1613 Montello Ave NE - Storefront FOR SALE


Washington, DC 20002- Trinidad
$1,980,000 USD
703-395-3123
1613 Montello Ave NE, Washington, DC for Sale
$1,980,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

May '25


1613 Montello Ave NE
Washington, DC 20002
Trinidad


HIGHLIGHTS

  • Union Market / Trinidad corridor, 2 Blocks from Gallaudet University - ready for transformation
  • 7,990 SF LOT is surrounded by thriving multi-family condo conversion - Corner LOT
  • Land Use: MU3A - Mixed Use Commercial / Residential, 3 Stories, Height up to 40 Feet
  • Capitalizing on the area's growth and demand for quality housing

OVERVIEW

Prime Development Opportunity in Trinidad - 1609, 1611, 1613 Montello Avenue NE, 2 blocks from Gallaudet University, close to Union Market and NOMA. Corner Fee simple building, Total 7,990 SF LOT, Zoned MU-3A ALLOWS - 3 Stories, Height up to 40 Feet, rare chance to develop a multifamily mixed-use project, the retail space on the ground floor. The neighborhood has experienced significant appreciation, several nearby properties have been successfully developed into boutique condo building, indicating the strong potential for expansion. Contact Lister for details and schedule a viewing. Please DO NOT DISTURB the current operator! All offers encouraged. An incredible value that won't last long!

FOR SALE DETAILS

PRICE

$1,980,000 USD

PRICE/SF

$574 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

CROSS STREETS

Holbrook

LAND ACRES

0.18 AC

LAND SF

7,990 SF

ZONING

MU-3

APN/PARCEL ID

4057-0828

ASK ABOUT THIS PROPERTY

Kevin ShinFortune Realty AdvisorsMore Info
703-395-3123

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Kevin ShinFortune Realty AdvisorsMore Info
703-395-3123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.