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1010 Massachusetts Ave NW
Washington, DC 20001
Ground Floor Retail Condominium · Multifamily Property For Sale · 163 Units

EXECUTIVE SUMMARY

Offered for sale is a 100% occupied net-leased retail condominium, located in the highly-desired Mount Vernon Square submarket of Washington, DC. The retail condominium is positioned on the ground floor below 163 luxury condominiums, one-block away from the Walter E. Washington DC Convention Center (2.3M SF with over 1M visitors annually) and adjacent to the Marriott Marquis, Washington, DC’s largest luxury hotel. The retail condominium enjoys 340 feet of prime frontage along Massachusetts Avenue and 11th Street, a heavily trafficked intersection, and is fully leased to four separate tenants: Bolt Burger, SOULEX Float Spa, Subway and Hai Gloss Nail & Beauty Spa. The offering represents a rare opportunity to acquire a fully stabilized, core urban retail condominium with a superior tenant-mix, ideally located in one of Washington, DC’s most desirable neighborhoods.

PROPERTY FACTS

No. Units 163
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 0.45 AC
Building Size 277,175 SF
No. Stories 14
Year Built 2007
Parking Ratio 0.36/1,000 SF
APN / Parcel ID
0342-2001
  • 0342-2024
  • 0342-2067
  • 0342-2071
  • 0342-2083
  • 0342-2097
  • 0342-2100
  • 0342-2113
  • 0342-2115
  • 0342-2119
  • 0342-2134
  • 0342-2150
Zoning C2C - zoning is a commercial zoning designation for certain businesses and uses.

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Walk-In Closets
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • Concierge
  • Picnic Area
  • Pool
  • Elevator
  • Sundeck
  • Listing ID: 16833402

  • Date on Market: 8/6/2019

  • Last Updated:

  • Address: 1010 Massachusetts Ave NW, Washington, DC 20001

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