Tremendous Investment Opportunity with an assumable VA Mortgage

Description:

ONE Street Commercial Properties is proud to present a rare chance to own a truly unique asset at Irving Street NW.

This prime property offers an incredible investment opportunity just steps away from D.C.’s best dining, nightlife, and shopping. Adding to its appeal, both the Columbia Heights and Petworth Metro stations are within easy walking distance.

The main level, currently occupied by a popular market, creates an incredible attraction. The all-brick corner lot exterior blends seamlessly with the neighborhood and attracts high visibility from thousands of daily commuters. The Retail space can be delivered vacant, making it an ideal opportunity for an owner-user to customize and occupy immediately.

The second level serves as a two-bedroom, one-bath rental unit, with amenities like an in-unit washer and dryer and a private rear entry. This space is ideal for an owner-occupier or an investor seeking additional income potential and a well-maintained asset with room for further value growth. The lower level has become a beloved neighborhood venue, hosting social gatherings like open mic nights, poetry readings, and jam sessions.

This property has an assumable VA Loan. Don’t miss this outstanding investment opportunity—contact us today!

500 Irving St NW is located in the Petworth neighborhood of Washington, D.C., a vibrant community and mix of residential and commercial properties. This prime location sits conveniently near Georgia Avenue, a major commercial corridor that connects to downtown D.C., offering easy access to public transit, including multiple bus lines and the nearby Georgia Avenue-Petworth Metro station. To add to its appeal, the Columbia Heights and Petworth metro stations are also within walking distance.

The area surrounding 500 Irving St NW has seen significant growth in recent years, with new residential developments, trendy cafes, boutique shops, and popular local restaurants adding to the neighborhood's appeal. Its proximity to Howard University and nearby medical centers provides a steady flow of foot traffic and a growing demand for services, retail, and dining options. With a blend of historic charm and modern amenities, 500 Irving St NW represents an attractive investment opportunity in a flourishing area of the nation’s capital.