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4401 16th St NW - Mosaic Church DC

17,917 SF Specialty Building Offered at $3,000,000 in Washington, DC 20011

Investment Highlights

  • Proposed 2025 assessed value of $3,785,870
  • Less than a mile from the Petworth Metro station
  • Approximately 70 solar panels on the roof, and expansive verdant views of Brookland and Petworth
  • Exceptionally rare redevelopment opportunity in the heart of 16th Street Heights
  • D32, S2, W45, and S9 bus lines just a block away
  • 15-20 tandem parking spaces at the rear with possible opportunity for more

Executive Summary

A distinct and exceptionally rare redevelopment opportunity in the heart of 16th Street Heights, this prominent 17,000+ sqft, half-acre property offers unparalleled potential. Zoned R-1B with a proposed 2025 assessed value of $3,785,870, this corner site invites a visionary transformation, whether through restoration or new development. The existing structure is rich in architectural details, including inlaid terrazzo flooring, a 1952 etched cornerstone, soaring ceilings in the sanctuary, brass railings, a bell tower, ornate ironwork, and oversized mahogany wood doors. Stained glass windows add historic character, making this a truly special opportunity. Potential redevelopment plans for the property are diverse and have included, restoration of the existing structure, creation of 16 three bedroom multi-family townhomes in a two-over-two configuration, construction of single-family attached townhomes, conversion of the building into condominiums, and the development of detached single-family homes. The property also features 20+ tandem parking spaces at the rear with possible opportunity for more, approximately 70 solar panels on the roof, and expansive verdant views of Brookland and Petworth. Located less than a mile from the Petworth Metro station, the property provides easy access to key commuting routes, including 16th Street, Piney Branch Parkway, Beach Drive, and Military Road. Public transportation options abound with the D32, S2, W45, and S9 bus lines just a block away. Nearby amenities include Rock Creek Park’s trails, golf course, and tennis courts, as well as convenient shopping at Safeway, Giant, Target, and Wal-Mart. This is a distinct and exceptionally rare opportunity to bring new life to a storied and prominent site in one of D.C.'s most desirable neighborhoods.

Property Facts Under Contract

Price $3,000,000
Price Per SF $167
Sale Type Owner User
Sale Conditions Redevelopment Project
Property Type Specialty
Property Subtype Religious Facility
Building Class B
Lot Size 0.47 AC
Building Size 17,917 SF
No. Stories 3
Year Built 1953
Tenancy Single
Parking Ratio 1.12/1,000 SF

Amenities

  • Bus Line
  • Metro/Subway
  • Air Conditioning
  • Smoke Detector
Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2701-0809
Land Assessment
$981,780
Improvements Assessment
$2,411,950
Total Assessment
$3,393,730

zoning

Zoning Code R-1-B (The R-1B zone is intended to provide areas predominantly developed with detached houses on moderately sized lots.)
R-1-B (The R-1B zone is intended to provide areas predominantly developed with detached houses on moderately sized lots.)
  • Listing ID: 33194845

  • Date on Market: 9/16/2024

  • Last Updated:

  • Address: 4401 16th St NW, Washington, DC 20011

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