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.
Excellent investment opportunity to own a mixed-use property in the rapidly growing Brightwood submarket in NW Washington D.C., just one mile from the coming Parks at Walter Reed Development. The property features 1,140 square feet of leasable retail space below, with a separate front entrance for 2,605 square feet of residential space above (currently 4 units). The propertyâs favorable MU-4 zoning will allow you to execute a condo conversion easily. Reach out today to learn more about this rare investment opportunity!
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...
Prime Location! Rare Gem! Great Investment Opportunity! Only 5 Units Left! Grab this Portfolio Deal at a Special PriceâAvailable Only for Closings in September! Bright and Spacious New Development Opportunity in desirable Shepherd Park. Own your future residence with modern touches at a special launching price. Great investment value! This stylish Green Building is situated just beside the beautiful new 66-acre development at Walter Reed, with retail, entertainment, hotel, office, health care, schools, and 22 acres of parks and plazas. Situated in a vibrant part of the city with the comfort of modern living! MESKEN 1103 offers great living spaces surrounded by shops, restaurants, parks, and accessible transportation. Each of the ten condos has been designed to be functional and make the best use of the space. Experience urban convenience with a neighborhood feel in your new place. This is your chance to reserve your new home! Pics for the Model Home!
Flexible, Open Office Space - Super Location on U Street NW!! Turn-key two floor office plus lower storage level AND PARKING available now as investment or for owner-operator. Over 2000 sq ft of interior space on 1588 sq ft lot. Can also be converted to retail or restaurant or developed into multiple residential units. Prime U Street address, one block from metro, next door to numerous restaurants, night light life and nearby cultural & music venues.
Fully completed and ready for your tenants! Located in bustling NE DC, in Langston-Carver, where H St Corridor, Union Market and Ivy City are all easily accessible, you can now add this boutique 8-unit residence to the mix. 17th Place Flats has an expansive rooftop, the length of the whole building, with 360 degree views of DCâs skyline, a clear shot of the Washington Monument, and spectacular sunsets. In addition, each unit has its own semi-private outdoor space, 2 bedrooms and 2 full baths. Step inside the penthouse and you have the spacious living & dining area which is graced by a wall of windows that offer ample natural light. The stunning white oak wide plank flooring create an inviting and warm atmosphere throughout the home. The chic corner kitchen has quartz countertops, white subway tile backsplash, white shaker cabinetry with black metal hardware, and gas cooking. The brand-new SS appliances offer functionality and style. One of the two rooms can fit a queen sized bed or double as an office. The master bedroom ensuite is at the other end, full of natural light, a deep closet, full bath and its own balcony. Both full baths are modern with tilework in grey and white hues and sleek black trim. Washer and dryer in every unit. The secured paved 4-car parking area has a quick roll up door and each unit comes with 1 parking space. The building is fully equipped with a secured entry, while some units have the Vivent smart home security system installed and equipment already paid for (the top two and bottom two units). The low condo fees of $172/mo include trash, water, rooftop access, and the communal green space in the rear, perfect for grilling and picnics. This is an amazing opportunity for early entry into a transitioning area while building equity for years to come.
Bring your own vision to this unique opportunity in Logan Circle, located just around the corner from Whole Foods on P Street and only one block to 14th Street. ARTS-3 zoning allows for many possibilities - whether you envision a boutique multi-unit Airbnb, an office space, sleek condos, or a stylish rowhome, the choice is yours. This bay-fronted Victorian rowhouse was constructed in 1892 by W.H.H. Knight, a member of the adjacent congregation, who later donated the house to the church for use as a parish house. The building was designated a landmark in the DC Inventory of Historic Sites and listed in the National Register of Historic Places in 1991.
After your first glimpse of the historical Fraser Mansion carriage house, you will understand the unique opportunity it presents for the discerning owner or investor who wants the best parts of both living in a storied historical property and the benefits of designing a new home to your own tastes and specifications. Built in 1892, this London-style carriage house is set in one of the most sought-after locations in the city â Dupont Circle. The home boasts a distinguished and distinctive provenance, beginning as part of the original Fraser Mansion and more recently having been occupied by Oprah Winfreyâs interior designer, Anthony Browne. Today, an investment group will have the unique opportunity to reimagine this historical hidden gem as a single-family home of over 6,000 square feet with the option to include units that generate income as rentals. Alternatively, the space could accommodate five (or more) distinct units for a developer searching for an exclusive location to create a boutique condominium project. Already completed for the new owner is: the necessary demolition work, underpinning, plans, engineering reports, permits, FAR variance, and zoning approval. Also included in this offer is a complete set of fully-approved architectural plans by renowned DC architect Jerry Harpole. Interior parking stalls have been reserved on the first level of the home should the new owners choose, and an elevator shaft has been thoughtfully placed servicing all levels of the building. The current roof deck, which previously served as a secret garden/entertainment area, can be expanded with an already approved addition.
870SF bar with small non-vented kitchen. 1 deeded parking space conveys. All equipment within the space is available for sale also. Condo Fee is $2,250/yr. Includes insurance, water & sewer, small maintenance for common areas.
Prime Investment and Development Opportunity in Washington, DC Address: 1818-1820 Benning Rd NE, Washington, DC 20002 Lot Size: 0.09 Acres Building Size: 3,215 Sq. Ft. Year Built: 1947 Unlock the potential of this exceptional property located in the vibrant and rapidly developing Street, situated within an Opportunity Zone. This unique investment offers both immediate income and significant future development possibilities, making it a standout opportunity for savvy investors. Property Overview: â¢
Multifamily Portfolio Sale in DC! Attention, Multifamily Investors! Noble Group with eXp Realty is thrilled to present an exceptional investment opportunityâa prime multifamily portfolio for sale in Washington, D.C. This impressive portfolio comprises five multifamily properties, totaling 88 units and approximately 80,000 square feet, with a projected annual rental income of $2.5 million and delivery expected in early Fall 2024. Strategically located in highly desirable areas of D.C., these properties offer remarkable flexibility. Whether you opt to continue operating them as high-performing rental units or convert them into condominiums, this portfolio is perfectly suited to a wide range of investment strategies. Listed at $33,450,000, this opportunity promises substantial returns, backed by D.C.âs consistently increasing rental values. Invest in an area renowned for its sustained growth in both demand and property values. With a projected monthly net income of $2,568,000 and a capitalization rate of 7.68%, this portfolio offers a strong and compelling return on investment. Portfolio consists of 5 multifamily properties at 1916-1918 Benning NE, 313-317 Kennedy St NW, 1913 17th St SE, 1600 Good Hope Rd SE, 4521 Iowa Ave NW.
Rare Opportunity to own a Corner Three-Story Mixed Use Building on U Street, across from U Street Metro, with existing Certificate of Occupancy for fast food, with kitchen hookups, including hookups for electrical, water, and drain, on ground floor with 2 1/2 Baths, Business License for 60 Seats with side seating on public space, 2nd and 3rd floors have Office Certificate of Occupancy, 2nd Floor built out as office with glass enclosed conference room and 1/2 Bath, and 3rd floor office(configured like a one bedroom Apt.). Live and Work (subject to zoning and occupancy requirements) and or lease to multiple tenants.
Presenting 1072 Thomas Jefferson: The recently redeveloped property contains a newly constructed 7,500+ square foot 6 unit apartment building and a renovated historic building that has been converted into 2 luxury units. The property is surrounded by superb retail amenities, restaurants, nightlife and entertainment venues, including the three story soon to be opened Barnes and Noble (adjacent), the Graham hotel (across the street), and restaurants and bars including Fiola Mare and L'Annexe. The property was recently renovated in 2014. The rear portion of the lot was enhanced by the addition of a new four story residential building that contains two studios units, two one-bedroom, one-bath duplex units, and two one-bedroom one-and-a-half bathroom units. All of the residential units have key-less entry, central cooling, forced air heat, in-unit laundry, ample amount of windows, hardwood floors, granite counter-tops, and stainless steel appliances. The front historic building was recently converted into a four-bedroom two-bath unit and a three-bedroom two-and-a-half bath unit.
Single story retail building located on a hard corner immediately south of the Georgia Ave / Petworth Metro Station. Delivered 100% vacant and an excellent candidate for adding value through leasing, an owner/user, or redevelopment. A short two block walk to the Metro Station with strong foot traffic. Located on a signalized corner, this property has exceptional visibility from Georgia Avenue NW and potential for additional window lines. Alley access in the rear for potential retail / restaurant tenants.
Prime Retail Space for Sale/Lease in Washington, DC! For Lease: $50/15 Per SQFT NNNÂFor Sale: $1.35 Million Key Features: Brand New Building! Exceptional Foot/Vehicle Traffic Frontage on a High-Traffic Corridor One Block from Petworth METRO Close Proximity to National Retailers Total Rentable Space: 2,363 Sqft Upper Level: 1,658 Sqft at $50/Sqft Plus NNN Lower Level: 705 Sqft at $15/Sqft Plus NNN Attention, Savvy Investors! Noble Group with eXp Realty proudly presents an unparalleled opportunityâa prestigious location at THE EXCHANGE in Washington, DC. This spacious 2,363 Sqft retail space offers maximum visibility with expansive floor-to-ceiling windows, strategically positioned along a bustling retail corridor in Washington, DC. It presents flexibility for various retail concepts, ensuring compatibility with your vision. With direct frontage on Georgia Ave NW, your investment will benefit from unmatched visibility and accessibility due to significant foot and vehicle traffic. This retail space is at the heart of a vibrant community with approximately 75,000 residents within a 1-mile radius. Imagine the exposure your business could achieve in this high-traffic locationâtruly prime real estate! THE EXCHANGE is near renowned national retailers such as Marshalls, Target, CVS, Best Buy, Safeway, Giant, and more. The synergy and foot traffic generated by these esteemed neighbors will undoubtedly benefit your business. The possibilities are endless with the consistent flow of potential patrons from nearby retail visitors. This prime location retail store offers the flexibility to choose between a sale or lease, aligning perfectly with your investment strategy. Priced at $1,350,000, this opportunity comes with an Absolute Net Lease, promising a fruitful investment journey. With a projected monthly net income of $7,790, you can expect a remarkable 6.92% capitalization rate, ensuring a compelling return on your investment. Now is the time to acquire premium commercial property in Washington, DC. Contact Noble Group with eXp Realty today to explore this remarkable opportunity and watch your business flourish like never before.
This 5 unit building is among the most upgraded and best maintained "garden-style" buildings in Glover Park. It consists of three (3 bedroom 1 bath) and two (2 bedroom 1 bath) units. Four units have renovated kitchens and bathrooms, all are separately metered for gas/electricity, and most are on "month-to-month" lease terms. The premier unit (#2), a 3 bedroom 1 bath unit, lives like a house, has a large fenced garden. and is vacant - perfect for an owner occupant. Monthly rent roll: $10,674 *includes a 10% vacancy increase for unit #2. This is the perfect turnkey investment property.
Drastic Price REDUCTION - Offers by August 10, 2024!! OPEN JULY 30 & 31, 10:30 AM - 12:30 PM. Delivered Vacant STATELY LOGAN CIRCLE Office Building/Residence (6,213 SQFT per Public Record) which could easily be reimagined. The space includes 3-Levels with loft area comprised of 4950 SQFT above grade and additional 1,263 SQFT English basement. The End Cap Victorian mansion in Historic Shaw fronts 11th Street on a corner lot and has incredible curb appeal, with character elements in the millwork and masonry, wrought iron exterior entrance stairway, fenced yard, replacement windows, and is fully sprinklered, with three distinct entrance areas, as well as life safety egress. Built in 1890 this is available For Sale for the first time in decades. The 11th Street corridor was recently effectively UP-ZONED to encourage mixed-use development, specifically commercial and residential on the 11th Street overlay. The District of Columbia has prioritized this property as mixed-use and is taxing it at $22,121 (2022) per annum. It could remain an office/retail building, be converted back to a single family home, or apartments/condominiums or a mix of those uses. The 2021 Comprehensive Plan Map is enclosed and reflects the new zoning of MU-4 (Mixed-Use) and permits a broad range of commercial, institutional, and multiple dwelling unit residential development. This sun drenched building, with ample windows to provide natural light throughout, also has three main entry points, and was most recently leased as a multi-tenanted office building. However, this mansion, with six decorative fireplaces can easily be converted back to a single family home or multiple units. The open floor plan allows for a modern workplace experience with board room and creative space. The parlor areas can be utilized as flex spaces for seminars, receptions, makers space or collaborative meeting space. The building functions very well as an office and can accommodate the around-the-clock work environment, complete with a full bathroom with stand up shower, and additional powder restrooms, kitchen/breakroom, storage, swing space and private rooms/offices. Proximate to bustling Logan Circle, the site is walking distance to 4 Metro rail stations, various attractions and amenities: libraries, dog parks, skate park, restaurants, entertainment, schools, museums, daycares, hospitals, fire department, colleges, swimming pools, pharmacies, police department and post office.
The Centurion Group is pleased to exclusively represent the owner of 1260 Holbrook Terrace NE, Washington, DC 20002. This property is situated on a .0x-acre lot in the Trinidad subdivision of Northeast DC. 1260 Holbrook Terrace NE is ideal for an Investor who is seeking to own a cash flowing, fully stabilized housing complex. A total of 4830 SF in six units. The two lower units 480 SF and 600 SF each, with 2BD/2BA. The two middle units are 600 and 635 sf each with 3BR/2BA. The two top level units are 600 and 635 SF each with 4BR/2.5BA. Once this building is stabilized an Investor can achieve a 7.5% +/- CAP Rate. This H-Street/Benning Road corridor also known as "Downtown Ward 7", is experiencing substantial mixed-use development. Adjacent to Gallaudet University, the premier national university for hearing impaired students, Trinidad has a guaranteed pipeline of tenants due to section 8 status. Adjacent H St corridor shopping and restaurant district is connected directly to Union Station via the DC Street Car, providing government and private industry employees a convenient residential neighborhood just minutes from downtown DC, Union Station, and Capitol Hill. The neighborhood also serves as the headquarters for major employers such as Pepco, DCâs Department of Employment Services, and Unity Health Care. This corridor is experiencing substantial public and private investment which is generating exciting opportunities for small businesses to grow.1260 Holbrook Terrace NE sits blocks away from entertainment/eatery options in Union Market and from major retailers on the H Street corridor. The District Department of Transportation (DDOT) has initiated the final design phase of the "Benning Road Bridge and Transportation Improvement" project. This final design phase will improve Benning Road NE by expanding the route of the DC streetcar, all the way to Georgetown, and by widening lanes for bicycle users and it will make this corridor more walkable. All showings must be coordinated through the listing agent, and occur with the listing agent present. Recommend you drive to the site and see the exterior yourself before contacting the listing agent. Offer requires a 5% deposit, with a proof of fund letter from the buyer's bank.
INVESTOR ALERT! Turnkey standalone five unit building for sale in Marshall Heights. Pro forma cap rate is over 8%. Unit mix consists of four 2 bedroom units and one 1 bedroom unit. Two occupied units: unit 1 (2 bedroom/1 bath, $1,472/month) and unit 2 (1 bedroom/ 1 bath, $1,525/month). Units 3,4, and 5 are vacant. Vacant units are move-in ready. Ownership received approval from DCHA for a rent of $1,757/month for the vacant units. Current and projected rents include all utilities (electricity, water, sewer, trash). Gas is available but it is not being utilized at the property. All units feature newer kitchens, bathrooms, appliances, and flooring. Units have individual HVAC systems and water heaters. Building has a large unfinished utility room adjacent to the basement unit (unit 5). This space could be used for expansion of the basement unit. Lot is 6,758 SF and it may be possible to expand the existing structure. R-2 zoning. Great for investors. Please see the Offering Memorandum for more information!
Office building that is currently rented with a capitalization rate of 6.6%. The building includes parking that can potentially accommodate two to three cars. The current landlord has recently upgraded the fire alarm systems. The surrounding areas are rapidly changing, which is expected to increase the property value in the future. Additionally, the building is conveniently located within 20 minutes of Ronald Reagan Washington National Airport (DCA), 15 minutes of National Harbor, and downtown Washington, D.C.
**FOR SALE: 2ND GENERATION RESTAURANT & BAR ON PRIME CORNER** Discover a rare opportunity at 1025 H STREET NE, WASHINGTON, DC 20002. This former restaurant and bar is perfectly positioned on H St NE, offering a fully equipped setup including enclosed outdoor seating. The prime corner location at the vibrant H Street Corridor, intersection of H St and 11th St NE, provides immense value and future potential. With a Land Area of 1,742 SF and Building Area of 1,626 SF, this property's NC-16 zoning allows for versatile development or transformative upgrades. Investors can capitalize on the dynamic growth in the area and align with the changing landscape of H St NE. Take advantage of this versatile asset, ripe for innovative conversions to complement the evolving neighborhood dynamics. Make your mark in this bustling district with endless possibilities. Explore the hidden potential of this property today.
