What's Hot: 702,000: DC Sees Population Rise Again In 2024
Investor Opportunity: Live/Work Space in Truxton Circle
✉️ Want to forward this article? Click here.
1310 North Capitol Street NW
With NoMa to the east and Bloomingdale to the north, Truxton Circle seems to be a natural choice for development. However, the main retail corridor, North Capitol Street, has been slow to grow.
If North Capitol does blossom one day, this property, which sits right on the main drag, may be a good investment.
The currently vacant property has two 2-bedroom units on the upper floor and a 2,000-square-foot retail space on the street level. A basement offers more space, and the owner tells UrbanTurf that the upper level could be transformed into one four-bedroom apartment.
Once the former tenants moved out several years ago, the seller gutted the space and has been considering redeveloping it. A former owner on the H Street Corridor, he is watching North Capitol Street for the sorts of catalytic developments that prompted the renaissance in the now-hip NE corridor.
More details below.
- Address: 1310 North Capitol Street NW (map)
- Price: $1,200,000
- Bedrooms: Four
- Bathrooms: Five
- Year Built: 1920
- Listing Agent: Sanjay Khanna, Investar
See other articles related to: dclofts, investment properties, truxton circle
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/investor_opportunity_live_work_space_in_truxton_circle/6519.
Most Popular... This Week • Last 30 Days • Ever
If the home ultimately sells for around that list price, it would set a record as the... read »
When purchasing a home, it's crucial to conduct a thorough inspection to determine th... read »
The federal government could be shut down by the end of today, and that shutdown coul... read »
The multi-faceted project will include restaurant, bar, fitness and event spaces.... read »
The 16,250 square-foot home along Foxhall Road NW owned by Fox News anchor Bret Baier... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro