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1017 M Street NW, Washington, DC 20001
$1,400,000
1017 M Street NW, Washington, DC 20001View this property at 1017 M Street NW, Washington, DC 20001
1017 M Street NWWashingtonDC20001
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Property Description
The value is potential development. However, the new buyer can be remolding the existing building. 1st level of prior use was a coin-operated laundromat. The upper 2 levels are 2 apartments. FAR. The total permitted Floor Area Ratio ("FAR") is 6.0, up to 2.0 of which can be used for permitted non-residential uses. The total land area of the Property is 1,040 square feet; accordingly, the total permitted Gross Floor Area ("GFA") is 6,240 square feet-up to 2,080 square feet which may be dedicated to non-residential uses. If you are subject to IZ, or if you choose to opt-in to the IZ requirements, you are permitted to have a FAR of 7.2, for a total GFA of 7,488 square feet.
Full Property Details
Full Property Details for 1017 M St NW
General
- Sold For: $1,400,000
- Taxes: $58,146 (2022)
- Status: Closed
- Type: Retail
- MLS ID: DCDC2081156
- Added to Site: 458 day(s) ago
Business
- Business Type: Other/General Retail
Parking
- Parking Type: On Street
Location
- County: Washington
- Driving Directions: I-66 E to take exit toward E Street, continue onto East St. Expressway, continue onto E St NW, turn left onto 18th St NW, turn right onto L St NW, turn left onto 11th St NW, turn right after M ST NW. USE GPS.
- City Limits: Yes
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Year Built: 1900
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.02
- Lot Size (Sq. Ft.): 1,040
- Lot Size Source: Assessor
- Zoning: C2C
Financial Considerations
- Price Per Sq. Ft.: $313.55
- Assessment Year: 2022
- City/TownTax: $58,146
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,183,800
- Tax Amount: $58,146
- Tax Year: 2022
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Lot Number: 58
Listed by Samson Properties, William Wu
Sold by RE/MAX Allegiance, Sonya P Estevez
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Schools
Schools serving 1017 M St NW
School District:District Of Columbia Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1200 L St Nw, Washington, DC 20005 | PK-5 | 0.2 mi | |
1200 Clifton St Nw, Washington, DC 20009 | 6-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1017 M St NW
Date
Details
Price
Change
Source
11/22/2023
Sold
$1,400,000
-6.35%
MLS
9/24/2023
Price Reduced
$1,495,000
-16.94%
MLS
5/22/2023
Price Reduced
$1,800,000
-7.69%
MLS
5/07/2023
Price Reduced
$1,950,000
-9.3%
MLS
3/08/2023
Price Reduced
$2,150,000
-4.44%
MLS
1/25/2023
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1017 M Street NW, Washington, DC 20001 (MLS# DCDC2081156) is a Retail property that was sold at $1,400,000 on November 22, 2023. Want to learn more about 1017 M Street NW? Do you have questions about finding other Retail real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.