Washington, DC 20011 1389 Quincy Street NW

1389 Quincy Street NW Washington, DC - Image 11389 Quincy Street NW Washington, DC - Image 21389 Quincy Street NW Washington, DC - Image 3
Presented By: Arlington Realty, Inc.
  • MLS# DCDC2098834
  • 06/16/2023
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  • SQFT • 2,300

Home Details

PRICE IMPROVEMENT - Reduced $200K. Prime mixed-use building in the heart of the sought after Petworth neighborhood, along the busy retail-commercial corridor of 14th St. NW. Corner lot with frontage on 14th St. NW and on Quincy St. NW. Built out for restaurant / carry out on the first floor with a large outdoor patio dining space. Above the restaurant on the 2nd and 3rd levels are two 1 br. / 1 ba. apartments, including a large deck off the rear of the 2nd level . Tax record indicates 2,019 SF, but seller estimates approx. 2,300 SF. Zoned MU-4. There could be potential to add another level: max. building height = 50 ft.; max FAR = 2.5 (residential) or 1.5 (non-residential). Leases are month-to-month, so property could be delivered vacant, or the new owner can renegotiate the leases. Excellent location with heavy foot and vehicle traffic, surround by shops, cafes, pubs, restaurants, and residential. Approx. 4 blocks to the Georgia Ave.-Petworth Metro station and 6 blocks to Columbia Heights Metro.
Presented By: Arlington Realty, Inc.

Interior Features for 1389 Quincy Street NW

Other Interior Features

Central Air Y/NNo
Heating FuelOther
Heating Y/NYes
Hot WaterOther

General for 1389 Quincy Street NW

AccessibilityNone
Business TypeApartment Building, Restaurant/Bar, Professional, Other/General Retail, Hair Salon and Spa
Cap Rate5.38
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingOther
CountyWASHINGTON
DirectionsAt the corner of 14th St. NW and Quincy St. NW
HeatingOther
Legal SubdivisionColumbia Heights
Lot Size Square Feet1438.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-12-26T10:44:28
Net Operating Income78026.00
New ConstructionNo
Number Of Units Total
Operating Expense22474.00
OwnerPaysAll Utilities, Taxes - Real Estate, Insurance
OwnershipFee Simple
PossessionSubject to Existing Lease
Possible UseApartments, Bar/Tavern/Lounge, Barber/Beauty, Clothing, Commercial, Convenience Store, Financial, Food & Beverage, Food Market, Medical/Dental, Office, Multi-Family, Professional Service, Residential, Retail, Resta
Price Per Sq Ft Total AG630.43
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NamePETWORTH
Tax Annual Amount7017.0
Tax Assessed Value1176070.0
Tax Lot33
Tax Year2024
TransportationBus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Commuter Rail Station less than 1 mile, Airport less than 10 miles
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1907
Year Built SourceAssessor
ZoningMU-4

Exterior for 1389 Quincy Street NW

Building Area Total2300.00
Land Assessed Value258420.00
Land Use Code
Lot Size Acres0.03
Lot Size SourceAssessor
Navigable Water Y/NNo
Soil TypesUnknown
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,450,000
MLS#DCDC2098834
List Date 06/16/2023
Property Type Commercial
Phone 703.929.4729
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