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52 O Street NW #113, Washington, DC 20001
$1,375
52 O Street NW #113, Washington, DC 20001View this property at 52 O Street NW #113, Washington, DC 20001
52 O Street NW #113WashingtonDC20001
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Property Description
Garage space with heating and air conditioning all utilities are included with 24 hour access. Running a business out of a 24-hour garage space can offer several benefits, depending on the nature of the business and its target audience. Here are some advantages: Extended Operating Hours: Access to a 24-hour garage space allows your business to operate around the clock, catering to customers with different schedules and time zones. Increased flexibility in serving customers, including night owls, shift workers, or individuals in different geographical locations. Reduced Overhead Costs: Garage spaces may be more cost-effective compared to traditional office or retail spaces, helping to keep overhead costs low. Energy costs may be reduced during non-peak hours, contributing to overall cost savings. Adaptability for Various Business Models: Suitable for businesses that involve vehicle maintenance, repair, or services that can be provided in a garage setting. Ideal for startups or businesses with limited resources looking for a versatile and affordable space. Opportunity for Niche Markets: Attract customers who prefer or require services during unconventional hours, such as emergency vehicle repairs, overnight car detailing, or other specialized services. Enables real-time response to customer inquiries and orders, potentially improving customer satisfaction. Convenience for Customers: Convenient for customers who need immediate assistance or services at any time of the day or night. Can attract customers who value flexibility and convenience in service delivery. Community Engagement: The 24-hour availability may lead to increased community engagement as the business becomes a go-to destination for various needs. Can foster a sense of community and loyalty among customers who appreciate the accessibility. Increased Productivity: Around-the-clock operations can lead to increased productivity by optimizing resource utilization. Employees working in shifts can help maintain a continuous workflow, ensuring that tasks are accomplished efficiently. Differentiation in the Market: Having a 24-hour garage space can set your business apart from competitors that operate on standard business hours. ---------- 52 O Street Studios is a privately owned building that offers studio spaces to professional artists and creative businesses. At 35,000 square feet, the building is the largest of its kind in Washington, D.C. It has 4 floors of studio space and currently leases spaces to 50+ artists and business owners. ----------- The four-story warehouse at 52 O Street NW in Washington, DC was built by the Sanitary Grocery Company 1914 in what was then a remote, industrial part of town. It was designed by architect Clement Didden, who had previously assisted Richard Morris Hunt in the design of landmarks including the Metropolitan Museum of Art. Over the years, the building has housed a meat-packing company, a plumbing company, a Hecht's furniture factory, and Decca Records. Click here to read more about the history of the building. 52 O Street was converted into artist studios in 1978 by Eric Rudd, who felt there was a shortage of affordable space for Washington-based artists. It was simple to convert the warehouse into art studios because of its open floor plan, ample windows, and high ceilings.
Full Property Details
Full Property Details for 52 O St NW #113
General
- Sold For: $1,375
- Status: Closed
- Type: Commercial Lease
- MLS ID: DCDC2126954
- Added to Site: 86 day(s) ago
Business
- Business Type: Other, Truck Maintenance Facility, Theater, Auto Rela
Rental Information
- Lease/Rent Term: Month To Month
Rooms
Bathrooms
- Restrooms: 1
Parking
- Total Spaces: 4
- Parking Type: Private Garage
Location
- County: Washington
- Development Name: Noma
- Subdivision: Noma
- Driving Directions: 1s Street NW to O Street NW
- City Limits: Yes
Heating & Cooling
- Cooling Type: Wall Unit
- Heating Type: Wall Unit
- Heating Fuel: Electric
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Drive-In Doors: 1
- # Loading Docks: 1
- Stories/Levels: 0
- Current Bldg. Use: Vacant
- Year Built: 1914
- Year Built Source: Assessor
- Property Condition: Good
Lot Features
- Zoning: MU-4
Financial Considerations
- Price Per Sq. Ft.: $2.39
- Terms: Standard Sale
Disclosures and Reports
- Buyer’s Brokerage Compensation: 20%
- Ownership: Other
Listed and Sold by DC Real Property,LLC, Kenn B Blagburn
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Schools
Schools serving 52 O St NW #113
School District:District Of Columbia Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1125 New Jersey Ave Nw, Washington, DC 20001 | PK-8 | 0.3 mi | |
101 N St Nw, Washington, DC 20001 | 9-12 | 0.1 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 52 O St NW #113
Date
Details
Price
Change
Source
3/01/2024
Sold
$1,375
—
MLS
2/23/2024
Price Reduced
$1,375
-14.06%
MLS
2/10/2024
Listed
$1,600
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
52 O Street NW #113, Washington, DC 20001 (MLS# DCDC2126954) is a Commercial Lease property that was sold at $1,375 on March 01, 2024. Want to learn more about 52 O Street NW #113? Do you have questions about finding other Commercial Lease real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.