500 IRVING STREET, Washington, DC 20010

$1,275,000 Asking Price

2 beds
3 baths
3,184  sqft
Built in 1914

We couldn't be more thrilled to present an unparalleled opportunity in the form of 500 Irving Street NW! Featuring 2388 sq. ft. of prime real estate, this gem is situated within walking distance to DC's top-notch dining, nightlife, and shopping areas, as well as the Columbia Heights and Petworth metro stations. The property is zoned for mixed usage, boasting 3 levels that have been tastefully modernized with open spans, expansive ceiling heights, and a full bathroom on each floor. As you step onto the main level, a Market will greet you, complete with a coffee bar and a mouth-watering lunch menu, all basking in natural sunshine from the south-facing windows and street-level entry door. The all-brick exterior rests on a corner lot that blends in with the neighborhood while remaining highly visible to the 10k+ commuters who pass by each day. The second level is currently a 2 Bedroom 1 Bath Rental unit with the added convenience of a washer and dryer in situ, alongside a separate rear entry door. This presents an excellent opportunity for a savvy owner-occupier who wishes to acquire a well-maintained property to run their business or an investor looking to add an incredible value asset with tremendous upside to their portfolio. The basement level is where the neighborhood comes together for social gatherings like Mic Night, Poetry, and Jam Night, making it the go-to venue for entertainment. The property falls under the RF-1 zoning classification, permitting the operation of up to two separate units, adding even more appeal to this unique opportunity. With its proximity to the Old Soldiers Home, McMillan Reservoir, Howard University, and Georgia Avenue, this property is perfectly positioned to benefit from ongoing and upcoming developments in the area, making it an investment opportunity that is simply too exciting to miss!


Features & Amenities

Interior

Basement:
Fully Finished
A/C:
Central A/C
Heating:
Y, Forced Air, Natural Gas
Disability Feature:
None

Exterior

General:
Above Grade,Below Grade
Style:
Other

Construction

General:
Brick, 3, Brick/Mortar

Location

Originating MLS:
BRIGHT_MAIN
School District:
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
County:
WASHINGTON

Lot

Zoning:
RF-1, 3051//0119
Current Use:
0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
RE/MAX 100, Takeya White

About Washington, DC

Housing

Number of Units
355,879
Median Home Value
$676,049
Median Rent
$1,533

59.41% of housing units are renter occupied.

10.61% are vacant.

Commute

Car
26.04%
Public Transportation
22.45%
Walk to Work
9.05%
Work from Home
38.64%
Other
0.89%

The median travel time to work is 21 minutes.

People

Population
676,761
Median Age
35.60
Median Household Size
2.29

Education

High School
15.71%
Associate’s Degree
2.77%
Bachelor’s Degree
26.24%
Graduate Degree
36.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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