1515 15th St NW
Washington, DC 20005
Metropole · Multifamily Property For Sale · 2 Units

Marcus & Millichap is pleased to present the exclusive offering of 1470 Church Street NW in Washington, D.C. Located less than one block from the popular 14th Street corridor and only four blocks from the Dupont Circle Metro Station, 1470 Church Street NW represents an opportunity for an investor or owner-operator to purchase a ground floor commercial condominium in the sought-after Logan Circle neighborhood of Washington, D.C. The subject property is an approximately 2,115-square foot commercial condominium unit that sits between Dupont Circle and Logan Circle, adjacent to the 14th Street corridor in the Metropole building with boasts 33,000 square feet of commercial space along with 90 residential units. 1470 Church Street NW will be delivered vacant at settlement, making it an ideal opportunity for an owner-operator to locate their retail business or office in a high traffic area that is home to an affluent residential population. The condominium unit offers access to the adjacent Metropole courtyard which provides a relaxing outdoor seating area as well as a gas grill for dining or entertaining. With the property’s close proximity to the Dupont Circle and Logan Circle, as well as some of the best retail and restaurants in Washington, D.C., including a new larger Milk Bar location being built out across the street from the subject property, a savvy investor should be well positioned to capitalize on the neighborhood’s strong commercial leasing market. Logan Circle is bound by 15th Street NW to the west, S Street NW to the north, 10th Street NW to the east, and Massachusetts Avenue NW to the south. The neighborhood has exploded in the last twenty years, becoming one of the strongest retail and residential submarkets in the District of Columbia. The area immediately surrounding the subject property has experienced exponential growth since the opening of the Whole Foods Market just around the corner on P Street NW in 2000. Additional nearby restaurants and amenities include VIDA Fitness, Le Diplomate, and Commissary D.C. As 14th Street NW continues to mature as a premier commercial corridor in Washington, D.C., Logan Circle is a neighborhood that while very much established, still offers plenty of appreciation potential.