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1631 North Capitol St
For Sale $1,000,000
$1,000,000
- 0 Units
- Unknown Sq Ft
- 889 Sq Ft
- Unknown Cap Rate
Description
Discover the exciting potential of these commercial properties located at 1631 & 1633 N. Capitol St NE. Both buildings must be sold as a package for $2Million. This space offers a golden opportunity for visionary developers looking to merge retail and residential environments in a high-traffic area. Boasting approximately 6,000 square feet, three levels above ground and a basement, this property is ready for a complete overhaul. The ground level is suited for retail spaces while the upper floors provide residential units. The basement holds promise for ample storage solutions or office space. The MU-4 zoning supports mixed-use development with endless possibilities. Street access from Lincoln Rd in the rear can potentially allow for back-to-back structures. The corner convenience store has a license to sell beer and wine; owners will vacate store at settlement. Many development projects currently underway in the immediate area. Location positioned near vital transit hubs like Nome/Gallaudet, Union Station, Rhode Island/Brentwood, Shaw-Howard Univ & U St Metro stations; Metro bus, Capital Bikeshare step away. Sold "as is" "where is"-no Implied warranties. Limited interior access.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,000,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1900 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 3514//0003 |
| MLS # | DCDC2168236 |
| Property ID | 321039421 |
| Lot Sqft | 889 |
| Zoning | MU-4 |
| Days on Market | 43 |
| Original List Price | Unknown |
| Date Updated | December 06, 2024 |
| Date Created | November 10, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Evelyn T Branic an agent of Coldwell Banker Realty - Washington. Lic #BR4000163
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Data last updated: December 23, 2024.
Robert Crawford
REAL ESTATE AGENT