Washington is located in District of Columbia. Washington, D.C. has a population of 701,527. 13.1% 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.
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.
Highest and best offer by 9.30.24 to secure this once-in-a-lifetime investment opportunity! Don't miss out on the chance of a lifetime! We are thrilled to present to you a one-of-a-kind investment opportunity with 500 Irving Street NW. This prime real estate gem boasts 2388 sq. ft. of space, located just a stone's throw away from the best dining, nightlife, and shopping that DC has to offer. To add to its appeal, the Columbia Heights and Petworth metro stations are also within walking distance. This mixed-use property is spread across three levels, each tastefully modernized to include open spans, expansive ceiling heights, and a full bathroom on every floor. The main level features a Market complete with a coffee bar and an outstanding lunch menu, all bathed in natural light from the south-facing windows and street-level entry door. The all-brick exterior sits on a corner lot, blending seamlessly with the neighborhood while remaining highly visible to the 10k+ commuters who pass by each day. With a rental income of $5,000 per month, this level alone is a game-changer! The second level currently serves as a 2 Bedroom 1 Bath Rental unit ($2,500 per month), complete with a washer and dryer and a separate rear entry door. This level offers an exciting opportunity for an owner-occupier who wants to run their business from a well-maintained property or for an investor in search of an additional value asset with tremendous upside. The basement level is the heartbeat of the neighborhood, where locals come to relax and enjoy social gatherings such as Mic Night, Poetry, and Jam Night. The RF-1 zoning classification permits the operation of up to two separate units, adding to the property's appeal. Thanks to its close proximity to Old Soldiers Home, McMillan Reservoir, Howard University, and Georgia Avenue, this property is poised to benefit tremendously from the ongoing and upcoming developments in the area. So, don't wait any longer -
Highest and best offer by 9.30.24 to secure this once-in-a-lifetime investment opportunity! With the purchase of the building, you can acquire the following licenses: - Class A Liquor License for off-premise consumption of liquor, beer, and wine - $100K - Class C Tavern License for on-premise consumption - $50K Please note that these licenses are not included in the building purchase and will be charged separately. Negotiations are possible for the purchase of the existing business and equipment. Looking for a prime investment opportunity in Washington, DC? Look no further than 500 Irving Street NW! This exceptional property boasts 2,388 sq. ft. of versatile real estate in a vibrant and sought-after location, within walking distance of the city's finest dining, nightlife, and shopping. But that's not all â with a highest and best offer deadline of September 30, 2024, you'll want to act fast to secure this remarkable piece of real estate. So what makes this property so special? For starters, it's mixed-use zoned, meaning the possibilities for use are practically endless. With three levels of meticulously modernized space, each featuring open floor plans, expansive ceiling heights, and a full bathroom, this property is an ideal candidate for a variety of business ventures or residential uses. And if you're looking for a steady stream of income, you're in luck â sky's the limit when it comes to earning potential. So what are you waiting for? Don't miss out on this unparalleled opportunity to invest in a one-of-a-kind property with limitless potential.
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.
Investor Alert! A prime opportunity awaits with this 6-unit building now available for sale. Each unit features one bedroom, one bath, separate utilities, and private balconies. Located 2 blocks off Georgia Ave in the flourishing Petworth/Park View neighborhood, this property presents versatile options for savvy investors. Whether as a strategic buy-and-hold investment with the potential for significant unit upgrades or a lucrative conversion into luxury condos, the possibilities are endless. Noteworthy features include a vacant rear lot, offering further expansion potential. The property will be sold "as-is" and delivered vacant, with six of the units currently owner-occupied. Additionally, the owners may request a short rent-back period post-closing. Showings are exclusively scheduled for Fridays, between 2:30 PM and 5:00 PM. Don't miss out on this exceptional opportunity to capitalize on the thriving real estate market in the sought-after Park View neighborhood.
SHOVEL READY W/COMPLETE PLANS & PERMITS Attn: 1031 Exchange Clients - Can exchange with a Property Valued at $4 to $9 Million - Attention: Investor/Developer s Delight & golden opportunity in Columbia Heights. Shovel Ready. Drawings reflect owner s Updated plans (as of Dec 2021) to convert property into 14 Units (6-Two Bdrms/Two Baths, 2-Two Bdrms/One Bath Penthouses, 6-One Bdrm/One Bath), in addition to, first floor retail - commercial space - mixed use project.Close and convenient to: the future development Bruce Monroe, Park Moron & McMillan Project, Howard U, Catholic U, Trinity U, Washington Hospital Center, Children s Hospital, VA Hospital, coffee shops, shopping, boutiques, The USA Mall, Giant, Safeway, Yes Organic Market, Trader Joe s, 3,4 & 5 Star Neighborhood Restaurants Galore.A Short distance to Shaw, U Street, 14th Street Corridor & Live Theatres & Petworth & Columbia Heights Metro Rails.The Best Quality of Life with the Epitome of everything DC has to offer.
