Washington, DC 20002,511 MORSE ST NE
Washington, DC 20002,511 MORSE ST NE
Washington, DC 20002,511 MORSE ST NE
Washington, DC 20002,511 MORSE ST NE
Washington, DC 20002,511 MORSE ST NE
Washington, DC 20002,511 MORSE ST NE
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$1,425,000

$1,425,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

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:
------------------------------
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
------------------
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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Bright MLS (BMLS)
Listed by Kenn B Blagburn • DC Real Property,LLC
Bought with Yooki Yeo • NBI Realty LLC
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