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Ram Bala

ram.bala@kw.com +1(703) 403-5338

$ 2,700,000

Est. payment -/mo

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Price Dropped by $150K

1501 11TH ST NW Washington, DC 20001

6,213 SqFt

UPDATED:

09/24/2024 04:08 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,213 sqft

Price per Sqft $434

Subdivision Logan/Shaw

MLS Listing ID DCDC2152326

Originating Board BRIGHT

Year Built 1890

Annual Tax Amount $22,121

Tax Year 2022

Lot Size 1,080 Sqft

Acres 0.02

Property Description

STATELY LOGAN CIRCLE Office Building/Residence (6,213 SQFT per Public Record) which could easily be reimagined. The space includes 3-Levels with loft area comprised of 4950 SQFT above grade and additional 1,263 SQFT English basement.

The End Cap Victorian mansion in Historic Shaw fronts 11th Street on a corner lot and has incredible curb appeal, with character elements in the millwork and masonry, wrought iron exterior entrance stairway, fenced yard, replacement windows, and is fully sprinklered, with three distinct entrance areas, as well as life safety egress.

Built in 1890 this is available For Sale for the first time in decades. The 11th Street corridor was recently effectively UP-ZONED to encourage mixed-use development, specifically commercial and residential on the 11th Street overlay. The District of Columbia has prioritized this property as mixed-use and is taxing it at $22,121 (2022) per annum. It could remain an office/retail building, be converted back to a single family home, or apartments/condominiums or a mix of those uses.

The 2021 Comprehensive Plan Map is enclosed and reflects the new zoning of MU-4 (Mixed-Use) and permits a broad range of commercial, institutional, and multiple dwelling unit residential development.

This sun drenched building, with ample windows to provide natural light throughout, also has three main entry points, and was most recently leased as a multi-tenanted office building. However, this mansion, with six decorative fireplaces can easily be converted back to a single family home or multiple units.

The open floor plan allows for a modern workplace experience with board room and creative space. The parlor areas can be utilized as flex spaces for seminars, receptions, makers space or collaborative meeting space. The building functions very well as an office and can accommodate the around-the-clock work environment, complete with a full bathroom with stand up shower, and additional powder restrooms, kitchen/breakroom, storage, swing space and private rooms/offices.

Proximate to bustling Logan Circle, the site is walking distance to 4 Metro rail stations, various attractions and amenities: libraries, dog parks, skate park, restaurants, entertainment, schools, museums, daycares, hospitals, fire department, colleges, swimming pools, pharmacies, police department and post office.

Location

State DC

County Washington

Zoning MU-4

Interior

Hot Water 60+ Gallon Tank, Electric

Heating Heat Pump - Electric BackUp

Cooling Central A/C

Flooring Solid Hardwood, Ceramic Tile, Partially Carpeted

Heat Source Electric

Exterior

Waterfront N

Water Access N

View City, Scenic Vista, Park/Greenbelt

Roof Type Shingle

Accessibility 48\"+ Halls

Parking Type On Street, Off Site

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Benjamin Banneker Academy

School District District Of Columbia Public Schools

Others

Tax ID 0337//0017

Ownership Fee Simple

SqFt Source Estimated

Security Features Non-Monitored

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Special Listing Condition Standard

Listed by Monique A Walker • Fleur de Lis, LLC

Ram Bala

Agent | License ID: 0225064126

+1(703) 403-5338

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Ram Bala

Ram Bala

1501 11TH ST NW Washington, DC 20001

Key Details

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1501 11TH ST NW