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709-711 G Street SeWashington, DC 20003MLS Number DCDC2086376

  • Price: $2,900,000
  • 354 Days on Market
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Federal 30-year interest rate: 7.02% last updated on May 16, 2024
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709-711 G Street Se Washington DC 20003709-711 G Street Se Washington DC 20003709-711 G Street Se Washington DC 20003709-711 G Street Se Washington DC 20003709-711 G Street Se Washington DC 20003709-711 G Street Se Washington DC 20003
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  • 0.09Acreage
  • 1934Year Built
  • UrbanLocationType
  • 448Price Per Square Foot
Outstanding development opportunity in a prime location on Capitol Hill. This unique commercial building at 709 G Street SE has been combined with the adjacent townhouse at 711 G to form one generous 3,371 SF lot with a rare 41 ft street frontage. Historically operated as a photo studio the property is superbly located 1/2 block west of Barracks Row, two blocks from the Eastern Market and Metro, a short walk to the Library of Congress and Congressional Offices, and is surrounded by highly sought restaurants, shopping, and historic sites. It is currently configured as 6,469 SF of finished space with a large open work studio, offices, a kitchen, 3 bathrooms, and storage rooms. In addition, there is a 2 car garage. MU-4 Zoning allows mixed-use development that permits a broad array of commercial and multiple dwelling unit residential development. An FAR 3 w/IZ would permit over 11.000 SF matter of right. Contact agent for more information, including workup for a 9 unit condominium (unit stacking, layout, pricing, and outsales comps).
Listed by Joseph E Freeman III, McWilliams/Ballard,Inc.

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Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Location Information

  • UsmAreaWashington

Parking

  • Parking FeaturesPrivate
  • Parking TypesPrivate Garage

Basic Information

  • Date Listed05/31/2023

Location

  • Address709-711 G Street Se
  • Building Number709-711
  • CountyWashington
  • Cross Street8th Street SE
  • DirectionsOn G Street SE between 7th and 8th Streets SE.
  • In City Limits YNYes
  • StateDC
  • SubdivisionCapitol Hill
  • TownWashington
  • Zip20003

Utilities

  • CoolingHeat Pump(s)
  • Cooling FuelElectric
  • Heat SystemCentral
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterElectric
  • Water SourcePublic

Basic Information

  • Broker NameMcWilliams/Ballard, Inc.
  • List Price$2,900,000
  • LocationTypeUrban
  • MLS NumberDCDC2086376
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot448
  • StatusPEN
  • Units2

Building

  • Building Area SourceEstimated
  • Building Area Total6469
  • Construction MaterialsBrick
  • Entry Level1
  • FoundationSlab
  • Stories3
  • Total Garage And Parking Spaces3
  • Year Built1934

Property Information

  • Municipal Trash YNYes

Other

  • Soil TypesChillum-Urban Land Complex
  • View Count6

Tax Information

  • Assessment Year2022
  • City Town Tax$25,607
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$1,587,190
  • Tax Lot56
  • Tax Year2022
  • Taxes$25,607
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.09
  • Business TypeOther
  • Lot Dimensions SourceEstimated
  • Lot Size Dimensions41' x 91'
  • Lot Size SourceAssessor
  • Lot Size Square Feet3,731
  • New Construction YNN
  • Property ConditionVery Good
  • Property SubTypeFive Or More Units
  • ZoningMU-4
  • Zoning DescriptionProvides for mixed-use developments that permit a broad range of commercial and multiple dwelling unit residential development.

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