1302 Pennsylvania Ave SE,WASHINGTON, DC 20003
WASHINGTON, DC 20003
Description
100% Occupied Mixed-Use Asset in Prime Capitol Hill Location: 4,200 SF building featuring four (4) 1BD/1BA residential units above established neighborhood retail, offering a stable blend of residential and commercial income streams. Signalized Corner Position on Pennsylvania Avenue SE: Prominently located at the intersection of 13th Street SE and Pennsylvania Avenue SE, providing strong visibility and consistent foot and vehicle traffic along one of Capitol Hill's primary corridors. Stable Retail Tenancy with Long-Term Commitment: Ground floor anchored by a long-standing convenience store operator with a strong operating history and willingness to execute a new long-term lease at closing, providing investors with immediate income stability. Recently Gut Renovated (2019): The property underwent a comprehensive renovation in 2019, significantly reducing near-term capital expenditure needs and allowing new ownership to benefit from modernized building systems and finishes. Walkable Transit-Oriented Location: Situated just 0.2 miles from the Potomac Ave Metro Station and 0.9 miles from Eastern Market Metro Station, with easy access to Eastern Market, Barracks Row, and the extensive dining, retail, and lifestyle amenities that define the Capitol Hill neighborhood.
Details
| MLS # | DCDC2259496 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1914 |
| Days On Site | 169 |
| Listing Provided By | Greysteel Company LLC | Ari Firoozabadi |
Features
| Story(s) | 3 |
|---|---|
| Units | 5 |
| Zoning | MU-4 |
| Acreage | 0.03 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump - Electric Back Up |
Exterior
| Roof | Flat |
|---|---|
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 19399 |
|---|
Area Information
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20003 |
| Area | WASHINGTON DC |
| Community Name | OLD CITY #1 |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in OLD CITY #1) | |
Price: $2,400,000 low | high Med: $485,000 On site: 169 low | high Med: 31 | |
Market Activity 20003
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Learn More About This Property
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20003 |
| Area | WASHINGTON DC |
| Community Name | OLD CITY #1 |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in OLD CITY #1) | |
Price: $2,400,000 low | high Med: $485,000 On site: 169 low | high Med: 31 | |
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