Sold
CLOSED
Private Address
$3,000,000
$167.44 per sqft
Sold
CLOSED
17,917 sqft
Commercial
Built in 1953
A distinct and exceptionally rare redevelopment opportunity in the heart of 16th Street Heights, this prominent half-acre property offers unparalleled potential. Zoned R-1B with a proposed 2025 assessed value of $3,785,870, this corner site invites a visionary transformation, whether through restoration or new development. The existing structure is rich in architectural details, including inlaid terrazzo flooring, a 1952 etched cornerstone, soaring ceilings in the sanctuary, brass railings, a bell tower, ornate ironwork, and oversized mahogany wood doors. Stained glass windows add historic character, making this a truly special opportunity.
Potential redevelopment plans for the property are diverse and have included, restoration of the existing structure, creation of 16 three bedroom multi-family townhomes in a two-over-two configuration, construction of single-family attached townhomes, conversion of the building into condominiums, and the development of detached single-family homes. The property also features 20+ tandem parking spaces at the rear with possible opportunity for more, approximately 70 solar panels on the roof, and expansive verdant views of Brookland and Petworth.
Located less than a mile from the Petworth Metro station, the property provides easy access to key commuting routes, including 16th Street, Piney Branch Parkway, Beach Drive, and Military Road. Public transportation options abound with the D32, S2, W45, and S9 bus lines just a block away. Nearby amenities include Rock Creek Park's trails, golf course, and tennis courts, as well as convenient shopping at Safeway, Giant, Target, and Wal-Mart. This is a distinct and exceptionally rare opportunity to bring new life to a storied and prominent site in one of D.C.'s most desirable neighborhoods.
DCDC2158996
MLSⓇ ID
September 13, 2024
Listed
January 16, 2025
Updated
Map
Private Address
Interior Features
Total Stories
3
Interior Features
Carpet, Ceramic Tile, Hardwood, Laminate, Terrazzo, Vinyl, Wood
Floor Description
Carpet, Ceramic Tile, Hardwood, Laminate, Terrazzo, Vinyl, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Window Unit(s)
Heating
Yes
Heating Description
Baseboard, Natural Gas
Exterior/Building Features
Lot Size
0.47 Acres
Lot Features
Corner Lot
Roof
Asphalt
Sewer
Public Sewer
Other Property Details
Days on Market
31
Garage
No
Parking
On Street
Parking Total
20
View
Yes
View Description
Street
County
WASHINGTON
Water Source
Public
Pool
No
Zoning
Protect quiet residential areas now developed with detached dwellings and adjoining vacant areas
Listed by Compass
Listing Contact: 2024489002
The IDX display contains information sourced from the Bright MLS, Inc. as of 1/16/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 1/16/2025 at 6:53 AM UTC