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1812 1/2 11th St NW
Washington, DC 20001
Retail Property For Sale

PROPERTY FACTS
AMENITIES
- Signalized Intersection
ABOUT 1812 1/2 11TH ST NW , WASHINGTON, DC 20001
1812½ 11th Street NW represents an opportunity for an owner-operator or investor to acquire a vacant commercial property in one of the most rapidly appreciating submarkets in Washington, D.C. The subject property is a two-level, 1,656-square foot building situated on a 1,486-square foot lot. There is a front patio area that could accommodate outdoor seating, a perfect amenity for retail or restaurant use. There is one tandem parking space located at the rear of the property, along with plenty of street parking in the surrounding area. The property is single metered for electricity, gas and water. 1812½ 11th Street NW has historically been utilized as a hair salon, and while it has been well maintained, it may require some upgrades to reposition the asset for a new owner. An owner-operator or,investor could utilize the flexible MU-4 zoning, which permits uses such as retail, office, and residential. To assist in this transition, ownership will deliver the property with the salon’s furniture, fixtures, and equipment removed. Located in the Shaw neighborhood, and less than one block from the U Street and Florida Avenue corridor, 1812½ 11th Street NW is well positioned in one of the most dynamic, active and historic neighborhoods in the District. The property is also less than one-half mile from the U Street and Shaw-Howard U Metro stations. It is easily accessible by foot, bicycle, car, and public transportation, and is within walking distance of popular neighborhood attractions such as Sugar Shack, The Coffee Bar, DC9 Nightclub, Howard Theater and the Wonder Bread Factory. Named after the commander of the 54th Massachusetts Volunteer Infantry Robert Gould Shaw, who was featured in the film “Glory,” the Shaw neighborhood is rich in history and culture. Until recently, the area was underdeveloped and underutilized, but an influx of younger residents looking for a more urban city experience has created a renaissance in the neighborhood, which has brought with it a wave of trendy local cafes, bars and restaurants. With a massive amount of current and planned development in the area, Shaw will continue to establish itself as the one of the most livable neighborhoods in Washington, D.C.
PROPERTY TAXES
| Parcel Number | 0306-0053 | Improvements Assessment | $237,630 |
| Land Assessment | $593,690 | Total Assessment | $831,320 |
PROPERTY TAXES
Listing ID: 17218444
Date on Market: 9/17/2019
Last Updated:
Address: 1812 1/2 11th St NW, Washington, DC 20001
The Logan Circle Retail Property at 1812 1/2 11th St NW, Washington, DC 20001 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS
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