made by only from the Evening Operation Hours. Has much more potential with more hours. 9 years of remaining Lease. The restaurant is ready for immediate operation with no additional investment required.
Versatility is the name of the game when it comes to 1720 Mass Ave. The former headquarters of the Congressional Black Caucus Foundation, this 12,000 square foot structure is zoned for pretty much anything that can be done to a building. Want a single residence execution? It's zoned for that. Have a business or non-profit that changes the world? It's zoned for that. Want to offer luxury apartment living in historic and always vibrant Dupont Circle? It's zoned for that. Want an embassy to represent the interests of the new country you just founded? Yep, it's zoned for that, too. Whatever you decide to do with the five levels that comprise 1720 Mass Ave just know that you'll be surrounded by some of the best that DC has to offer in terms of dining, shopping and cultural experiences due to, once again, its location in Dupont Circle on Embassy Row. You can take the train to your new home/office/think tank/secret lair as it is just two blocks from the Metro Red Line (Dupont Circle) or if you do need to take a drive, know that you have somewhere to park with FOUR dedicated parking spaces! You have great ideas; this is the place to turn them into greater realities. 1720 Mass AVe is zoned MU-15 (mixed use, institutional, commercial, and residential). Email agent for access to deal room containing: feasibility study, zoning analysis, comp studies, and survey.
Price Reduction: $150,000. 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.
RARE SIX UNIT (ALL 3 BEDROOMS) AT COMPETITIVE CAP RATE - Great Location with Massive Income! Rarely available turn-key 6-Unit 8000 SF Building on Corner Lot with Parking, Great Income and Strong Cash-flow. Total annual income just over $292K ($24K + monthly), average unit income is $4062 / month, utilities currently included. Each separately metered unit has an independent circuit panel, CAC, HWH, Laundry and Parking. Relatively new construction (2008) with some more recent updates, hardwood floors and double pane windows. Located in the popular Rosedale neighborhood of Capitol Hill along the bustling H Street and Benning Road development corridors. Walk to Rosedale Recreation Center, Pool and Library, Safeway, CVS, Ross, with many shopping and dining options nearby. Bus Lines and Trolley to Locations across the City, Near Hechinger Development, RFK Development, More! 86 WALKSCORE, 99 BIKESCORE. NOW PRICED $100K UNDER APPRAISED VALUE - Run the numbers, call today for more information and a tour.
Be Your Own Landlord! Renovated Condo Building Steps from Gallaudet University Own a piece of vibrant Trinidad with this meticulously renovated condo building. This prime investment opportunity boasts six spacious units, offering a perfect blend of comfort and income potential: Four expansive 2-bedroom, 2-bathroom units. Two cozy 1-bedroom, 1-bathroom units: Substantially complete with major renovations, each unit provides a modern living experience. Finishing touches allow you to personalize the space and cater to your future tenants' preferences. Location, Location, Location! Situated steps away from Gallaudet University, this building is a convenient and comfortable home. Residents will also enjoy: Close proximity to trendy restaurants, shops, and entertainment options: Explore the best of Trinidad at your doorstep. Easy access to major highways and public transportation: Getting around the city is effortless. Don't miss this incredible chance to own a fully renovated condo building in a high-demand location. Contact us today to schedule a viewing! Please note: Finishing touches are required to fully complete the renovations.
Welcome to an exceptional opportunity to own a premier commercial property featuring a thriving restaurant in a bustling location. Situated in the heart of H Street Corridor, this property boasts high visibility, heavy foot traffic, and excellent accessibility, making it an ideal investment for seasoned restaurateurs or savvy investors seeking a turnkey business opportunity. The building owner has operated a booming British pub style restaurant and bar, the Queen Vic since 2011. The property, which spans over 2000 sqft over two levels, comes fully equipped with a commercial kitchen with type-2 venting, two large bar areas, two large seating areas, and two outdoor spaces. At $55/ft NNN for this turn-key restaurant, this property would have a cap rate of 7. Do not miss this incredible investment opportunity!
This is a Corner Store in highly sought-after location in the Eckington-LeDroit Park-Bloomingdale Neighborhood of NW Washington, DC. The property is a 1,200+/- square retail space with frontage on Rhode Island Avenue. Rooftop Terrace/Patio potential. Buyer can build with zoning RF1. Seller has made it easy for new buyer, PLANS ALREADY SUBMITTED TO DCRA. It's easily accessible to metro routes as well as New York Ave (Route 50), Georgia Ave (Route 29) and easy access to 395 connecting DC to VA and suburban MD. Potential uses are retail, office, medical, or restaurant.
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
Capital Hill Commerical located on a high traffic count road in SE DC. Surrounded by commercial, residential complex and residential homes. Plenty of street parking. 3 private office levels with room for multiple office spaces on each floor. Basement unit has its own private entrance from the street. Main and upper level share a common foyer area from the street entrance but each have their own private doors to the office areas. Each floor has a bathroom on it. Could be used as one company, 3 different companies, the opportunities are there for your business needs. Great for vet, legal office, accounting firm, insurance, nail saloon, and many other uses. Ask about owner financing options. Plenty of street parking in front
44 UNITS CONDO AND 1,500 SF RETAIL. FULL PERMIT SET AVAILABLE UPON REQUEST.
Exciting Opportunity: Prime Tenant-Occupied Property! Seller financing is available with 30% down. 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 month to month . 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. Property can be delivered vacant . Don't miss out on this golden opportunity to own a prime piece of real estate. Plenty of parking side parking belongs to the city and parking is allowed as long as driveway is gravel.
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
ð¢ð½ï¸ SELLER SAYS SELL!!! BRING OFFERS !!! Exciting opportunity on H St! A fully equipped restaurant in the heart of the thriving H St Corridor. With 2 levels of seating, a full bar, and a well-equipped kitchen, including fryers, grills, and walk-in refrigerators, as well as under counter refrigeration. This is a turnkey operation. Whether you're looking to purchase, lease, or combine with 1222 H for a bigger project, this property offers tremendous potential. Take advantage of the recently approved bonus FAR by BZA and unlock even more value. ðð¼ #HStCorridor #RestaurantForSale #RealEstateOpportunity
The median home value in Washington, DC is $650,000. This is higher than the county median home value of $640,500. The national median home value is $338,100. The average price of homes sold in Washington, DC is $650,000. Approximately 37.39% of Washington homes are owned, compared to 52.68% rented, while 9.93% are vacant. Washington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Washington real estate agent to arrange a tour today!
Washington, District of Columbia has a population of 683,154. Washington is less family-centric than the surrounding county with 24.14% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Washington, District of Columbia is $93,547. The median household income for the surrounding county is $93,547 compared to the national median of $69,021. The median age of people living in Washington is 34.3 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 26.5 degrees. The average rainfall is approximately 43.3 inches per year, with 13.7 inches of snow per year.