2002 11Th Street NW Washington, DC $ 6,250,000
2002 11Th Street NW
$ 6,250,000
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2002 11Th Street NW

Washington, DC, 20001
$ 6,250,000
Baths0.0 Sq 36,500

Monthly Estimate*

$ 41,539

2002 11Th Street NW, Washington, DC 20001 - Image 1
Studio

Commercial Property for sale in Washington, DC

for $6,250,000. This 36,500 square foot building was built in 2018 on a lot size of 0.08.

2002 11th Street, N.W. is a prime development site in the established U Street Corridor. Currently entitled for up to 36,000 SF of multifamily, the site sits approximately 40 feet off the intersection of 11th and U Streets, N.W. Consisting of approximately 3,423 SF, the site is zoned ARTS-4, allowing for medium to high density mixed-use development with a maximum FAR of 6.0 by right. Additionally, the property is unique because it includes the air rights for the adjoining historical structure (Industrial Bank), allowing new ownership to build 10-stories high, allowing for large, southern facing windows and monument views. The property boasts a 99 walk score and is located less than 3 blocks from the Metro (Green Line) along the U Street Corridor, well-established as a cultural and nightlife destination.

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Commercial Active

Price

$ 6,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 18,571

Style

Apartment Building,Restaurant/Bar

Lot Size

0.08

Year Built

2018

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2117314

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Negotiable
Zoning OFFICE
Construction Materials Brick
Year Built 2018
Property SubType Mixed Use
Tax Year 2019
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building Restaurant/Bar
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions At 11th and Ust.
City WASHINGTON
Buyer Agent Compensation 2
Lot Size Square Feet 3423.00
Waterfront Y/N N
Street Name 11TH
Tax Annual Amount 18571.0
Acceptable Financing Negotiable
Vacation Rental Y/N N
Days on Market 187
Standard Status Active
Year Built Source Estimated
Legal Subdivision Old City 2
Tax Lot 825
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 0.08
Lot Size Units Square Feet
Lot Size Source Estimated
Soil Types Unknown
Land Assessed Value 1389400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2002
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* Excluded Features
List By
Rory S. Coakley Realty, Inc.

Broker

roryp@coakleyrealty.com

Email

Affordability Calculator

$43,087
Per Month
96%
4%
0%
Monthly Principal & Interest
$41,539
Monthly Property Taxes
$1,548
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/27/2023$6,250,000 Listed Price

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2002 11Th Street NW, Washington, DC, 20001 is a Commercial Property for sale at $6,250,000 with 36,500 sqft and a lot size of 0.08. 2002 11Th Street NW is a studio with 0.0 baths and was built in 2018. The property's zip code is 20001 which is in Washington, DC