1501 11Th St NW, Washington, DC 20001
For Sale
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This stunning three-story, 6,213 square foot mixed-use building at 1501 11th St NW, Washington, DC 20001, is a rare opportunity. Built in 1890 and renovated in 2010, this Class A property sits on a 1,080 square foot lot and boasts ample natural light from numerous windows and three main entry points. Currently vacant, it offers significant redevelopment potential under the MU-4 zoning designation, allowing for a wide range of commercial, institutional, and residential uses. The property's history as a multi-tenanted office building, combined with its six decorative fireplaces and adaptable floor plan, makes it ideal for conversion to a single-family home, apartments, condominiums, or a mixed-use configuration. Its location in the vibrant Logan Circle neighborhood provides exceptional walkability to four Metro stations and numerous amenities, including restaurants, parks, and cultural attractions. The 2021 Comprehensive Plan Map supports the mixed-use zoning, and the property's 2022 annual tax assessment was $22,121. This is a fee-simple ownership opportunity with a $2,700,000 asking price. The building features a full bathroom with a stand-up shower, additional powder rooms, a kitchen/breakroom, storage, and private offices, making it suitable for various uses. Don't miss this chance to acquire a piece of DC history with immense upside potential.
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Murrell & Associates Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MU-4 · Washington, DCWashington. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.