1302 Pennsylvania Avenue Se Washington, DC 20003

$2,400,000
0.03
Acres
$2,400,000
Favorite

active
1/4
Street View

100% Occupied Mixed-Use Asset in Prime Capitol Hill Location: 4,200 SF building featuring four (4) 1BD/1BA residential units above established neighborhood retail, offering a stable blend of residential and commercial income streams.Signalized Corner Position on Pennsylvania Avenue SE: Prominently located at the intersection of 13th Street SE and Pennsylvania Avenue SE, providing strong visibility and consistent foot and vehicle traffic along one of Capitol Hill’s primary corridors.Stable Retail Tenancy with Long-Term Commitment: Ground floor anchored by a long-standing convenience store operator with a strong operating history and willingness to execute a new long-term lease at closing, providing investors with immediate income stability.Recently Gut Renovated (2019): The property underwent a comprehensive renovation in 2019, significantly reducing near-term capital expenditure needs and allowing new ownership to benefit from modernized building systems and finishes.Walkable Transit-Oriented Location: Situated just 0.2 miles from the Potomac Ave Metro Station and 0.9 miles from Eastern Market Metro Station, with easy access to Eastern Market, Barracks Row, and the extensive dining, retail, and lifestyle amenities that define the Capitol Hill neighborhood.

100% Occupied Mixed-Use Asset in Prime Capitol Hill Location: 4,200 SF building featuring four (4) 1BD/1BA residential units above established neighborhood retail, offering a stable blend of residential and commercial income streams.Signalized Corner Position on Pennsylvania Avenue SE: Prominently located at the intersection of 13th Street SE and Pennsylvania Avenue SE, providing strong visibility and consistent foot and vehicle traffic along one of Capitol Hill’s primary corridors.Stable Retail Tenancy with Long-Term Commitment: Ground floor anchored by a long-standing convenience store operator with a strong operating history and willingness to execute a new long-term lease at closing, providing investors with immediate income stability.Recently Gut Renovated (2019): The property underwent a comprehensive renovation in 2019, significantly reducing near-term capital expenditure needs and allowing new ownership to benefit from modernized building systems and finishes.Walkable Transit-Oriented Location: Situated just 0.2 miles from the Potomac Ave Metro Station and 0.9 miles from Eastern Market Metro Station, with easy access to Eastern Market, Barracks Row, and the extensive dining, retail, and lifestyle amenities that define the Capitol Hill neighborhood.

  • Neighborhood
  • Type
  • County
    Washington
  • Tax Amount
    $19,399
  • Status
    Active
  • Listing #
    DCDC2259496
  • Built
    1914
  • Lot Size
    0.03
  • Listed on site
    33 days
  • Listing Agent Id
    121136700160

Listed by:
Greysteel Company LLC

Source:
BRIGHT MLS

Click for Map
Smart Commute Planner
Add a destination

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions
  • Historic Property

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning
  • Heat Electric
rating icon
HIGH PRICE
NEW!
Favorite

Tour This Home

Thu
04Jun
Fri
05Jun
Sat
06Jun
Sun
07Jun
Mon
08Jun
Tue
09Jun
Wed
10Jun
Thu
11Jun
Fri
12Jun
Sat
13Jun
Sun
14Jun
Mon
15Jun
Tue
16Jun
Wed
17Jun
in Person
via Video Call