Details

Property Description

1010 Pennsylvania Avenue SE presents a rare opportunity to acquire a mixed-use, repositioning asset in the heart of Capitol Hill, one of Washington, D.C.’s most established and sought-after submarkets. Ideally situated along Pennsylvania Avenue SE, the property benefits from exceptional visibility, walkability, and proximity to major civic, retail, and transit-oriented amenities, creating a highly attractive setting for a wide range of commercial users. The property consists of approximately 2, 253 square feet across a classic three-level Capitol Hill row-building format, offering a highly functional layout that can be tailored to a variety of commercial uses. Zoned MU-4 / CHC, the building allows for a broad range of commercial applications including boutique office, professional services, creative workspace, consulting or advisory firms, wellness-oriented uses, and hybrid work environments. Delivered as-is, the property presents a compelling value-add opportunity for investors or owner-users seeking to design and customize a space aligned with their operational or branding needs. The existing structure provides strong fundamentals for repositioning, including an installed fire safety sprinkler system and an upgraded main water supply line, supporting future buildout and modern use requirements. In addition to interior renovation potential, the property offers the opportunity to reconfigure and optimize the existing layout, with the potential for expansion or enhancement subject to zoning and historic review. The MU-4 zoning framework further enhances the investment profile by allowing flexibility in use and long-term adaptability, making the asset suitable for both immediate occupancy strategies and future repositioning. Surrounded by a vibrant mix of residential, retail, and institutional uses, the location naturally supports commercial activity, client-facing businesses, and professional environments. The neighborhood’s strong foot traffic, accessibility, and established character enhance the usability of the asset, while the presence of commercial users further complements and reinforces the surrounding mixed-use fabric. This is a unique opportunity to acquire a well-located Capitol Hill asset with strong underlying fundamentals, flexible zoning, and significant upside through renovation and strategic repositioning.