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1364 E St SE
Washington, DC 20020
Retail Property For Sale
Investment Highlights
- High Pedestrian Traffic next to Major Safeway/METRO
- First Flr can adapt to multiple retail/service usage
- Top Market Income with Central Cap Hill Location
Executive Summary
Fantastic Investment Opportunity on Capitol Hill in this centrally located Capitol Hill multiuse property.
High pedestrian/car traffic location next to Safeway Complex surrounded by hundreds of luxury rental/condos. Hot commercial area and only steps from Pa Ave shops/restaurants, Safeway Parking Garage, dry cleaner and Potomac METRO. Existing commercial use on first floor w/basement and a 1100+ 2 BR on second floor. Perfectly priced for end user or investor. First floor feature include open floor plan w/galley kitchen and half bath. Unfinished lower floor potential for development or storage. Currently dog groomer, bur perfect for medical or legal offices, retail, pizza/coffee shop or cafe/restaurant. NOTE: Possible potential to develop substantial corner outside dining or general seating with public space approval. Second floor is a ready to rent desirable large 2BR unit with sunny open floor plan room to spare. Features windows galore, hrdwd floors, galley kitchen, w/d, ample storage and well sized bedrooms. Perfect for owner occupant or substantial rental income. Rare opportunity to get affordable corner unit property! Contact Listing Agent for Showing. Property can be delivered Vacant if desired.
High pedestrian/car traffic location next to Safeway Complex surrounded by hundreds of luxury rental/condos. Hot commercial area and only steps from Pa Ave shops/restaurants, Safeway Parking Garage, dry cleaner and Potomac METRO. Existing commercial use on first floor w/basement and a 1100+ 2 BR on second floor. Perfectly priced for end user or investor. First floor feature include open floor plan w/galley kitchen and half bath. Unfinished lower floor potential for development or storage. Currently dog groomer, bur perfect for medical or legal offices, retail, pizza/coffee shop or cafe/restaurant. NOTE: Possible potential to develop substantial corner outside dining or general seating with public space approval. Second floor is a ready to rent desirable large 2BR unit with sunny open floor plan room to spare. Features windows galore, hrdwd floors, galley kitchen, w/d, ample storage and well sized bedrooms. Perfect for owner occupant or substantial rental income. Rare opportunity to get affordable corner unit property! Contact Listing Agent for Showing. Property can be delivered Vacant if desired.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,155 SF
Building Class
C
Year Built/Renovated
1916/2010
Price
$1,175,000
Price Per SF
$545.24
Percent Leased
98%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.65
Lot Size
0.03 AC
Zoning
MU-4 - Multiple Use
Perfect for Commercial First Floor w/Potential for Large Patio Build Out and Residence for Owner or High Rental Value
Frontage
56’ on 14th St
Property Taxes
| Parcel Number | 1042-0062 | Improvements Assessment | $1,105,150 |
| Land Assessment | $240,330 | Total Assessment | $1,345,480 |
Property Taxes
Parcel Number
1042-0062
Land Assessment
$240,330
Improvements Assessment
$1,105,150
Total Assessment
$1,345,480
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