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500 Irving Street NW

WASHINGTON, DC 20010
  • $1,275,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: DCDC2147970
UPDATED: 59 min ago
$1,275,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1914
County:

School Ratings & Info

Description

We are delighted to offer a unique investment opportunity in the form of 500 Irving Street NW, boasting 2388 sq. ft. of prime real estate within walking distance to DC's finest dining, nightlife, and shopping areas, as well as the Columbia Heights and Petworth metro. This property is zoned for mixed usage and is comprised of 3 levels, each of which has been tastefully modernized with open spans, expansive ceiling heights, and a full bathroom on each floor.On the main level, you will find a Market with a coffee bar and an outstanding lunch menu, all drenched in natural light from the south-facing windows and street-level entry door. The all-brick exterior rests on a corner lot that blends in with the neighborhood while remaining highly visible to the 10k+ commuters who pass by each day.The second level is currently being utilized as a 2 Bedroom 1 Bath Rental unit with the added convenience of a washer and dryer in situ, alongside a separate rear entry door. This presents an excellent opportunity for an owner-occupier who wishes to acquire a well-maintained property to run their business or for an investor looking for an additional value asset with tremendous upside.The basement level is where neighbors come to relax for social gatherings like Mic Night, Poetry, and Jam Night, making it the neighborhood's go-to venue for entertainment. At present, the entire space falls under the RF-1 zoning classification, which permits the operation of up to two separate units, thus adding to the property's appeal.Due to its proximity to the Old Soldiers Home, McMillan Reservoir, Howard University, and Georgia Avenue, this property stands to benefit from the ongoing and upcoming developments taking place in the area, making it an investment opportunity not to be missed.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-14T08:53:19.747.
www.mcclainwilliamson.com/homes/152033586
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500 Irving Street NW WASHINGTON, DC 20010

  • Price: $1,275,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 59 min ago
  • ID#: DCDC2147970
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1914
Built
Neighborhood:
Columbia Heights
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
We are delighted to offer a unique investment opportunity in the form of 500 Irving Street NW, boasting 2388 sq. ft. of prime real estate within walking distance to DC's finest dining, nightlife, and shopping areas, as well as the Columbia Heights and Petworth metro. This property is zoned for mixed usage and is comprised of 3 levels, each of which has been tastefully modernized with open spans, expansive ceiling heights, and a full bathroom on each floor.On the main level, you will find a Market with a coffee bar and an outstanding lunch menu, all drenched in natural light from the south-facing windows and street-level entry door. The all-brick exterior rests on a corner lot that blends in with the neighborhood while remaining highly visible to the 10k+ commuters who pass by each day.The second level is currently being utilized as a 2 Bedroom 1 Bath Rental unit with the added convenience of a washer and dryer in situ, alongside a separate rear entry door. This presents an excellent opportunity for an owner-occupier who wishes to acquire a well-maintained property to run their business or for an investor looking for an additional value asset with tremendous upside.The basement level is where neighbors come to relax for social gatherings like Mic Night, Poetry, and Jam Night, making it the neighborhood's go-to venue for entertainment. At present, the entire space falls under the RF-1 zoning classification, which permits the operation of up to two separate units, thus adding to the property's appeal.Due to its proximity to the Old Soldiers Home, McMillan Reservoir, Howard University, and Georgia Avenue, this property stands to benefit from the ongoing and upcoming developments taking place in the area, making it an investment opportunity not to be missed.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Soil Types Unknown Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2388.00 Cooling Central A/C Heating Forced Air Heating YN Yes

Property Features

Accessibility Features None Central Air YN Yes Cooling Fuel Electric Current Use ApartmentsBeer/Wine/LiquorResidentialMixedInvestmentFood & BeverageConvenience Store Foundation Details Slab Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN Yes Navigable Water YN N New Construction YN No Original MLSNumber 803175688932 Ownership Interest Other Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 4043.00 Tax Lot 119 Vacation Rental YN No Water Source Public Year Built Effective 2010 Zoning RF-1

Listing courtesy of RE/MAX 100: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or McClain-Williamson Realty, LLC.. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-07-14T08:53:19.747.
 
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