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1259 4TH Street NE

WASHINGTON, DC 20002
  • $2,300,000
  • STATUS: Active
  • ON SITE: 69 Days
  • ID#: DCDC2014644
UPDATED: 34 min ago
$2,300,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1931
County:

School Ratings & Info

Description

The fee simple 3,600 sf Industrial building interest in one of DC's most dynamic nieghborhoods / Union Market. This industrial asset is perfect for a owner / occupant or opportunistic developer. Located block away from NoMa/Gallaudet Metro in the heart of the booming Union Market neighborhood. 3,000+ residential units, 500,000 SF of office and 200,000+ SF of retail are in the pipeline.The building has been self managed & leased by owner and offers a value add opportunity with under market value rents, the ability to reposition the rentable square footage on the existing leases and restructuring the retail leases to net leases. Tenant pay taxes, utilities and interior and exterior repairs & maintenance. Do not disturb current tenant.

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©2021 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 The Vashist Group | Keller Williams Realty. 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: 2021-11-29T08:50:38.177.
www.teamrajeev.com/homes/121587091
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1259 4TH Street NE WASHINGTON, DC 20002

  • Price: $2,300,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 34 min ago
  • ID#: DCDC2014644
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1931
Built
Neighborhood:
Brentwood
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
The fee simple 3,600 sf Industrial building interest in one of DC's most dynamic nieghborhoods / Union Market. This industrial asset is perfect for a owner / occupant or opportunistic developer. Located block away from NoMa/Gallaudet Metro in the heart of the booming Union Market neighborhood. 3,000+ residential units, 500,000 SF of office and 200,000+ SF of retail are in the pipeline.The building has been self managed & leased by owner and offers a value add opportunity with under market value rents, the ability to reposition the rentable square footage on the existing leases and restructuring the retail leases to net leases. Tenant pay taxes, utilities and interior and exterior repairs & maintenance. Do not disturb current tenant.
Exterior Features

Construction Materials Brick Garage YN No Parking Types On Street Riparian Rights YN No Soil Types Urban Land-Sassafras-Chillum Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3600.00 Cooling Other Flooring Concrete Heating Other Heating YN Yes Net Square Feet 3600.00

Property Features

Accessibility Features Other Assessment Year 1997 Business Type Warehouse Central Air YN No Cooling Fuel Natural Gas Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Original MLSNumber 801064793714 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Industrial Sale Type Standard Sewer Public Sewer Tax Annual Amount 3655.00 Tax Assessment Amount 170000.00 Tax Lot 0032 Vacation Rental YN No Water Source Public Zoning Cm1

Listing courtesy of Fairfax Realty.


©2021 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 The Vashist Group | Keller Williams Realty. 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: 2021-11-29T08:50:38.177.
 
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The Vashist Group | Keller Williams Realty
20130 Lakeview Center Plaza #110
Ashburn VA, 20147