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2002 R Street NWWashington, DC 20009MLS Number DCDC2127134

  • Price: $3,000,000
  • 107 Days on Market
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Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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  • 0.04Acreage
  • 1925Year Built
  • 847Price Per Square Foot
  • 2022Assessment Year
Exceptional Mixed-Use Building in the Heart of Dupont Circle. Unlock the potential of this unique opportunity to own a distinguished mixed-use building just a block away from the Dupont Circle Metro. This gem, once an embassy, stands as a four-level structure with versatile possibilities for retail, office space, or a compelling blend of both. Key Features: -Location: Nestled in the heart of the bustling business district at the corner of Connecticut and R St, NW, this property enjoys proximity to the vibrant Dupont Circle and is surrounded by renowned restaurants, clubs, and retail shops. The prestigious DC embassy row is just a stone's throw away. -Versatility: All four levels offer flexibility, catering to various business needs. Whether you are seeking an owner-user building or a lucrative investment opportunity, this property is ready to accommodate your vision. -Foot Traffic: Benefit from the constant flow of foot traffic, creating an ideal environment for retail establishments and offices alike. -Outdoor Space: A small yet charming deck/terrace at the rear of the building provides a tranquil space, adding character to the property. -Parking Convenience: With four parking spaces accessible from the back alley, convenience meets practicality for both owners and visitors. -Current Status: The building is currently vacant, presenting a blank canvas for your creative aspirations. Expressions of interest have been received from potential tenants, ranging from restaurants to retail sales and services. Don't Miss This Beauty! Seize the opportunity to own a beauty in a prime location. Whether you are an investor or an owner-user, this mixed-use building is a rare find. Act swiftly to make this property yours and unlock its full potential. Contact us today to schedule a viewing and explore the possibilities that await in this coveted Dupont Circle location!
Listed by Vinh H Nguyen, Westgate Realty Group,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 TypesOn Street, Public Garage, Driveway

Basic Information

  • Date Listed02/04/2024

Location

  • Address2002 R Street NW
  • Building Number2002
  • CountyWashington
  • Cross StreetConnecticut
  • DirectionsDupont Circle, at the corner of R St and Connecticut
  • In City Limits YNYes
  • StateDC
  • SubdivisionDupont Circle
  • TownWashington
  • Zip20009

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Electric110 Volts
  • Heat SystemCentral, Forced Air
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Basic Information

  • Broker NameWestgate Realty Group, Inc.
  • List Price$3,000,000
  • MLS NumberDCDC2127134
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot847
  • StatusACT

Building

  • Building Area SourceAssessor
  • Building Area Total3541
  • Construction MaterialsBrick
  • Entry Level1
  • Stories4
  • Total Garage And Parking Spaces4
  • Year Built1925
  • Year Built Effective2018

Interior

  • FlooringWood

Other

  • Ground Rent Payment FrequencyAnnually
  • Soil TypesUnknown

Tax Information

  • Assessment Year2022
  • City Town Tax$32,958
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$2,005,370
  • Tax Lot121
  • Tax Year2022
  • Taxes$32,958
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.04
  • Business TypeHair Salon and Spa, Restaurant/Bar, Vet/Kennel
  • Lot Size SourceAssessor
  • Lot Size Square Feet1,860
  • New Construction YNN
  • Property ConditionVery Good
  • Property SubTypeMixed Use
  • ZoningMIXED USE
  • Zoning DescriptionMixed Use-Retail/Office

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Copyright 2024 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 May 20, 2024. 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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