Price Slashed 200k! Seller says sell. Great investment opportunity in lower Adams Morgan on the fringe of Dupont. Fully tenanted mixed use asset with a NOI of $174,590 annually. Retail space has a long term NNN lease. Residential units are M-T-M. Showings are by appointment only with 48 hour.
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.
Commercial Storefront on busy walk around Upshur Street, property boasts display windows on 9th street and Upshur (corner property) currently houses Florist Shop.
The Blaine Mansion is one of the most extraordinary properties ever offered in Washington. A blend of residential and commercial opportunitiesâ and a slice of the Districtâs rich historyâ this offering is situated in one of the most notable locations in the country. A last-of-its-kind Gilded Age 7,000-square-foot mansion residence complements over 14,000 square feet of versatile income-generating commercial space within a stunning structure brimming with historical significance. An opportunity like this rarely, if ever, presents itself. The Blaine Mansion experience begins with 13 private underground parking spacesâenclosed from the elements and secure from any risk. This is a true luxury in an urban center and affords true peace of mind. Beautifully integrated with the building and optimally positioned off P Street at the ground level is retail space, specifically, a nearly 2,600-square-foot high-end coffee shop indicative of the high-status patrons frequenting the neighborhood. One level above is a spacious office floor spanning nearly 8,000 square feet. Occupying much of this level is a law firm with a large wraparound terrace, six executive offices, a conference room with a terrace, a printer room, a kitchen, multiple bathrooms, and an administrative suite with a commercial-grade kitchen as well as additional bathrooms. This entire level enjoys open floor plans flooded with natural light through large panoramic windows, high ceilings, and unique homages to the building's history through details such as oversize fireplace mantels. On the second level is an additional approximate 4,000 square feet of office space with the same attention to detail and practicality as is found on the first level. Located directly on DuPont Circle, nothing more needs to be said about the unmatched location of this proposition. Blending elegance with practicality, history with modernity, and space with an incomparable setting, the Blaine Mansion is a true once-in-a-lifetime opportunity to own a piece of Washingtonâs history.
Triple Net Investment Group is pleased to present a stunning high-rise condominium building situated in the Foggy Bottom neighborhood on Washington Circle. The Washington Circle area is a highly sought-after location that attracts healthcare industry professionals, lobbyists, financial services companies, and affluent residents. The building is conveniently located within walking distance of the Foggy Bottom/GWU metro station, which offers service on the Orange and Blue lines. This mixed-use property comprises over 50 residential units and multiple office condos. Within a few miles, there are many great restaurants and world-class shopping destinations. The property for sale is a medical office with fee simple ownership, including three parking spaces for sale. Condo Fee: $791.66 per month. Space Fees: P19 - $61.25 ,P34 - $61.25, P56 - $61.25 per month.
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!
Large medical office space half a block from Foggy Bottom Metro in medical building with a mix of various medical offices. Private elevator doors opens into the beautiful, bright unit, large reception area, large front desk area, 10 treatment rooms, large office, two storage rooms, laundry area and half bathroom. Lots of sunlight in reception area and front desk. One garage parking space in building garage conveys with unit. In close proximity to GWU, Hospital, Foggy Bottom Metro, Whole Foods, World Bank, IMF, in bustling area with tons of foot traffic - perfect for medical office of any kind such as chiropractor, acupunture, surgical office, eye clinic, therapy office, massage studio, dentist office, cosmetic studio â the possibilities are endless. Current use is very successful chiropractic, physical therapy and acupuncture office - the business is for sale as well. Call listing agent for more information and to arrange a showing any time.
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)
DO NOT MISS THIS WONDERFUL OPPORTUNITY! Charming boutique apartment complex currently 16 units. Walking distance from all the amenities of 14th & U. Five blocks from the new Whole Foods, right around the corner from Streets Market and Trader Joes! Laundry facilities onsite and 4 parking spaces available in the rear. Do not visit the building without an accepted appointment. Do not disturb the tenants. Showings by APPOINTMENT ONLY!
Step into timeless elegance with this stunning 4-level Victorian rowhouse nestled in the heart of Dupont Circle. Boasting exquisite architectural details and high ceilings, this residence offers a perfect blend of historic charm and modern convenience. The location is unparalleled, with the Metro station just across the street, providing effortless access to the city. Indulge in the vibrant lifestyle of Dupont Circle with a short stroll to an array of restaurants and shopping destinations. Bright and airy, the sunroom adds a delightful touch, while the patio provides a private oasis for relaxation or entertaining. This property presents an amazing development opportunity, whether for your business venture or as a distinctive personal residence. Unleash the full potential of this extraordinary Victorian gem. Schedule your viewing today and envision the endless possibilities that await in this prime Dupont Circle address. Property is being sold strictly AS IS.
This elegant renovated Embassy Row area office townhouse mansion is adjacent to the Dupont Circle metro station. It has 5 floors, an elevator. and handicap access (ADA) ramp to the elevator. The Building has conference facilities as well as efficient executive office spaces and intern-type office open areas. The property boasts 3 sides of modern glass windows, 3 bathrooms, 2 kitchenettes, skylights and off street parking for 4 vehicles. Professional renovations were done in 2018. Property is in pristine condition, ready to occupy and could be ideal for anyone seeking a LIVE/WORK LOCATION! There are furnishings also available. Please call!!
This furniture repair & refinishing business has been around more than 30 years. It has a strong clientele of recurring business and has a great reputation as detail-oriented and has high level of client satisfaction. A high revenue and low maintenance business! One of the major advantages is that its paint booth facility (essential equipment) is grandfathered in and all the tools and equipment are included in the sale price. You just come in and run the business! The business is using two units - one for painting / refinishing paint job and the other is for upholstery. The owner is to provide you with necessary training up to the first 60 days to speed up the process. Please do not contact the owner or neighboring businesses directly. Bring your agent or contact the listing agent first for showing.
Partially furnished 3 windowed professional Offices, a Large conference with a Kitchen, a Bathroom , a Reception, an Open area for cubicles or work in the unit 320 in White Oak Tower in the heart of Vienna. Easy access to many amenities . Covered Parking and many more. Medical use is permitted. New layering out for the office is possible. Selling AS-IS. Condo fee includes every utilities .
Rarely available 6 unit MF Residential Building in Dupont Circle. Completely remodeled in 2020 so it carries extremely low operating expenses. 4 studio units, 1 - 1/1.5 unit and 1 - 2/2.5 unit with 10K in monthly rents that project to 12.5K when at market. See the attached Offering Memorandum for all the building info. An absolute gem with high-end finishes, great light and great location.
Mixed-use space with Commercial Zoning. Medical office on the main level with 6 exam rooms, a large office space/procedure room, a break room, a waiting room and reception area, and 8 parking spaces. Ten-year lease. The upper level features a two-bedroom, one-bath apartment. Beautiful kitchen with white cabinets, granite countertops, hardwood floors, stainless steel appliances, and gas cooking. The lower level features two bedrooms, one Bath, and a kitchenette.
***Price Reduced*** Office building for sale in the heart of Takoma Park. This building is larger than most office buildings in the 20912 zip code. The building features 22 offices, 3 conference rooms, 2 kitchenettes, 1 full kitchen, 1 large workout area with full bathroom with shower. Previous occupant was a medical staffing company.
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.
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 1420 17th Street NW and the commercial block of 17th Street in the Dupont Circle neighborhood. This beautiful, bright, historic mansion has 4 levels with 6 bedrooms spread over 5,200 sq ft. The 17th Street Mansion is located on a busy commercial street loaded with local restaurants, neighborhood events, small businesses and a very active nightlife scene. Multiple Metro trains and bus lines are only steps from this location. Your business will get maximum exposure being on the corner of 17th street and P street NW. You walk back in time as you enter the light filled foyer of the this late 19th century mansion. The attention to detail is astounding. The following list highlights some of the unique features of this property: 10 ft ceilings, natural light in every room (multiple windows and 4 skylights), large custom kitchen plus a basement kitchen, 5 bathrooms, 4 outdoor spaces(roof top deck), 2 impressive staircases, 6 fireplaces with the original custom mantels. The basement has three individual bedrooms, two bathrooms, a kitchen and two different entrances spread out over 1,000 sq ft. Ft. This property is currently set up as a home. The property is being sold "as is".
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.
