North Capitol Street Commercial
For Sale
Contact for pricing
1631 North Capitol Street Northeast, Washington, DC 20002
Four-level commercial property requiring renovation near Reservoir District development.
Property Size3,147 SF
Price / SF$142.68
Days on Market76
Property Features for 1631 North Capitol Street Northeast
General Information
Standard status
Active
Size
3,147 SF
Property subtype
Retail
Zoning
MU-4
Building Details
Year Built
1900
Listing Agency:
Feldman Ruel
Listed By:
Adam Costanzo · License #DC 200201410
Source:
Crexi
Added: May 26
Changed: Aug 8
Last Checked: May 27 at 8:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Feldman Ruel
Investment Insights
Based on property information with market context.
The property at 1631 North Capitol Street NE is a four-level commercial building. It was most recently configured as ground-level retail space with multifamily units on the upper floors. The property will be delivered vacant and requires a full gut renovation, offering the purchaser the opportunity to reconfigure the asset. The surrounding area is experiencing development activity, including the transformation of the former McMillan Reservoir into the Reservoir District. This 25-acre project is planned to include approximately 600 residential units, one million square feet of healthcare space, and more than 75,000 square feet of retail space along the North Capitol Street corridor. The property offers significant upside for an investor or owner-user willing to perform the renovation. Nearby recent sales of operating properties can exceed $400 per square foot.
Key Highlights
- Delivered vacant, allowing for complete reconfiguration.
- Significant upside potential through renovation.
- Located in an area with substantial development activity, including the Reservoir District.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,850
Businesses Nearby
162k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Dining 33%
Hotels & Casinos 33%
McDonald's
Dining
36,538 visits/mo
0.3 miles
Mobil
Shops & Services
26,177 visits/mo
0.2 miles
The Morrow Washington Dc, Curio Collection By Hilton
Hotels & Casinos
25,013 visits/mo
0.5 miles
Courtyard Washington, Dc/U.S. Capitol
Hotels & Casinos
19,090 visits/mo
0.4 miles
Marathon
Shops & Services
11,525 visits/mo
0.5 miles
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Market
Vacancy Rate% for Retail in Washington, DC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Four-level commercial property requiring renovation near Reservoir District development.
Where is this retail space located?
The property is located at 1631 North Capitol Street Northeast Washington, DC.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Delivered vacant, allowing for complete reconfiguration.; Significant upside potential through renovation.; Located in an area with substantial development activity, including the Reservoir District.
