Address
1389 Quincy Street NW, Washington, DC
Price
$ 1,650,000
Property Attributes
- MLS#DCDC2098834
- TypeCommercial
- CountyWASHINGTON
- CityWashington
- NeighborhoodPetworth
- Zip20011
- StyleApartment Building,Restaurant/Bar,Professional,/Ge
- Year Built1907
- Taxes$ 6143
- Price$ 1,650,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2300
- Lot Size0.03 Acres
Data Source:
Bright MLS
Property Description
Prime mixed-use building in the heart of the sought after Petworth neighborhood, along the busy retail-commercial corridor of 14th St. NW. Corner lot with frontage on 14th St. NW and on Quincy St. NW. Built out for restaurant / carry out on the first floor with a large outdoor patio dining space. Above the restaurant on the 2nd and 3rd levels are two 1 br. / 1 ba. apartments, including a large deck off the rear of the 2nd level . Tax record indicates 2,019 SF, but seller estimates approx. 2,300 SF. Zoned MU-4. There could be potential to add another level: max. building height = 50 ft.; max FAR = 2.5 (residential) or 1.5 (non-residential). Leases are month-to-month, so property could be delivered vacant, or the new owner can renegotiate the leases. Excellent location with heavy foot and vehicle traffic, surround by shops, cafes, pubs, restaurants, and residential. Approx. 4 blocks to the Georgia Ave.-Petworth Metro station and 6 blocks to Columbia Heights Metro.
| Price History | |
|---|---|
| 6/16/2023 | Listed $1,850,000 |
| 5/3/2024 | 11% - $1,650,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Other |
| Cooling | Other |
| Possession | Subject to Existing Lease |
| Zoning | MU-4 |
| Construction Materials | Brick |
| Year Built | 1907 |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| OwnerPays | All Utilities,Taxes - Real Estate,Insurance |
| Business Type | Apartment Building,Restaurant/Bar,Professional,Other/General Retail,Hair Salon and Spa |
| Accessibility | None |
| County | WASHINGTON |
| Net Operating Income | 100500.00 |
| Operating Expense | 22474.00 |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | PETWORTH |
| Possible Use | Apartments,Bar/Tavern/Lounge,Barber/Beauty,Clothing,Commercial,Convenience Store,Financial,Food & Beverage,Food Market,Medical/Dental,Office,Multi-Family,Professional Service,Residential,Retail,Resta |
| Water Access Y/N | No |
| Property Use | Investment |
| Transportation | Bus Stop less than 1 mile,Metro/Subway Station less than 1 mile,Commuter Rail Station less than 1 mile,Airport less than 10 miles |
| Status | ACTIVE |
| Directions | At the corner of 14th St. NW and Quincy St. NW |
| ModificationTimestamp | 2024-05-22T02:17:24 |
| City | WASHINGTON |
| Buyer Agent Compensation | 2.5 |
| Zoning Description | Mixed-Use |
| Lot Size Square Feet | 1438.00 |
| Tax Assessed Value | 808180.0 |
| Waterfront Y/N | No |
| Street Name | QUINCY |
| Tax Annual Amount | 6143.0 |
| Price Per Sq Ft Total | 717.39 |
| Vacation Rental Y/N | No |
| Days on Market | 342 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Columbia Heights |
| Tax Lot | 33 |
| Total Actual Rent | 4.73 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Other |
|---|---|
| Hot Water | Other |
| Heating Y/N | Yes |
| Street Suffix | STREET |
| Central Air Y/N | No |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | None |
| Water View Y/N | No |
| Building Area Total | 2300.00 |
| Lot Size Acres | 0.03 |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Soil Types | Unknown |
| Land Assessed Value | 253350.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 20011
Price
Taxes
Visits
Year Built
Walkscore
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