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1501 11th St NW
Washington, DC 20001
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Logan Circle Manse converted to office with three entrances, open floor plan, sprinklered, recessed lights, replacement windows, new roof, renovated
  • 1 Block from Logan Circle walk to 4 Metro Rail locations, dog and recreational parks, amenities, museums, hospitals, universities, food/entertainment

EXECUTIVE SUMMARY

STATELY LOGAN CIRCLE Office Building/Residence (6,213 SQFT per Public Record) which could easily be reimagined. The space includes 3-Levels with loft area comprised of 4950 SQFT above grade and additional 1,263 SQFT English basement.
The End Cap Victorian mansion in Historic Shaw fronts 11th Street on a corner lot and has incredible curb appeal, with character elements in the millwork and masonry, wrought iron exterior entrance stairway, fenced yard, replacement windows, and is fully sprinklered, with three distinct entrance areas, as well as life safety egress.
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.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Office
Building Size
6,213 SF
Building Class
B
Year Built
1890
Price
$3,010,678 CAD
Price Per SF
$484.58 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,650 SF
Slab To Slab
10’
Building FAR
5.71
Lot Size
0.03 AC
Zoning
MU-4 - The 11th Street corridor was recently effectively UP-ZONED to encourage mixed-use development, specifically commercial and residential. See Comp. Plan

AMENITIES

  • 24 Hour Access
  • Natural Light

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0337-0017
Land Assessment
$593,172 CAD
Improvements Assessment
$1,047,561 CAD
Total Assessment
$1,640,733 CAD
  • Listing ID: 32543503

  • Date on Market: 2024-07-22

  • Last Updated:

  • Address: 1501 11th St NW, Washington, DC 20001

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