Washington DC Commercial for Sale

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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

ADDITIONAL INFORMATION

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.

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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

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

Sited on a quiet, tree-lined street in the heart of Logan Circle; 1013 O Street, NW is a reimagined townhome that underwent an innovative renovation in 2017. Currently home to an art gallery, the 3-level residence has many modern conveniences that create an ideal environment for the work-from-home approach so many have come to know. Soaring ceilings and gracious open living spaces span the 2,450 square foot interior while a professionally landscaped and hardscaped garden greet guests in the front; and a patio and two upper-level decks offer ideal outdoor living space in the rear. The Entry Level hosts the in-home Gallery or generous office space while the private living spaces encompass the Second and Third Levels with principal living rooms, Kitchen, full bathroom, and powder room. The homeâs MU4 zoning and separate electric meters lend an opportunity for work/living flexibility or a simple conversion to two separate dwelling units; the property could also easily be transferred into a single-family residence with 3 bedrooms. There is currently 1 bedroom in the property. 2 private, off-street parking spaces complete the offering. Located on a charming block in the heart of Logan Circle, this townhome is perfectly sited nearby the shopping and dining destinations of DCâs renowned 14th Street; ample grocery stores include Giant, Whole Foods, and Trader Joes; the U Street / Shaw Metro station, and numerous parks and green spaces.

ADDITIONAL INFORMATION

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

ADDITIONAL INFORMATION

Renovated Condo Building in Trinidad. Six spacious units: Four expansive 2-bedroom, 2- bathroom units. Two cozy 1-bedroom, 1-bathroom units: Substantially complete with major renovations. Only steps away from Gallaudet University, this building is a convenient and comfortable home close to restaurants, shops, and entertainment options to explore. Easy access to major highways and public transportation. 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!

ADDITIONAL INFORMATION

Located at the corner of Bladensburg Road and Evarts Street, this property is improved by an active, existing Church. Brick construction containing 7,948 SF on .36 acres +/-. The seating capacity in the is approximately 186. There are 18 parking spaces and off street parking is also available. The property carries a MU-04 Zoning classification and R-1-B Zoning classification. Property is being sold "as is", buyer to do their own due diligence. Property appraised above list price. There is walk score of 73, bike score of 50, and transit score of 52. There are bus lines within less than .5 miles. The Shops at Dakota Crossing conveniently located less than 2 miles which includes many retail outlets such as Costco, Starbucks, Lowes, Pet Smart, Chick-Fil--A, and more... The nearest commercial airport is Reagan National Airport and is located within 9.2 miles of the property.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

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.

ADDITIONAL INFORMATION

Combined spaces with storefront. Currently used as a daycare, but could also be the neighborhood cafe. Off Street parking included. Current tenantâs lease expires October 2025. Zoned MU-3

ADDITIONAL INFORMATION

Great Location and opportunity. More information to come

ADDITIONAL INFORMATION

Great Location and opportunity! More information to come.

ADDITIONAL INFORMATION

4474 & 4478 MacArthur Boulevard NW are two side-by-side multifamily assets totaling twelve (12) units in the Palisades neighborhood of Washington, DC (the âPropertyâ). Located along MacArthur Boulevard NW, the Property is a short walk from the banks of the Potomac River and is less than 1-mile from Georgetown University. The Property also offers convenient access to Georgetownâs M Street and Wisconsin Avenue, offering a wide array of shopping, dining, grocers, public parks, and entertainment options. 4474 & 4478 MacArthur Boulevard provide a unique opportunity to acquire exceptionally well-located value-add assets in one of the hottest real estate markets in a region that is poised for future growth. Also of note: 1.) The Property is subject to approximately $1.55 million in assumable debt (3.40% interest rate) that is fixed for over six years remaining. 2.) TOPA process has already been completed.

ADDITIONAL INFORMATION

Development site will be delivered shovel ready. Approved for 8 units.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Discover the endless possibilities with this exceptional C2A zoned property! Currently operating as a gift shop on the main street level and featuring a 3-4 bedroom 2 full baths apartment on the upper level, this unique opportunity allows you to own your business and live conveniently upstairs. Additional features include a basement for storage and a 3-car private parking pad at the rear. Strategically located in the corner of Georgina Ave and Delafield Place NW, in the vibrant Patworth neighborhood. This property is in the heart of Washing DC. Don't miss out on the incredible change to thrive in one of the city's most dynamic areas!

ADDITIONAL INFORMATION

Commercial Building has 3 tenants 2nd floor offices $2500 per month, 1st floor Barber Shop $1800 per month 1st floor Hair salon $2400 per month all tenants on month to month leases. basement storage

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Introducing an exceptional investment opportunity! Newly constructed in 2022, this award-winning building consists of ten fully occupied units. Each unit includes 2 bedrooms, with most having 2 bathrooms. Providing two parking spaces for each unit ensures convenient access for residents. The building comprises three duplexes, offering a distinctive and flexible living setup. Featuring hardwood floors, granite countertops, stainless steel appliances, electric and discreet HVAC systems, Pella windows and doors, and a green rooftop, this property is a standout. Additionally, a Condo Regime has already been established. Currently hosting a diverse mix of tenants, including both market rate and section 8 occupants, this property presents a compelling blend of stability and income potential. Whether you're seeking a savvy addition to your investment portfolio or a promising income-generating asset, this property stands ready to deliver. Don't miss out on the chance to capitalize on this prime opportunity in the D.C. real estate market.

ADDITIONAL INFORMATION

Prime Investment Opportunity in Washington, DC - Community Grocery Store with Additional Rental Unit. Discover the perfect business venture located at the heart of the vibrant Woodridge neighborhood in Washington, DC. This unique property spans two lots, including a building and a side parking lot, positioned strategically on a busy corner lot with ample customer parking. Currently functioning as a well-established community deli, the business boasts a strong customer base, making it a turnkey operation for potential investors. Adjacent to the bustling Woodridge shopping district, this property lies within walking distance to the scenic Langdon Park. The park features expansive green spaces, a public pool, and a state-of-the-art recreation center, enriching the community atmosphere and attracting steady foot traffic to the area. Additionally, the property includes a separate, 4-bedroom unit at the back, presenting a potential rental income. This space offers a lucrative opportunity to diversify income through residential leasing or by expanding the business footprint. Please contact the listing agent for all questions. Thank you for considering this exceptional opportunity to invest in one of Washington, DC's most promising locales.

ADDITIONAL INFORMATION

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Friday, May 4th & ends Wednesday, May 9, 2024 at 11:00AM. Improved by a 6,532+/- SF Commercial Building zoned D-5. (Central Business District). Introducing a rare opportunity to acquire the entirety of the distinguished 1917 I St NW building nestled in the bustling heart of downtown Washington, DC. This commanding 4-story edifice seamlessly blends historic allure with contemporary functionality, presenting an unparalleled canvas for your commercial endeavors or investment pursuits. Upon entry, be captivated by the intricate molding, lofty ceilings, majestic staircase, and expansive bay windows that bathe each floor in abundant natural light. A true testament to enduring architectural excellence. Positioned strategically within close proximity to key institutions including the IMF, George Washington University, The World Bank, John F. Kennedy Center, George Washington Hospital, The White House, Georgetown, and the Farragut West or Foggy Bottom Metro Stations, the strategic advantages for your enterprise are unmatched. The potential is boundless as you envision transforming this entire building to suit your needs. The owner welcomes a diverse array of applications, whether for corporate offices, upscale retail, esteemed educational facilities, cutting-edge medical centers, or any other permitted utilization that aligns with your ambitions. Guided Tour on Friday, May 3rd, starting at 11AM.

ADDITIONAL INFORMATION

Well maintained asset 5 unit Multi Family property, Each unit feature 2bedrooms and 1bath. Full occupancy annual gross rent of $93,420 and about 25% operating expenses, should leave the new owner with an estimate $70,065 NOI, conveniently located within the rapidly growing Congress Heights neighborhood of Southeast DC, just 0.6 miles from the St. Elizabeth's East, one of the largest developments in the DC area. The property is also located near convenient access to Public Transportation. 4 units occupied and one unit vacant , currently generating $6228 from the occupied 4 units . Each unit is set up with 2 bedrooms and 1 bathroom. Private rear parking lot for tenants. Great investment opportunity with immediate cash flow. Contact the listing agent for more details.