Washington is located in District of Columbia. Washington, D.C. has a population of 701,527. 18% of the households in Washington, D.C. contain married families with children. The county average for households married with children is 18%.
The median household income in Washington, D.C. is $98,902. The median household income for the surrounding county is $98,902 compared to the national median of $66,222. The median age of people living in Washington D.C. is 38.7 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 24 degrees. The average rainfall is approximately 43.7 inches per year, with inches of snow per year.
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.
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
This is a fantastic opportunity to own a corner lot zoned MU4. The property offers significant potential and is currently rented on a month-to-month lease. With extensive development occurring in this and nearby blocks, this is a rare chance to invest in a prime location. The property is tenant-occupied by an existing business and features the rare advantage of parking. Showings are by appointment only. Whether you're looking for a new location for your business or considering a development opportunity, this property could be the perfect fit.
Great location on heavily traveled main road in SE DC. Surrounded by commercial, residential complex and residential homes. Plenty of street parking. Vanilla shell getting ready to be drywalled so get in early for custom modifications. 3 levels with lower level having it's own private entrance. Could be leased out as a separate business from upper two levels. Great for vet, legal office, accounting firm, insurance, nail saloon, and many other uses.
***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.
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...
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding begins Saturday, June 15th & ends Thursday, June 20, 2024 at 11:00AM. Estate Auction: Experience an unparalleled investment prospect with this distinguished 4-story multifamily property nestled in downtown DC's vibrant heart. Boasting eight existing units, this meticulously crafted building showcases intricate molding, lofty ceilings, a regal staircase, and expansive bay windows, all within a coveted urban locale. According to Bright MLS the building has a total of 6,532+/- sq. ft. Zoning: Commercial building zoned D-5. (Central Business District). According to the DC Zoning Handbook, the zoning "Permits high density development, with incentives for residential use in predominantly non-residential areas." The property's zoning permits the construction of two additional levels, accommodating four more units, while the basement presents an opportunity for further expansion with the potential for an extra unit. This strategic advantage positions the property for substantial future growth and enhanced rental income potential. Location: The building is nestled in the bustling heart of downtown Washington, DC. It is strategically positioned mere steps from prestigious landmarks such as the IMF, George Washington University Hospital, The World Bank, Lincoln Memorial, and more. This property offers unparalleled accessibility and visibility with close proximity to major transportation hubs, including Farragut West and Foggy Bottom Metro Stations. The potential for high tenant demand is undeniable. The building is in need of renovation. We believe the potential is boundless as you envision transforming this building to suit your needs.
List price is Opening Bid At The Online Only Auction Sale. Online auction to be conducted on Auctioneers website. Bidding begins Wednesday, June 19th and ends Monday, June 24, 2024 at 1:00PM. Excellent condo development opportunity. Seller has a recently issued current building permit and full set of stamped plans for a 17-unit condominium conversion project. The approved plans include 16 1BR/1BA luxury units, 1 2BR/2BA penthouse unit and 4 on-site parking spaces. The property is currently vacant and in need of full renovation. Location: This exceptional opportunity is located directly across from the U.S. Arboretum, a few blocks from Gallaudet University and located near various restaurants, bars, shops and more! Lot Description: 4,074+/- square feet of Land Area. Lot zoned RA-2. Square 4467 Lot 0005. The property sits on a corner lot. Building Permit Info: 16 Units are 1 bedroom and 1 full baths. 1 Unit is 2 bedroom and 2 bath Penthouse. Total of 7,299 +/- sq. ft. (Building plans are available for review in document section) Building permit B2207226.
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
Commercial building for sale! Great condition. Ideal for office, medical, retail and so on. Very convenient location, main road exposure.
Open House:
Sunday, 6/9 1:00-3:00PM
Beautifully updated SEMI-DETACHED TWO-UNIT ROWHOME with PRIME MU-4/CHC ZONING! Located in the ideal Capitol Hill neighborhood, 1007 E St SE has excellent curb appeal, beautiful natural light throughout, and modern updates paired with historic features including exposed brick, stained glass windows, and hardwood floors. The first level of the property has primarily been used as a commercial space and is ideally configured to have a welcoming waiting area (or convert back to a second bedroom), several areas for desks, computers, and/or a printer, a full kitchen, and a full bathroom with a washer and dryer, and tub/shower too! There are two fireplaces in this space, one with a gas log insert. Towards the back of the main level unit is a large space with a door that can be used as a private office, meeting room, or a bedroom. There's also nearly floor-to-ceiling windows that flood the room with natural light and a separate doorway to provide access to the deep PRIVATE backyard with easy-to-maintain landscaping, plus a brick patio and walkway to the covered parking pad! The paved parking pad can easily accommodate an EV charging station, if desired, and both the yard and parking pad are fenced for extra privacy! The upper level of the property is also a 2BR/1BA layout and mimics the mixture of modern conveniences with historic charm of the first level. The upper unit features a brick fireplace with gas log insert, beautiful stained glass windows, vaulted ceilings, and dark hardwood floors. There's a full kitchen, in-unit W/D and full bathroom with a large vanity and tub/shower. Both bedrooms are very spacious with great natural light, one with a ceiling fan, and nice closet space. The upper level also has a shaded private deck off the kitchen that overlooks the backyard! Combined, the property offers nearly 1,300 sq ft of private outdoor space! The property was recently renovated with fresh paint, new light fixtures, door knobs, handles, and much more. EACH UNIT HAS ITS OWN COO (certificate of occupancy) and is separately metered for gas and electric. Other recent updates include a new roof (2017), gutters replaced (2017-2022), HVAC updated (lower unit - 2015 & upper unit - 2022) and Nest thermostats installed. This property is zoned MU-4, so can be used for commercial, institutional, and multiple dwelling unit residential development at varying densities. It's located on a quiet one-way street with a small park on the opposite side and easy street parking. You're also very close to Barracks Row, Eastern Market, Metro, Fragers Hardware Store, several grocery stores including Trader Joe's & YES! Organic Market, several parks, and easy access to 1-695. With its prime location, zoning, and separate COOs, the possibilities are endless!
Fabulous 10 Unit Project Potential in Columbia Heights just a few short block from the Metro- will come with all plans and permits.
Investor Alert! A prime opportunity awaits with this mixed-use property in the heart of Columbia Heights. Zoned MU-4, provides a variety of opportunities for multi-family or condominium redevelopment, business owner/operators, live/work occupants, or investors looking for a cash-flowing asset. 1 Retail unit and 2-residential apartment units. Each unit ranges from 1,000-1,250 SF, Three bedroom, three bath, recently renovated unit features with washer & dryer IN UNIT, separate electric, secured gate entrance, enhanced by a quiet enclosed rear patio open to all tenants for entertaining, or relaxing. Please note, photos are from when property was renovated previous to the current tenants. Located across from bus routes and 2 blocks from the Columbia Heights Metro, Target shopping center, Starbucks and much more.
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.
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
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".
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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