$1,425,000
$1,425,000
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2,540 SqFt
SOLD DATE : 07/08/2024
Key Details
Sold Price $1,425,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,540 sqft
Price per Sqft $561
MLS Listing ID DCDC2136404
Sold Date 07/08/24
Originating Board BRIGHT
Year Built 1932
Annual Tax Amount $11,937
Tax Year 2022
Lot Size 1,488 Sqft
Acres 0.03
Property Description
THE OFFERING: A 2540 square foot, Warehouse space with Retail Potential in Union Market DC**
LOCATION: 511 Morse Street, NE Washington, DC
OVERVIEW:
Situated in the vibrant and rapidly evolving Union Market district, this 2540 square foot warehouse presents an exceptional opportunity for retail development. The property, located at 511 Morse Street, NE, Washington, DC, boasts a prime location in one of the city’s most dynamic and sought-after neighborhoods.
FEATURES
1. Size & Layout:
- Total Area: 2540 SQUARE FEET, LOT SIZE: 1480 SQUARE FEET
- Versatile open floor plan suitable for retail customization
- High ceilings offering potential for creative architectural designs
2. Location Advantage
- Proximity to Union Market, a renowned destination for food, culture, and innovation
- Easy access to major transportation routes and public transit options
- Surrounded by a mix of residential, commercial, and entertainment establishments, ensuring a steady flow of foot traffic
3. Retail Potential
- Ideal for boutique shops, cafes, galleries, or specialty stores
- Ample space for displays, seating areas, and customer engagement zones
- Street-level entrance with potential for eye-catching storefront design
4. Infrastructure & Utilities:
- Solid infrastructure with updated electrical and plumbing systems
- HVAC system in place, providing climate control for comfort and convenience
- Loading dock and storage area, facilitating efficient inventory management
5. Community & Lifestyle
- A thriving community with a blend of local businesses, artisans, and residents
- Close proximity to popular attractions, including the Union Market, Gallaudet University, and the vibrant H Street corridor
- Opportunity to become a part of a dynamic and diverse neighborhood that values innovation, creativity, and entrepreneurial spirit
Investment Potential:
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With its prime location, versatile layout, and strong retail potential, 511 Morse Street, NE presents a compelling investment opportunity in Union Market DC. Whether you are an investor seeking a lucrative commercial property or an entrepreneur looking to establish or expand your retail presence, this warehouse offers the flexibility and visibility to make your vision a reality.
Conclusion
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Don’t miss the chance to secure this prime retail space in one of Washington, DC’s most exciting neighborhoods. With its blend of historic charm, modern amenities, and vibrant community, 511 Morse Street, NE is poised to become a landmark destination in Union Market DC. Contact us today to schedule a viewing and explore the possibilities that await!
Location
State DC
County Washington
Zoning PDR-1
Interior
Hot Water Natural Gas
Heating None
Cooling None
Heat Source None
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3590//0004
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Yooki Yeo • NBI Realty LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "