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28913750
28913748

1203 U St NW, Washington, DC 20009 For Sale

RG
DC SP98376775
Coldwell Banker Commercial NRT Potomac
Listed by Coldwell Banker Commercial NRT Potomac
$1,480,000
216 days on market
Updated 80 days ago

1203 U St. NW

Details
APN 0273-0029
Property Type Mixed Use
Sub Type Retail
Square Footage 2,360
Net Rentable (SqFt) 2,000
Occupancy 50%
Pro-Forma Cap Rate 6.82%
Pro-Forma NOI $100,877
Price per SqFt $627
Broker Co-Op Yes
Class C
Year Built 1900
Year Renovated 2018
Stories 3
Zoning MU-4
Investment Type Value Add

Invest in the heart of Washington, D.C. Prime opportunity for mixed-use investment. Zoned ARTS-4.

Marketing description

Introducing your next investment opportunity in the heart of Washington, DC - 1203 U St NW. This prime property is listed at $1,575,000, offering a price per SF of $667.00. Located in a sought-after area, this versatile space presents fantastic potential for various commercial uses. Featuring an attractive sale price and situated in a bustling neighborhood, 1203 U St NW is a rare find. With a strong investment outlook, this property promises a lucrative venture. Don't miss this chance to secure your foothold in this vibrant market. This confidential offering provides essential insights into the property, guiding you through this exciting opportunity. Act now to explore the potential of 1203 U St NW in Washington, DC - where prime location meets boundless possibilities.

Investment highlights

OFFERING SUMMARY

Sale Price: $1,575,000

Number of Units: 2

Lot Size: 752 SF

Building Size: 2,360 SF

NOI: $100,877.00

Cap Rate: 6.4%

Listing Contacts

RG
DC SP98376775
Coldwell Banker Commercial NRT Potomac
Listed by Coldwell Banker Commercial NRT Potomac

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Additional Information

Name
Ricardo Guice
License
SP98376775
Brokerage
Ricardo J Guice
Brokerage Phone
2028055614
Brokerage Address
1025 Thomas Jefferson Street Northwest
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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