511 Morse Street NE
Washington, DC, 20002 $ 1,425,000
Baths0.0 Sq 2,540 Monthly Estimate*
$ 9,954
Studio
for $1,425,000. This 2,540 square foot building was built in 1932 on a lot size of 0.03.
THE OFFERING: A 2540 square foot, Warehouse space with Retail Potential in Union Market DC** LOCATION: 511 Morse Street, NE Washington, DC OVERVIEW: Situated in the vibrant and rapidly evolving Union Market district, this 2540 square foot warehouse presents an exceptional opportunity for retail development. The property, located at 511 Morse Street, NE, Washington, DC, boasts a prime location in one of the citys most dynamic and sought-after neighborhoods. FEATURES 1. Size & Layout: - Total Area: 2540 SQUARE FEET, LOT SIZE: 1480 SQUARE FEET - Versatile open floor plan suitable for retail customization - High ceilings offering potential for creative architectural designs 2. Location Advantage - Proximity to Union Market, a renowned destination for food, culture, and innovation - Easy access to major transportation routes and public transit options - Surrounded by a mix of residential, commercial, and entertainment establishments, ensuring a steady flow of foot traffic 3. Retail Potential - Ideal for boutique shops, cafes, galleries, or specialty stores - Ample space for displays, seating areas, and customer engagement zones - Street-level entrance with potential for eye-catching storefront design 4. Infrastructure & Utilities: - Solid infrastructure with updated electrical and plumbing systems - HVAC system in place, providing climate control for comfort and convenience - Loading dock and storage area, facilitating efficient inventory management 5. Community & Lifestyle - A thriving community with a blend of local businesses, artisans, and residents - Close proximity to popular attractions, including the Union Market, Gallaudet University, and the vibrant H Street corridor - Opportunity to become a part of a dynamic and diverse neighborhood that values innovation, creativity, and entrepreneurial spirit Investment Potential: ------------------------------ With its prime location, versatile layout, and strong retail potential, 511 Morse Street, NE presents a compelling investment opportunity in Union Market DC. Whether you are an investor seeking a lucrative commercial property or an entrepreneur looking to establish or expand your retail presence, this warehouse offers the flexibility and visibility to make your vision a reality. Conclusion ------------------ Dont miss the chance to secure this prime retail space in one of Washington, DCs most exciting neighborhoods. With its blend of historic charm, modern amenities, and vibrant community, 511 Morse Street, NE is poised to become a landmark destination in Union Market DC. Contact us today to schedule a viewing and explore the possibilities that await!
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Commercial PendingWarehouse,Storage,Supermarket/Grocery Store,Restau
FeaturesInteriorHeating Fuel None
Hot Water Natural Gas
Street Suffix STREET
Central Air Y/N N
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GeneralSewer Public Sewer
Heating None
Cooling None
Possession 0-30 Days CD 120-180 Days
Zoning PDR-1
Construction Materials Concrete
Year Built 1932
Property SubType Industrial
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Business Type Warehouse Storage Supermarket/Grocery Store Restaurant/Bar Professional Recreation Other/General Retail Manufacturing Health Club Hair Salon and Spa Big Box Retail Bed and Breakfast
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status PENDING
Directions Florida to Union Market
City WASHINGTON
Buyer Agent Compensation 0
Total Units 0
Lot Size Square Feet 1488.00
Waterfront Y/N N
Street Name MORSE
Tax Annual Amount 11937.0
Price Per Sq Ft 561.02
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://youtu.be/x8CrULIY5DU
Days on Market 9
Location Type Business District
Standard Status Pending
Year Built Source Assessor
Legal Subdivision Brentwood
Tax Lot 4
Buyer Agent Compensation Type % Of Gross
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ExteriorWater Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 2540.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Soil Types Chillum-Urban Land Complex
Land Assessed Value 540140.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByDc Real Property,LlcBroker
kenn@oldkingbloom.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $9,954
- Monthly Property Taxes
- $995
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Washington, DC
Average List Price $2,247,285
Percent of Sale Price 58%
About Washington, DC 701,213 Population
23% Since 2002
$ 81,899 Median Income
37.42 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
4/18/2024 | $1,425,000 | | Listed Price |