Property Listing No Longer Available for Sale

417 9th St SE, Washington, DC

Others for Sale - $10,500,000 - 10,137 Sq. Ft. on 0.13 acres


Property Info

CIMLS#965940
Location
  417 9th St SE
  Washington DC 20003
UpdatedDecember 29th, 2017
TypeOthers
Price$10,500,000
Building10,137 Sq. Ft.
Land0.13 acres

Property Description

Great opportunity for a Developer to convert this historic 10,000 +/- Capitol Hill church into 22 condos one block away from Barracks Row. It is also an opportunity for mix-use development with lower retail and upper level condos.

This sale includes s three lots (Lots 818, 817, 822). The building is located in the Historic Capitol Hill District but it is not within the period of significance.

All three lots are located in the MU-4 Zone, which allows for a 2.5 FAR or 3.0 FAR with Zoning Relief. Building developments allows for a maximum Height of 50 ft and Penthouses up to 15 ft. Lot Occupancy- 75% with approval.

Location Description:

The property is located 0.2 miles from Eastern Market and less than 3 blocks from Potomac Avenue. Walking distance from the United States Capitol, local retail on Pennsylvania Ave and one block away from Barracks Row. Significant condo and retail development occurring one block away on Pennsylvania Ave. See Offer Memorandum that includes a "Neighborhood Profile"

Highlights:

>> Exterior photos - take from Costar

>> 417 9th Property info -2nd to last attachment

>> Aerial map - See attached

>> Zoning map (3 pages) - see attached

>> Zoning Analysis of 417 9th St SE

>> Condo Conversion Proforma

>> Neighborhood Profile

>> ​​DC Development Report

>> Demographics and Traffic count

>> Comparable Church Sales

>> Condo Comparable Sales


Financials


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