PRICE SLASHED 200K ! SELLER SAYS SELL!!!!!Don't miss this unique opportunity to purchase this vacant H St asset that is a blank canvass to do with as you see fit. All mechanicals seem to be in good working order but need to be verified. This is offered in combination with 1224 H ST NE , directly next door as an assemblage that would make for a nice project on H St. Call agent for details
ð¢ð½ï¸ 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
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 being leased "as is". Tenant responsible for renovations. 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.
***See Virtual Tour for photos*** â¢Three-story mixed-use building is zoned to allowed a varied mix of residential, employment, retail, service, and other related uses. ⢠Fully leased to a cannabis retailer with one and a half years remaining on their lease, allowing a new owner to chart the course for success moving forward. ⢠Strong 2-mile demographics with over 167,900 residents, an average household income above $133,200 annually, and total consumer spending above $2.6B. ⢠Nearby retailers include Aldi, Chick-fil-A, CVS, Safeway, and Starbucks, Whole Foods as well as venues like the National Arboretum & Atlas Performing Arts Center. ⢠Exceptional H Street Corridor location near Hechinger Mall, Union Station, NoMa-Gallaudet U - New York Ave Station, Gallaudet University, & more. ⢠Walk ScoreTMï¸ of 95 with multiple DC Streetcar and Metrobus locations nearby. Conveniently situated with easy access to 295 or Rte. 50. Additionally, it is within a 15-minute walk to Gallaudet University.
Marucs & Millichap is pleased to exclusively represent the owner of 1421 H Street NE, a mixed-use building with three stories, renovated in 2020, and located on the H Street Corridor. 1421 H Street NE is a 2,276 square foot mixed-use property that features a first and 2nd floor retail space including a a spacious lounge on the second floor. This building also includes two apartment units comprised of a studio unit, and a one-bedroom unit. The building sits on a .03 acre parcel, and it is zoned NMU-7B/H-A ,mixed-use medium density use). The retail space is currently vacant providing a new owner the opportunity to owner-occupy this portion of the building or lease the space to a retail tenant. The residential units are separately metered and fully leased with market rate tenants. Market rents (retail and residential) for the H Street corridor are increasing every year which allow a new owner the ability to increase cashflow with minimal capital improvements. In addition, the property features two parking spaces in the rear of the property. There is also street parking on H Street and rear access to the Maryland avenue street where there is additional street parking. The H Street corridor has experienced tremendous revitalization over the past several years surrounded by retail, award-winning restaurants, and new commercial real estate development . Transportation can be easily accessed through Union Station and the NoMa-Gallaudet metro stations, metro bus lines on H street and the DC Streetcar rail system which has almost 3,800 riders per weekday. 1421 H Street NE is centrally located between Union Market to the North, âNoMaâ to the Northwest, and the historic neighborhood of Capitol Hill to the South. The property is also seven blocks away from Whole Foods, and walking distance to national retailers including Starbucks, CAVA, and Orangetheory Fitness, and numerous recently-delivered Class A , mixed-use buildings. This property offers an investor the opportunity to enter a rapidly transforming submarket at a relatively low-cost basis compared to other neighborhoods in Washington,DC. For any inquiries or information regarding this property, please contact the showing agent only after you and your client have reviewed the Offering Memorandum on our website. Reach out exclusively to the showing agent to schedule a tour or discuss any details.
LOCATION! LOCATION! LOCATION! 1 BLOCK UP FROM THE ATLAS DISTRCIT/H ST CORRIDOR AND ALL THAT IS POPPING UP IN THAT AREA! THIS IS A FUNCTIONING CHURCH WITH A SEATING CAPACITY OF APPROXIMATELY 200+, A BAPTISMAL POOL, OPEN BALCONY, SEVERAL OFFICES, LADY'S AND MEN'S RESTROOMS, AND AN AV SUPPORT ROOM. ALSO, INCLUDED IN THIS SALE IS THE ADJACENT FREE-STANDING BLDG. WITH AN EXECUTIVE OFFICE, OPEN 2ND FLOOR, RECEPTION ROOM KITCHEN ARE AND MORE. BRING ALL REASONABLE OFFERS, AND PROOF OF FINANCIAL ABILITY TO CONSUMMATE!
1140 Florida Avenue, NE is a commercially zoned property located at the corner of Florida and Montello Avenues, in NE Washington, DC. Zoned MU-4, the property has an existing 2 level plus basement building that previously housed a liquor store. The property has been very tastefully designed as a 10-unit mixed-use building that features modern design and maximizes the siteâs development potential. Plans call for 1 retail unit, & 9 multi-family units. All approvals have been received, and the property will be delivered âshovel readyâ, ie. with fully approved architectural plans and a Building Permit. The property was designed as condominiums, with multi-level units & Penthouse, but can just as easily serve as rental. Itâs MU-4 zoning allows multiple uses, including âTransient Housingâ (ie, short term rental). The property is very conveniently located a couple blocks east of Gallaudet University, 6 blocks from Union Market, 1 mile to Metro, 1.5 blocks north of H Street and its attractions and is very close to Capitol Hill. Acquisition & construction financing is available to qualified purchasers. Inquire for more details. 1140 Florida Avenue, NE is uniquely located on the corner of two Avenues, not only providing excellent light & air to the units, but tremendous visibility for this exciting little project! Letâs get to work! Deliver Spring 2025. All plans and info available upon request.
Multifamily property 8 unit newly constructed, 1 private on-site parking space with automatic garage door. Luxury contemporary units in sought-after H Street Corridor of Northeast D.C. Walkers paradise with plenty of public transportation. Perfect buy for an investorâs real estate portfolio. Fully vacant. Low taxes and maintenance fees. Electric separately metered. Increasing market rents. Growing population. High household incomes. Buyer can operate the asset as rental apartments with the flexibility of condo ownership, allowing each unit to be sold individually in the future. High end finishes, contemporary style, recessed lighting, open concept entertainment space highlighted by designer flooring, high ceilings, and tons of natural light from floor to ceiling windows. Custom cabinetry, luxe quartz countertops and top-of-the-line stainless steel appliances. Washers & dryers included in each unit. Balcony in the upper penthouse unit. Quick commute and easy access to all the best shops, dining and amenities in the area such as Whole Foods, Atlas District, Union Station Metro, Gallaudet University, National Arboretum, RFK Farmers Market, Kingman Island, Langston golf Course, Hechinger Mall, Safeway, Starbucks. Call today to schedule a showing!
The ultimate in luxury awaits at the newly constructed five-level modern showpiece, The Dempsey, in the heart of burgeoning Carver Langston. The incredible 8- unit building has been thoughtfully designed and beautifully finished with unparalleled attention to detail. Each home's smart layout is light and airy with open floorplans with sleek contemporary styling. The palette and selection of materials in each home achieve the perfect balance of warm and cool tones. The building offers six 1BR/1BA homes and two 2BR/1.5BA penthouses with stellar rooftop decks with sweeping views of the DC skyline. The homes are bright and spacious with high ceilings, stylish kitchens with quartz countertops and stainless steel appliances, modern cabinetry, floating shelves, and luxuriously tiled bathrooms. Owners have a purchased parking option available, ample street parking, in-unit washers and dryers, and low condo fees. It's easy to see why Carver Langston is becoming DC's latest hot spot. With moments to the bustling H Street Corridor, developing Benning Road, easy errands, and The National Arboretum, the location is central to everything there is to love about DC living. Head to RFK for the Farmers Market and events. Hop on the trolly, Route 1, and I-295 for convenient commutes for work and play. This is an amazing opportunity for early entry into an up-and-coming area building equity for years to come.
Rare opportunity to acquire a largely completed five-unit development project in the burgeoning Trinidad neighborhood! Project to be delivered with approved mechanical, electrical, and pluming work completed (MEPs) but before drywall. Siding and windows to be installed by seller. Buyer to provide their own finishes and close out permits. Ideal for both opportunistic investors who want to sell the units individually as condos and for long-term owners who want to hold them as rentals. We project condo sales of $605/SF. Two-bedroom voucher rents in the zip code are $3,030/month per AffordableHousing.com.
The Opportunity at 2005-2009 M Street NE, is a Shovel-Ready Development featuring 29 Units on 19367 Total Buildable Square Feet Delivered Shovel-Ready, professionally designed and value engineered multi-family development project with views of (and across the street from) the National Arboretum Designed by an experienced local developer to maximize potential rents / sales and an efficient / speedy construction Located in the northeast most corner of the Carver Langston Neighborhood, adjacent to the National Arboretum, two blocks from Aldi and a short walk to the excitement of H Street NE
Shovel Ready 19 Unit Development with full plans and DC approved permits in Carver Langston. as a unique turnkey development opportunity, with all the challenging groundwork of permits and approvals already completed. This 19-unit multifamily building plan is designed to meet the high standards and demands of the area. Great project for experienced or new investors/developers.
This 6-unit residential multi-family building in Southeast Washington, DC, is a rare gem that offers both immediate cash flow and long-term appreciation potential. With its prime location, well-maintained units, and impressive cap rate, this property is an ideal addition to any real estate portfolio. Donât miss out on this unique opportunity to invest in one of the most stable and lucrative markets in the country. Units have their forced air heat systems and Hot water heaters as well as separate gas and electric metering. side yard presents the potential for more improvement but building is performing as it is right now. For more information or to schedule a viewing, contact us today!
$75,000 Price Drop! Motivated Seller! INVESTOR ALERT! Large standalone five unit building for sale in Randle Heights. All units are 3 bedroom! Units 1 through 4 have 1 bathroom while the basement unit has 2 bathrooms. Units 1 and 4 are vacant while the rest are occupied. Rents on the occupied units are $1,880/ mo (basement), $1,600/mo (unit 2), and $1,200/mo (unit 3). All units have central air. Tenants pay their own gas and electric. Landlord pays water, sewer, trash, and common area electric. Excellent location, building is walking distance to the Skyland Town Center and other local shops. Lot is 5,346 SF. Zoning is RA-1 and many nearby properties with the same zoning and lot size have already been expanded to 6+ units! Building has a large finished basement with separate access and an owner's office. Great for investors. Please see the Offering Memorandum for more information!
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.
Shovel-Ready 29 unit development located at 2005-2009 M Street NE. A total of 19,367 buildable square Feet. Delivered will all entitlements required to begin construction. The project has been professionally designed and value engineered. Excellent location across for the National Arboretum in the booming Trinidad / Carver Langston neighborhood just a short walk to the excitement of the H Street corridor.
***6 UNITS - 3 BED/2BATH EACH DEVELOPMENT***We welcome you to 1916-1918 M Street NE, a beautifully newly renovated 6 unit building in the subdivision of Trinidad adjacent to The National Arboretum. Each unit offers 3 bedrooms and 2 full baths with approximately 900 s/f of living space. As you enter inside, you will be captivated by the attention to detail and its contemporary style. Each level invites you with an open floor plan, showcasing bold engineered hardwood floors, and tons of natural light. Complimenting the living/dining room area, you will be captivated by its gourmet-like kitchen, featuring quartz countertops, stainless steel appliances, and shaker cabinets. Each unit is self-contained with individual hot water tanks, central air conditioning and heat, and integrated washer/dryer system. Off-street parking conveys with each unit. INVESTOR DELIGHT - Gross potential annual income up to $230,400 ($3,200 each through the Voucher Program) with a cap rate of 10%. The building is completely VACANT â NO TOPA INVOLVED. This multi-unit opportunity offers tranquility and convenience, with easy access to I-295, Route 50, H Street Corridor, NOMA, Union Market, the National Arboretum and metro. Don't miss the opportunity to own a solid masterpiece.
Property renovated in 2021. All units show well with little to NO capital expenditures. Has a basement storage room that is big enough to be converted into another unit or additional square footage for a current unit. The property is fully occupied and will require 24 hour notice. Building configuration of 5-2 bedrooms and 2-1 bedrooms. This is fully occupied. ***Available showing window is on Saturday, the 29th between 12pm - 2pm. Please be on time to get access, this is time sensitive.***
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.
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).
CALLING ALL INVESTORS AND DEVELOPERS!! â FOR THE NEW AND UPCOMING CONGRESS HEIGHTS SE DC. THIS LOCATION IS A WIN WIN!! This is an excellent investment opportunity in the heart of Congress Heights DC. Look no further. This two-level building with a basement is an investor's dream and a developer's delight just waiting for you. It is in a prime location at the center of major development and growth in SouthEast Washington DC, offering an excellent opportunity for commercial ventures in a high-traffic area. The building present an opportunity for investors to reconfigure the space and maximize its potential. Additionally, it is situated in an area with excellent foot traffic, ensuring that a commercial venture will be exposed to a high number of potential customers. The surroundings of this property boast major mixed-use commercial buildings under development and nearby you will find historic sites and great entertainment in close distance public transportation, St. Elizabeth new developments, Homeland Security, Sports Arena, MGM Casino, The Gaylord Hotel, National Harbor, Tanger Outlets shopping, Bolling AFB, Downtown DC and Alexandra VA., and so much more. SOLD AS IS. Making it an ideal location for a wide range of businesses. Don't miss out on this prime investment opportunity in one of the most sought-after areas of Washington DC. Contact Melea King (202) 766-8762 to schedule a showing and make an offer on this exceptional property.
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.
