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    500 Irving St NW Washington, DC 20010

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    For Sale
    $1,284,000

    Mixed-use property featuring a market, rental unit, and venue.

    Property size:
    2,388 SF
    Lot size:
    0.02 Acres

    Property Features for 500 Irving St NW

    General Information

    Size
    2,388 SF
    Lot size
    0.02 Acres

    Source: ONE Street Agent Kevin Brandes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Rental Income

    This mixed-use property features a main level currently occupied by a popular market, creating an attraction for the neighborhood. The all-brick corner lot exterior attracts high visibility from daily commuters. The second level serves as a two-bedroom, one-bath rental unit, with amenities like an in-unit washer and dryer and a private rear entry. This space is suitable for an owner-occupier or an investor seeking additional income potential. The lower level has become a neighborhood venue, hosting social gatherings like open mic nights, poetry readings, and jam sessions. The property has a size of 2388 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.019737
    Latitude
    38.9292522

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring a market, rental unit, and venue.
    Where is this mixed-use property located?
    The property is located at 500 Irving St NW Washington, DC.
    What is the asking price?
    The asking price for this property is $1,284,000.
    What are key features of this property?
    This property features: - High-visibility corner lot location attracts thousands of daily commuters.; - Main level currently occupied by a popular market, creating an immediate attraction.; - Second level is a two-bedroom, one-bath rental unit with in-unit washer and dryer and private rear entry.
    (202) 867-5309
    Request Owner's contact information
    500 Irving St NW Washington, DC 20010
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    Washington, DC 20010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Irving St NW Washington, DC 20010
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