1017 M St NW
Washington, DC 20001
Mixed-Use Redev Opportunity | Logan Circle · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Value-add opportunity to acquire a unique retail building on a corner lot and add value through redevelopment into a multitude of potential options.
- Property formerly served as a laundromat with two levels of upstairs apartments, and can be redeveloped with a total GFA of 6,240 SF.
- Surrounding mile radius has over 82,000 residents with an average annual HHI exceeding $146,000 and total consumer spending exceeding $1.5B.
- Ideally situated on the corner of M St NW and 11th St NW in Washington D.C.’s popular Logan Circle neighborhood.
- Nothing is currently under construction in the East End submarket, placing this property clearly in the eyes of many upon redevelopment.
- Property is located just a few blocks from the Capitol Business Center & Mt Vernon Sq 7th St - convention center, along with numerous branded hotels.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,768 SF
Building Class
C
Year Built
1900
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.00
Lot Size
0.04 AC
Zoning
MU-6
Frontage
37’ on M St NW
PROPERTY TAXES
| Parcel Number | 0340-0058 | Improvements Assessment | $857,560 |
| Land Assessment | $500,590 | Total Assessment | $1,358,150 |
