Invest in the Heart of Prime Capitol Hill with this 3400sf 2 unit property on Pennsylvania Ave commercial corridor. Premier High traffic location - steps to Eastern Market METRO, Market & Barracks Row, the Capitol, Congressional offices, large residential community AND all the shops/restaurants of Capitol Hill. Building 1990's new construction consisting of 1st Flr Storefront with finished basement and 2nd Flr with separate entrance for office tenant. 1st Flr currently leased to Eye Central (Strong Tenant). 2nd flr Vacant and Move In Ready with 1200 square feet with additional huge plus of an additional 400sf large outdoor deck (Potential). Property in Excellent Condition. Perfect profession office or retail operating supplemented by rental income. Multi "small office" rental potential on second floor. Property currently serviced by the Capitol Hill Bid and the Eastern Market Main Street. Take advantage of DC's DMPD New COMMERCIAL PROPERTY ACQUISITION FUND with up to $750,000 for property purchase. Easy 24 hr notice appointment for 1st Floor. Upper Floor Vacant and on Combo Lock -Show Anytime! Existing Lease and Floorplans in Docs.

More Info

Location Information

UsmAreaWashington

Parking

Assigned Parking Spaces
Parking TypesOn Street

Basic Information

Date Listed12/19/2022

Location

Address635 Pennsylvania Avenue SE
Building Number635
CountyWashington
Cross Street7th Street SE
DirectionsSteps to Eastern Market Metro 7th & Pennsylvania Ave. SE in Capitol Hill Bid & Eastern Market Main Street Designated Area
In City Limits YNYes
StateDC
TownWashington
Zip20003

Interior

FlooringFully Carpeted

Amenities

Other AmenitiesBasement

Legal

PossessionSubject to Existing Lease, Immediate
Sale TypeStandard

Basic Information

Broker NameColdwell Banker Realty
List Price$1,930,000
LocationTypeBusiness District
MLS NumberDCDC2078082
MLS Property TypeCommercial Sale
Price Per Square Foot798
StatusActive With Contract

Building

Building Area SourceAssessor
Building Area Total2420
Construction MaterialsMetal Siding
Garage Spaces
Num Attached Garage Spaces
Num Detached Garage Spaces
Total Garage And Parking Spaces
Year Built1992

Utilities

Central Air YNYes
CoolingCentral A/C, Window Unit(s)
Cooling FuelElectric
Heat SystemForced Air
Heating FuelNatural Gas
Heating YNYes
SewerPublic Sewer
Water HeaterNatural Gas
Water SourcePublic

Tax Information

Assessment Year2022
City Town Tax18930
City Town Tax Payment FrequencyAnnually
County Tax Payment FrequencyAnnually
Tax Assessment Amount1056770
Tax Lot820
Tax Year2022
Taxes$18,930
Total Taxes Payment FrequencySemi-Annually

Property

Acreage0.04
Business TypeProfessional, School, Restaurant/Bar, Other/General Retail
Lot Size SourceAssessor
Lot Size Square Feet1,818
Property ConditionVery Good
Property SubTypeOffice
ZoningMU-25
Zoning DescriptionConcentrate non-residential uses in commercial zone districts in certain areas of Capitol Hill

Other

Historic YNYes
Soil TypesUrban Land-Sassafras-Chillum
View Count1

Copyright 2023 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 2, 2023. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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