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    FOR SALE
    Churches & religious facilities

    831 Varnum St NE, Washington, DC 20017

    18,616 SF Built 1917
    Property ID
    US16-0036779
    Property summary
    AI-generated overview

    An exceptional opportunity, 831 Varnum St NE, Washington, DC is a four-story, 18,616± SF building ideal for student housing, group home, or religious house. It boasts move-in ready condition, having been well maintained and recently renovated. Its extensive amenities include a full commercial kitchen, group dining area with outdoor patio seating, existing chapel, various room layouts, multiple common areas and libraries, elevator service, excess land for parking expansion, backup power generator, and a full sprinkler system. This meticulously maintained property, with recent roof replacement and excess power capacity, presents an unparalleled opportunity for purchasers seeking a prestigious and versatile asset in a prime Washington DC location. 831 Varnum Street NE is nestled in the Brookland neighborhood of northeast Washington, DC. The site is less than 5 minutes from the Catholic University of America, a private university with over 5,000 students. In addition, the area surrounding 831 Varnum Street NE is home to numerous nonprofits and religious entities, such as Ascension Living Carol Manor, Divine Word House, Marist Seminary, Mundo Verde Charter School, Washington Jesuit Academy, Scrilli School, and Providence Health Center. The location at the end of a street provides both privacy and convenience.

    Property profile
    Verified
    Property type Churches & religious facilities
    Year built 1917
    Total area 18,616 SF
    UPID US16-0036779
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Zoning & alternative use
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