Property Listing No Longer Available for Sale

1530 First St. SW, Washington, DC

Office for Sale - 11,844 Sq. Ft. on 0.3 acres


Property Info

CIMLS#874998
Location
  1530 First St. SW
  Washington DC 20024
UpdatedJanuary 27th, 2017
TypeOffice
PriceUndisclosed
Building11,844 Sq. Ft.
Land0.3 acres

Property Description

SVN - K&M Commercial Real Estate, as the exclusive agent to happy to present this UNIQUE flex space at the Navy Yard for SALE! Located just minutes from Nationals Stadium and walking distance to the Navy Yard Metro stop. 2 Story Office/Flex space formerly used as a Private School. The footprint of 5,922 SF. Prime for an end user or possible redevelopment.

Location Description:

Located adjacent from the Navy Yard AND just minutes from Nationals Stadium and walking distance to the Navy Yard Metro

Zoning:Permits matter-of-right residential, commercial, recreational and light industrial development to a maximum lot occupancy of 75% for residential use, 20% for public recreation and community center use (up to 40% with Board of Zoning Adjustment approval), and 100% for all other structures, a maximum FAR of 6.0 for all buildings and structures, of which not more than three (3.0) may be used for other than residential purposes, a maximum height of ninety (90) feet for all buildings and structures and forty-five (45) feet for public recreation and community centers. An area equivalent to 10% of the total lot area shall be required at ground level for all new development, and rear yards shall be provided for each residential building or structure.

Highlights:

>> Unique Flex Space near Navy Yard

>> Possible Redevelopment

>> Rezoned to CG-4 w/ up to 8.2 FAR (w/ inclusionary units)

>> Minutes from Nationals Stadium and Navy Yard Metro

>> 2 Story Office/Flex Building

>> Formerly a private school

>> .30 Acres

* Email for additional photos

** This property also has spaces available for lease.


Financials

Cash at closing

Sales Info:

>> Commision split: 3.0%


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