For Sale

Listed by Monique Walker from Fleur de Lis, LLC

Source: Bright MLS #DCDC2137188

1501 11th Street Northwest, Washington, DC, 20001

$2,700,000

7
4
4950 sq. ft.
1080 sq. ft.

Townhouse

30+ days on the market

What's around 1501 11th Street Northwest

About this property

Drastic Price REDUCTION - Offers by August 10, 2024!! STATELY LOGAN CIRCLE office building which could easily be reimagined as a 4-Level 4950 SQFT Logan Circle end cap Victorian mansion sitting on 1,080 SQFT, with lots of windows/natural light and road frontage bordering Historic Shaw. Built in 1890 this is available For Sale for the first time in decades. The 11th Street corridor was recently effectively UP-ZONED to encourage mixed-use development, specifically commercial and residential on the 11th Street overlay. The District of Columbia has prioritized this property as mixed-use and is taxing it at $22,121 (2022) per annum. It could remain an office/retail building, be converted back to a single family home, or apartments/condominiums or a mix of those uses. The 2021 Comprehensive Plan Map is enclosed and reflects the new zoning of MU-4 (Mixed-Use) and permits a broad range of commercial, institutional, and multiple dwelling unit residential development. This sun drenched building, with ample windows to provide natural light throughout, also has three main entry points, and was most recently leased as a multi-tenanted office building. However, this mansion, with six decorative fireplaces can easily be converted back to a single family home or multiple units. The open floor plan allows for a modern workplace experience with board room and creative space. The parlor areas can be utilized as flex spaces for seminars, receptions, makers space or collaborative meeting space. The building functions very well as an office and can accommodate the around-the-clock work environment, complete with a full bathroom with stand up shower, and additional powder restrooms, kitchen/breakroom, storage, swing space and private rooms/offices. Proximate to bustling Logan Circle, the site is walking distance to 4 Metro rail stations, various attractions and amenities: libraries, dog parks, skate park, restaurants, entertainment, schools, museums, daycares, hospitals, fire department, colleges, swimming pools, pharmacies, police department and post office, just to name a few.

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