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500 Irving St Washington, DC 20010

OFF-MARKET Retail properties & Spaces Google Maps
1,500 SF Built 1914
Estimated value
No estimation on file for this property yet.
Property ID US16-0136493

Property summary

AI-generated overview

This exceptional 1,500 square foot retail space, located at 500 Irving St NW in Washington, DC, presents a unique investment opportunity. The property, built in 1914, is zoned RF-1 and sits on a 0.02-acre lot (APN 3051//0119, Washington County). Currently configured as a single-tenant supermarket/grocery store, the entire space is vacant and ready for immediate occupancy. The building's convenient location in the vibrant Washington, DC, neighborhood offers excellent visibility and accessibility. The property benefits from its proximity to major transportation hubs, including the Columbia Heights and Petworth metro stations, ensuring high foot traffic and convenient access for customers and employees. While the marketing materials mention additional square footage and a multi-level structure, the provided property information only reflects the 1,500 square foot retail space. This presents a chance to establish a thriving business in a densely populated area with strong growth potential. The property's location near ongoing and planned developments, including the Old Soldiers Home, McMillan Reservoir, Howard University, and Georgia Avenue, further enhances its long-term investment value. This single-tenant retail space is ideal for a variety of uses within the RF-1 zoning parameters. The property's address is 500 Irving St NW, Washington, DC 20010.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1914
Total area 1,500 SF
UPID US16-0136493

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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