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Value-Add Redevelopment Opportunity | NoMa DC 1001 N Capitol St NE 10,953 SF Specialty Building Online Auction Sale Washington, DC 20002
Matterport 3D Tour
INVESTMENT HIGHLIGHTS
- Vacant former church building offers abundant opportunity for investors and developers in Washington, DC’s NoMa neighborhood.
- Highly accessible via key transit routes like the Metrorail, and the major roadways US 50 and Interstates 395 and 295.
- Broad D-5 zoning allows for many potential uses of this unique property, permitting new ownership to build-out based on their vision.
- Take advantage of this exceptional corner site with outstanding visibility at the signalized intersection of K Street NE.
- NoMa is an iconic neighborhood that blends old and new construction, all steps from local spots like District Rico, Ted’s Bulletin, and Wunder Garten.
- 1001 N Capitol Street NE benefits from lofty traffic counts of over 23,000 vehicles per day and elevated daily foot traffic.
EXECUTIVE SUMMARY
Rare opportunity to capitalize on a prominent corner in one of DC's fastest-growing and most dynamic neighborhoods.
1001 N Capitol Street NE is an exceptional property in NoMa. This former church offers a distinctive opportunity for visionary investors and developers. The asset encompasses 10,953 square feet across two stories with a basement and an attached townhouse along K Street. The property has been a presence in the vibrant NoMa neighborhood since 1981. Now delivered completely vacant, it serves as a blank canvas awaiting transformation. The first floor has been taken down to the studs, while the second floor remains in clean vanilla shell condition, primed for redevelopment. Inside, the building has incredible ceiling heights and natural light potential. Zoned D-5, the site invites high-density commercial and mixed-use development, with the added potential to activate up to 5,000 square feet of outdoor space with the proper permit.
Positioned at the crossroads of NoMa and Capitol Hill, this property enjoys a highly visible and well-trafficked location. The neighborhood offers seamless connectivity with multiple Metrobus and Metrorail routes, along with quick access to US Route 50, Interstate 395, and Interstate 295, linking NoMa directly to Virginia, Maryland, and the Greater DC region. Residents and workers benefit from abundant neighborhood conveniences, including Harris Teeter, Trader Joe’s, and Safeway, as well as an ever-growing roster of popular dining destinations. NoMa also serves as a major employment hub, home to federal and private offices such as the ATF Headquarters, NPR, CNN, CareFirst, and REI’s flagship store.
Property tours are available by appointment only. Please contact the listing broker to schedule.
1001 N Capitol Street NE is an exceptional property in NoMa. This former church offers a distinctive opportunity for visionary investors and developers. The asset encompasses 10,953 square feet across two stories with a basement and an attached townhouse along K Street. The property has been a presence in the vibrant NoMa neighborhood since 1981. Now delivered completely vacant, it serves as a blank canvas awaiting transformation. The first floor has been taken down to the studs, while the second floor remains in clean vanilla shell condition, primed for redevelopment. Inside, the building has incredible ceiling heights and natural light potential. Zoned D-5, the site invites high-density commercial and mixed-use development, with the added potential to activate up to 5,000 square feet of outdoor space with the proper permit.
Positioned at the crossroads of NoMa and Capitol Hill, this property enjoys a highly visible and well-trafficked location. The neighborhood offers seamless connectivity with multiple Metrobus and Metrorail routes, along with quick access to US Route 50, Interstate 395, and Interstate 295, linking NoMa directly to Virginia, Maryland, and the Greater DC region. Residents and workers benefit from abundant neighborhood conveniences, including Harris Teeter, Trader Joe’s, and Safeway, as well as an ever-growing roster of popular dining destinations. NoMa also serves as a major employment hub, home to federal and private offices such as the ATF Headquarters, NPR, CNN, CareFirst, and REI’s flagship store.
Property tours are available by appointment only. Please contact the listing broker to schedule.
MATTERPORT 3D TOUR
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
DATA ROOM Click Here to Access
- Offering Memorandum
- Property Information
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Register to Bid Instructions
PROPERTY FACTS
| Sale Type | Investment | Building Size | 10,953 SF |
| Sale Condition | Auction Sale | No. Stories | 3 |
| Type of Ownership | Fee Simple | Year Built | 1981 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Religious Facility | Cross Streets | K St |
| Building Class | C | Parcel Number | 0674-0441 |
| Lot Size | 0.10 AC | ||
| Zoning | D-5 - D-5 zoning is a downtown zone in Washington, DC that promotes high-density development of commercial and mixed uses. | ||
| Sale Type | Investment |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 10,953 SF |
| No. Stories | 3 |
| Year Built | 1981 |
| Tenancy | Single |
| Cross Streets | K St |
| Zoning | D-5 - D-5 zoning is a downtown zone in Washington, DC that promotes high-density development of commercial and mixed uses. |
| Parcel Number | 0674-0441 |
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Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (91)
Bike Score®
Biker's Paradise (98)
SALE ADVISORS
SALE ADVISORS
Michael Goldman, Executive Vice President
Michael began his commercial real estate career over 20 years ago.
In 2010, after numerous years within the commercial real estate industry, his irrepressible entrepreneurial spirit inspired him to establish MGA. Through the founding of MGA, Michael reaffirmed his strong commitment to providing clients with the highest level of personalized attention and true business consulting services. Michael brings with him a proven track record of excellence and success, as well as a very well-earned reputation for professionalism, integrity, service, and commitment to his clients’ needs. Michael’s client list and testimonials attest to his outstanding professional and personal attributes.
Prior to creating MGA, Michael worked as a director in Newmark Knight Frank’s Washington, DC office where he represented tenants across the United States. He also spent the first several years of his career as an associate vice president at The Ezra Company in Washington, DC. While at Ezra, Michael helped to redesign the company’s Proposal of Services and assisted in the implementation of a new training and mentoring program.
Michael’s notable clients include: Share Our Strength-No Kid Hungry, Paralyzed Veterans of America (PVA), Environmental Defense Fund (EDF), Technomics, KIPP DC, Carnegie Institution for Science, Securities Industry and Financial Markets Association (SIFMA), and a handful of other outstanding nonprofits and organizations relationships.
In 2010, after numerous years within the commercial real estate industry, his irrepressible entrepreneurial spirit inspired him to establish MGA. Through the founding of MGA, Michael reaffirmed his strong commitment to providing clients with the highest level of personalized attention and true business consulting services. Michael brings with him a proven track record of excellence and success, as well as a very well-earned reputation for professionalism, integrity, service, and commitment to his clients’ needs. Michael’s client list and testimonials attest to his outstanding professional and personal attributes.
Prior to creating MGA, Michael worked as a director in Newmark Knight Frank’s Washington, DC office where he represented tenants across the United States. He also spent the first several years of his career as an associate vice president at The Ezra Company in Washington, DC. While at Ezra, Michael helped to redesign the company’s Proposal of Services and assisted in the implementation of a new training and mentoring program.
Michael’s notable clients include: Share Our Strength-No Kid Hungry, Paralyzed Veterans of America (PVA), Environmental Defense Fund (EDF), Technomics, KIPP DC, Carnegie Institution for Science, Securities Industry and Financial Markets Association (SIFMA), and a handful of other outstanding nonprofits and organizations relationships.
Evins Roddy, Brokerage Coordinator
As a Brokerage Coordinator for the Tenant Advisory Team at Transwestern, I manage the logistical and administrative aspects of client engagements, ensuring seamless communication and execution throughout the leasing process. My role involves coordinating property tours and supporting the team in delivering tailored real estate solutions to meet our clients' needs.
ABOUT THE AUCTION TECHNOLOGY
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AUCTION CONTACT
Cheri Mascitelli
Contact
Auctioneer License:
Ten-X Arlene Richardson RE Brkr BR40000233
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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Value-Add Redevelopment Opportunity | NoMa DC | 1001 N Capitol St NE
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Value-Add Redevelopment Opportunity | NoMa DC | 1001 N Capitol St NE
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