Property

Washington, DC 20002 1631 North Capitol Street NE

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Presented By: Coldwell Banker Realty - Washington
  • MLS# DCDC2168236
  • 11/11/2024
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  • SQFT • 3,147

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Price Improvement - Discover the exciting potential of these commercial properties located at 1631 & 1633 N. Capitol St NE. Both buildings must be sold as a package for $2Million. This space offers a golden opportunity for visionary developers looking to merge retail and residential environments in a high-traffic area. Boasting approximately 6,000 square feet, three levels above ground and a basement, this property is ready for a complete overhaul. The ground level is suited for retail spaces while the upper floors provide residential units. The basement holds promise for ample storage solutions or office space. The MU-4 zoning supports mixed-use development with endless possibilities. Street access from Lincoln Rd in the rear can potentially allow for back-to-back structures. The corner convenience store has a license to sell beer and wine; owners will vacate store at settlement. Many development projects currently underway in the immediate area. Location positioned near vital transit hubs like Nome/Gallaudet, Union Station, Rhode Island/Brentwood, Shaw-Howard Univ & U St Metro stations; Metro bus, Capital Bikeshare step away. Sold "as is" "where is"-no Implied warranties. Limited interior access.
Presented By: Coldwell Banker Realty - Washington

Interior Features for 1631 North Capitol Street NE

Other Interior Features

Central Air Y/NNo
Heating FuelNone
Hot WaterNone

General for 1631 North Capitol Street NE

Acceptable FinancingConventional
AccessibilityLevel Entry - Main
Association Recreation FeeN
Business TypeConvenience Store/Gas, Restaurant/Bar, Other
CityWASHINGTON
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyWASHINGTON
DirectionsNorth Capitol & R Streets, NE
DisclosuresNone
HeatingNone
Historic Y/NNo
Legal SubdivisionEckington
Location TypeUrban
Lot Size Square Feet889.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-03-01T16:51:08
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
Possession61-90 Days CD
Possible UseApartment Building, Beer/Wine/Liquor, Bar/Tavern/Lounge, Clothing, Commercial, Convenience Store, Development, Food & Beverage, Liquor Store, Mixed Use, Multi-Family, Office, Professional Service
Price Per Sq Ft Total AG278.04
Property ConditionMajor Rehab Needed
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
RoofUnknown
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameECKINGTON
Tax Annual Amount22810.0
Tax Assessed Value466590.0
Tax Lot3
Tax Year2024
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile
Vacation Rental Y/NNo
ViewCity, Street
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningMU-4

Exterior for 1631 North Capitol Street NE

Building Area Total3147.00
Car Parking Spaces
Land Assessed Value71100.00
Land Use Code
Lot Size Acres0.02
Lot Size SourceAssessor
Navigable Water Y/NNo
Soil TypesUrban Land Not Rated
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Antonio Freitas

Associate
Price $875,000
MLS#DCDC2168236
List Date 11/11/2024
Property Type Commercial
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