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1389 Quincy Street NW Washington, DC $ 1,550,000
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$ 1,550,000 Get more info
1389 Quincy Street NW
$ 1,550,000
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Share Save

1389 Quincy Street NW

Washington, DC, 20011
$ 1,550,000
Bedrooms-- Baths-- Sq 2,300

Monthly Estimate*

$ 9,670

1389 Quincy Street NW, Washington, DC 20011 - Image 1
1389 Quincy Street NW, Washington, DC 20011 - Image 2
1389 Quincy Street NW, Washington, DC 20011 - Image 3
1389 Quincy Street NW, Washington, DC 20011 - Image 4

Commercial Property for sale in Washington, DC

for $1,550,000. This 2,300 square foot building was built in 1907 on a lot size of 0.03.

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). Lease for 1st/2nd level is month-to-month, so property could be delivered vacant, or the new owner can renegotiate the lease. 3rd floor apartment is vacant. 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.

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Commercial Active

Price

$ 1,550,000

Property Type

Commercial

Taxes

$ 7,017

Style

Apartment Building,Restaurant/Bar,Professional,/Ge

Lot Size

0.03

Year Built

1907

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2098834
Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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General
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 2024
Ownership Fee Simple
Cool Fuel Electric
Gross Income 78900.00
Business Type Apartment Building Restaurant/Bar Professional Other/General Retail Hair Salon and Spa
Accessibility None
County WASHINGTON
New Construction N
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 N
Status ACTIVE
Directions At the corner of 14th St. NW and Quincy St. NW
City WASHINGTON
Number Of Units Total 0
Lot Size Units Square Feet
Lot Size Square Feet 1438.00
Tax Annual Amount 7017.0
Price Per Sq Ft Total AG 673.91
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Columbia Heights
Tax Lot 33
Cap Rate 3.00
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 2300.00
Lot Size Acres 0.03
Lot Size Source Assessor
Waterfront Y/N N
Soil Types Unknown
Land Assessed Value 258420.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1389
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* Excluded Features
List By
Arlington Realty, Inc.

Broker

arvirginiasmith@aol.com

Email

Affordability Calculator

$10,255
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,670
Monthly Property Taxes
$585
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/21/2024$1,450,000 -12.12% Price Down
5/3/2024$1,650,000 -10.81% Price Down
6/16/2023$1,850,000 Listed Price

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1389 Quincy Street NW, Washington, DC, 20011 is a Commercial Property for sale at $1,550,000 with 2,300 sqft and a lot size of 0.03. 1389 Quincy Street NW was built in 1907. The property's zip code is 20011 which is in Washington, DC

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