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    831 Varnum St Washington, DC 20017

    Sponsored
    For Sale
    $5,400,000

    18,616 SF, Move-In Ready, Excellent Location

    Property size:
    18,616 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional four-story building, located at 831 Varnum Street NE in Washington, DC's Brookland neighborhood, offers 18,616 square feet of versatile space. Currently configured for use as student housing, a group home, or religious purposes, the property is in excellent, move-in ready condition following recent renovations. Features include a full commercial kitchen with ample walk-in refrigerator/freezer space, a group dining area with outdoor patio seating, and a dedicated chapel. The building boasts various room layouts, including suites, private rooms, and shared rooms, along with multiple common areas and libraries. An elevator services all four floors. Additional amenities include a backup power generator, excess power capacity, a recently replaced roof, and a full sprinkler system. The property also benefits from excess land, allowing for potential parking expansion. Its location at the end of a quiet street offers both privacy and convenience, while its proximity to Catholic University of America (less than five minutes away) and numerous nonprofits and religious organizations (including Ascension Living Carol Manor, Divine Word House, and Marist Seminary) provides a strong strategic advantage. The asking price is $5,400,000, representing a price per square foot of $290.07. Built in 1917, this meticulously maintained property presents a unique opportunity for a discerning buyer seeking a prestigious and adaptable asset in a prime Washington, DC location.

    Property Features for 831 Varnum St

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    18,616 SF

    Building Details

    Year Built
    1917
    Buildings
    1
    Stories
    4

    HighLights

    • 18,616 SF, four‑story building.
    • Suitable for student housing, group home, or religious use.
    • Excellent move‑in condition; recently renovated.
    • Features a full commercial kitchen with walk‑in refrigeration.
    • Includes a group dining area with outdoor patio.
    • Contains a dedicated chapel.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Map

    City
    Washington
    County
    District Of Columbia
    State
    District of Columbia
    Longitude
    -76.9937367
    Latitude
    38.9416435

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    FAQs

    What type of property is this?
    Church & religious facility - 18,616 SF, Move-In Ready, Excellent Location
    Where is this church & religious facility located?
    The property is located at 831 Varnum St Washington, DC.
    What is the asking price?
    The asking price for this property is $5,400,000.
    What are key features of this property?
    This property features: 18,616 SF, four-story building.; Suitable for student housing, group home, or religious use.; Excellent move-in condition; recently renovated.
    Request Owner's contact information
    831 Varnum St Washington, DC 20017
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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
    831 Varnum St Washington, DC 20017
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