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!
Building permit Approved!! ! 6 apartment + ground +lower level floor retail . Rare opportunity to redevelop this prime location. the property combine to buy neighbor 4 Hanover Pl. N. recently remodeling whole house 4 bedrm 3 full bath with front + back yard (asking price: $998,000).
Amazing opportunity to own a two-unit residential and commercial property located in the highly sought after Columbia Heights neighborhood. This three (3) level corner property is fully renovated with modern custom and imported finishes, 29 solar panels (2023), large windows that bring in natural lighting from the front & side; property has three (3) full baths (basement, main floor, and upper level); one two (2) bedrooms; one (1) bath unit fully furnished with custom kitchen (black appliances: refrigerator, dish washer, microwave and dual sink); in-unit stackable washer & dryer; seating for two (2) or more at the kitchen countertop; large custom plank crown molding; juliet balcony; and central air throughout. Located in an established neighborhood, Ward 1, short distance to the community garden; high walkability/biking scores; convenient access to public transportation; numerous amenities: restaurants; entertainment; universities (Catholic and Howard Universities); hospitals (Childrenâs National Hospital, MedStar Washington Hospital Center, Veterans Affairs (VA) Medical Center); and suburban feel in the heart of the city. This property is home to one of DCâs fastest growing grocery stores: Aurora Market, a locally owned and operated grocery store that specializes in tailoring all products and services based upon the needs and recommendations of the community. Immediate income for the savvy investor with multi-year lease in-place with option years. Exterior: Well-lit building with lighting and security cameras; outside front seating area with approved Public Space Permit; automated teller machine (ATM) affixed to the exterior (Irving St) and separate entrance to the residential unit on the upper level.
Investor Alert! A prime opportunity awaits with this 6-unit building now available for sale. Each unit features one bedroom, one bath, separate utilities, and private balconies. Located 2 blocks off Georgia Ave in the flourishing Petworth/Park View neighborhood, this property presents versatile options for savvy investors. Whether as a strategic buy-and-hold investment with the potential for significant unit upgrades or a lucrative conversion into luxury condos, the possibilities are endless. Noteworthy features include a vacant rear lot, offering further expansion potential. The property will be sold "as-is" and delivered vacant, with six of the units currently owner-occupied. Additionally, the owners may request a short rent-back period post-closing. Showings are exclusively scheduled for Fridays, between 2:30 PM and 5:00 PM. Don't miss out on this exceptional opportunity to capitalize on the thriving real estate market in the sought-after Park View neighborhood.
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
SHOVEL READY W/COMPLETE PLANS & PERMITS Attn: 1031 Exchange Clients - Can exchange with a Property Valued at $4 to $9 Million - Attention: Investor/Developer s Delight & golden opportunity in Columbia Heights. Shovel Ready. Drawings reflect owner s Updated plans (as of Dec 2021) to convert property into 14 Units (6-Two Bdrms/Two Baths, 2-Two Bdrms/One Bath Penthouses, 6-One Bdrm/One Bath), in addition to, first floor retail - commercial space - mixed use project.Close and convenient to: the future development Bruce Monroe, Park Moron & McMillan Project, Howard U, Catholic U, Trinity U, Washington Hospital Center, Children s Hospital, VA Hospital, coffee shops, shopping, boutiques, The USA Mall, Giant, Safeway, Yes Organic Market, Trader Joe s, 3,4 & 5 Star Neighborhood Restaurants Galore.A Short distance to Shaw, U Street, 14th Street Corridor & Live Theatres & Petworth & Columbia Heights Metro Rails.The Best Quality of Life with the Epitome of everything DC has to offer.
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.
This building has been meticulously maintained by the current owner who has operated his business here for the last 47 years. This is an ideal opportunity for an office user or a retailer who wants to have a strong tenant in place for the next 3-5 years. The owner prefers a sale lease back for all or a part of the space. This also works for an investor who either wants to put a tenant in one of the spaces here or convert two of the levels to residential while having income come in from the retailer downstairs.
Under Construction Investment Opportunity in Park View, Washington DC Looking for a prime real estate investment in the heart of Park View, Washington DC? Look no further! We are excited to present an exclusive opportunity to own a brand-new, under-construction building with a total of 6 residential units and 2 versatile commercial spaces in one of DC's most vibrant neighborhoods. Residential Units: 4 One Bedroom, One Bathroom Units 2 Two Bedroom, Two Bathroom Units Commercial Spaces: Two separate commercial spaces, easily combinable to create a larger retail or office space. Location: Situated in the Park View neighborhood, this property is conveniently located near a plethora of restaurants, cafes, shops, and just steps away from the Metro station. With its central location, this building enjoys a constant stream of high foot traffic, making it an ideal location for businesses seeking maximum exposure and residential tenants looking for convenience. Under Construction: This is your chance to put your personal touch on this property. The building is currently under construction, providing you with a blank canvas to customize the interiors and layout to your liking. Take advantage of this opportunity to create a space that perfectly suits your vision and needs. Investment Potential: Rental Income: Enjoy a steady stream of rental income from the residential units in one of DC's most desirable neighborhoods. Commercial Space: The flexible commercial spaces offer the potential for a variety of businesses, from retail to office space, ensuring income diversity. Appreciation: As Park View continues to grow and thrive, your investment is poised for long-term appreciation. Entire Building Purchase: This offering includes the entire building, giving you full control and flexibility over the property. Whether you're an investor, developer, or business owner, this property is a unique opportunity you won't want to miss. Don't miss out on this incredible opportunity to own a piece of Park View's future. Contact us today for more information and to schedule a site visit. The possibilities are endless, and the potential is boundless. Invest in Park View, invest in your future!
Welcome to an unparalleled investment opportunity in Washington D.C. where urban convenience meets sustainable living. This exceptional 22-unit building is now available for sale, offering a unique blend of modern luxury, eco-friendly features, and a highly desirable walkable neighborhood. Fully permitted and 70% complete 22 unit apartment/condo with off street parking. Call for more information!
Triple Net Investment Group is pleased to offer fully equipped turn key restaurant for sale on 3813-15 Georgia Ave NW Washington, DC. This fully operational restaurant has a total of 6800 sq ft, with the first floor being 3,700 sq ft, 2nd floor: 3100 sq ft and about 3700 sq ft in basement. The restaurant features a walk-in cooler, kitchen with all appliances, a large outdoor patio with a 150 people occupancy limit. 3813 Georgia Ave is steps from the Petworth station serving both the Green. This location is close to many tenants such as Safeway, Dunkin Donuts, CVS, Wendyâs, Honeymoon Chicken, Yes! Organic Market, Bank Of America, and other local businesses. HIGHLIGHTS - Fully Renovated Second Generation Restaurant in 2022. -Approximately 6800 sq 3,700 sq ft on first floor appx -Fully operational restaurant with four bars, kitchen with 10 feet hood and all kitchen appliances and large outdoor patio for 30 seating's and total 150 people occupancy -Prime Location at a heavily trafficked retail corridor on Georgia Ave in Northwest, DC, and surrounded by subways station and residential condos -Zoning NC-8 with FAR of 4.8 allows for construction of 17,899 mixed-use -Neighboring national retailers, banks, supermarkets, and bakeries -One blocks from Petworth Georgia Ave Station -70+ years operating history at this site and on National Register of Historic Places in DC (Billy Simpson House of Seafood and Steak)
Welcome to 309 Maryland Avenue Northeast, a rare investment opportunity nestled just steps from the Capitol, Senate, and other federal buildings in the heart of Washington, DC. This architecturally striking 7-unit building is now available for sale for the first time in over 30 years, offering a unique investment opportunity in a prime location. Spanning almost 4000 square feet, this building comprises of 5 one-bedroom units, 1 studio unit, and a lower-level 2-bedroom, 2-bath unit, providing a versatile array of living spaces to suit various needs. With its unbeatable proximity to the seat of government and iconic landmarks, this property presents an exceptional opportunity for those seeking a strategic real estate investment in the heart of the nation's capital. Don't miss the chance to own a piece of history in this coveted location. All SF is estimated. Please see floor plans in document link.
Commercial Storefront on busy walk around Upshur Street, property boasts display windows on 9th street and Upshur (corner property) currently houses Florist Shop.
Introducing an exceptional mixed-use opportunity in the heart of bustling Washington DC! This prime commercial/residential building, strategically situated near a vibrant thoroughfare, presents a dynamic investment or lifestyle choice for discerning buyers. The main floor boasts a bustling retail space, perfectly positioned to capture the attention of passersby and capitalize on the area's high foot traffic. With no parking on-site, this property prioritizes accessibility, drawing customers from the bustling street scene. Above, the upper floors offer versatile options for office or residential use, catering to a diverse range of occupants. Entrepreneurs and professionals will appreciate the opportunity to establish their headquarters in the heart of the city, taking advantage of the central location and proximity to downtown amenities. For urban dwellers seeking a live-work lifestyle, the upper floors provide an ideal sanctuary above the hustle and bustle below. Whether utilized as office space for creative enterprises or transformed into stylish residential units, these floors offer flexibility and potential for customization. Potential buyers include savvy investors looking to capitalize on the demand for mixed-use properties in urban centers, entrepreneurs eager to establish a foothold in a prime location, and urbanites seeking a vibrant lifestyle in the heart of the city. With its unbeatable location near a busy street and convenient access to public transportation options, including metro stations and bus routes, this mixed-use gem represents a unique opportunity to invest in the pulse of Washington DC's thriving urban landscape. Don't miss out on the chance to make your mark in this dynamic cityscape. Schedule a viewing today and explore the endless possibilities of this exceptional mixed-use property!
Marcus & Millichap is pleased to exclusively represent the owner of 615 Kennedy Street NW, DC 20011, in the Brightwood subdivision. 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.
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.
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