Washington, DC 20002,1259 4TH ST NE
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Washington, DC 20002,1259 4TH ST NE
Washington, DC 20002,1259 4TH ST NE
Washington, DC 20002,1259 4TH ST NE
Washington, DC 20002,1259 4TH ST NE

$2,300,000

Est. payment /mo

$2,300,000

Est.Price: ?

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1259 4TH ST NE Washington, DC 20002

3,600 SqFt

SOLD DATE : 04/07/2022

Key Details

Sold Price $2,300,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $638

Subdivision Brentwood

MLS Listing ID DCDC2014644

Year Built 1931

Annual Tax Amount $3,655

Tax Year 1997

Lot Size 2,290 Sqft

Property Description

The fee simple 3,600 sf Industrial building interest in one of DC's most dynamic nieghborhoods / Union Market. This industrial asset is perfect for a owner / occupant or opportunistic developer. Located block away from NoMa/Gallaudet Metro in the heart of the booming Union Market neighborhood. 3,000+ residential units, 500,000 SF of office and 200,000+ SF of retail are in the pipeline.

The building has been self managed & leased by owner and offers a value add opportunity with under market value rents, the ability to reposition the rentable square footage on the existing leases and restructuring the retail leases to net leases. Tenant pay taxes, utilities and interior and exterior repairs & maintenance. Do not disturb current tenant.

Location

State DC

County Washington

Zoning CM1

Interior

Hot Water Natural Gas

Heating Other

Cooling Other

Flooring Concrete

Exterior

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Kevin B Shin • Fairfax Realty 50/66 LLC
Bought with Kevin B Shin • Fairfax Realty 50/66 LLC

Jason Gareau

Broker

+1(609) 929-4486

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