1300-1302 Pennsylvania Ave SE - Storefront Retail/Residential FOR SALE
Washington, DC 20003- Capitol Hill |
$2,400,000 USD
202-869-1743
1300-1302 Pennsylvania Ave SE
Washington, DC 20003
Capitol Hill
HIGHLIGHTS
- 4,200 SF building featuring four (4) 1BD/1BA residential units above established neighborhood retail
- Prominently located at the intersection of 13th Street SE & Pennsylvania Avenue SE, providing strong visibility & consistent foot and vehicle traffic
- Ground floor anchored by a long-standing convenience store operator with a strong operating history & willingness to execute a new long-term lease
- The property underwent a comprehensive renovation in 2019, significantly reducing near-term capital expenditure
- Renovations allow new ownership to benefit from modernized building systems and finishes.
- Situated .2 miles from the Potomac Ave Metro & .9 miles from Eastern Market Metro, w/ easy access to extensive dining, retail, & lifestyle amenities
FOR SALE DETAILS
PRICE
$2,400,000 USD
PRICE/SF
$571 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Convenience Store, Storefront
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1914
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.05 AC
LAND SF
2,155 SF
ZONING
MU-4
APN/PARCEL ID
1043-0122,1043-0123
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202-869-1743
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202-869-1743
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