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    1254 4Th St NE Washington, DC 20002

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    For Sale
    $4,500,000

    Commercial property in Union Market District, shell condition, many uses.

    Lot size:
    0.08 Acres

    Property Features for 1254 4Th St NE

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1900

    Source: United Realty, Inc. Agent Sow S Thong

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

    Overview

    Union Market Commercial Property Opportunity

    This commercial fee simple property is located in the Union Market District, a destination known for food, living spaces, and events. The property is near the Noma BID, Gallaudet University, and Eckington, and is within walking distance of the Noma Gallaudet Metro Station, the Alcohol Tobacco Firearms HQ, and the Peoples Building. The surrounding area includes the Union Market Historic Food Hall and establishments such as Pastis, Palette 22, St. Anselm, O-ku, La Cosecha, Maman, Blue Bottle, Trader Joe's, and Stellina Pizza, as well as new apartment projects. The property, in shell condition, offers 6060 square feet over two levels, allowing for build-out to specific requirements. Many possible uses are allowed. Tours are available by appointment.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

    Lee's Flowers, She Loves Me NE, She Loves Me Eckington

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0001488
    Latitude
    38.9082509

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    FAQs

    What type of property is this?
    Storefront property - Commercial property in Union Market District, shell condition, many uses.
    Where is this storefront property located?
    The property is located at 1254 4Th St NE Washington, DC.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Prime location in the vibrant Union Market District, known for its food scene, living spaces, and events.; - Fee Simple Commercial Property offering ownership of the land and building.; - 6060 sq ft over 2 levels, providing ample space for various business ventures.
    (571) 228-9228
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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
    1254 4Th St NE Washington, DC 20002
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