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Mixed-Use

441 Chaplin Street SE - User or Development Opportunity

441 Chaplin St SE, Washington, DC 20019

Listing Price: $2,180,000

Cap Rate
1.00%
Number of Suites
1
Gross SF
10,246
Rentable SF
10,246
Price/Gross SF
$212.77
Lot Size
0.51 acres
Year Built
1952

Investment Overview

Marcus & Millichap is pleased to represent the owner of 441 Chaplin Street, SE, 20019, a three-story commercial building currently built out for church use. This MU-3 zoned building with a 1.2 FAR sits on a .51 acre site and has over 12,000 SF of usable space. The newly renovated interior includes the three hundred-seat sanctuary, six bathrooms with some of them being ADA compliant, large conference rooms, several office spaces, two areas built out for daycare use with separate entrances, a large lower level with 12' high ceilings, and a large parking lot. This space could be ideal for a User or Developer seeking to maximize the FAR and the lot size. 441 Chaplin Street is located in the Fort Dupont Park subdivision in a residential community and less than one mile away from the Benning Road metro. This property is also within a few minutes of the revitalization occurring in "Downtown Ward 7" at Minnesota and Benning Road. Redevelopment of this corridor includes the East River Park Shopping center (120,000 SF of retail, 33,000 of office and 280 residential units), development of the St Stephens Apartments (71 new apartment units), and other new projects. Nearby Employers include Pepco's Benning Service Center, DC Department of Employment, and UBER Hub support and service center.

Investment Highlights

  • MU-3 Zoning with a 1.2 FAR
  • Ideal for User or Development Opportunity for retail and up to 22 condos
  • Over 12,000 SF, Three Levels, and a large parking lot on a .51 acre parcel

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s) DC: BR200201612

    District of Columbia

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

Mixed-Use

441 Chaplin Street SE - User or Development Opportunity

Listing Price: $2,180,000

Cap Rate
1.00%
Number of Suites
1
Gross SF
10,246
Rentable SF
10,246
Price/Gross SF
$212.77
Lot Size
0.51 acres
Year Built
1952

Investment Highlights

  • MU-3 Zoning with a 1.2 FAR
  • Ideal for User or Development Opportunity for retail and up to 22 condos
  • Over 12,000 SF, Three Levels, and a large parking lot on a .51 acre parcel

Investment Overview

Marcus & Millichap is pleased to represent the owner of 441 Chaplin Street, SE, 20019, a three-story commercial building currently built out for church use. This MU-3 zoned building with a 1.2 FAR sits on a .51 acre site and has over 12,000 SF of usable space. The newly renovated interior includes the three hundred-seat sanctuary, six bathrooms with some of them being ADA compliant, large conference rooms, several office spaces, two areas built out for daycare use with separate entrances, a large lower level with 12' high ceilings, and a large parking lot. This space could be ideal for a User or Developer seeking to maximize the FAR and the lot size. 441 Chaplin Street is located in the Fort Dupont Park subdivision in a residential community and less than one mile away from the Benning Road metro. This property is also within a few minutes of the revitalization occurring in "Downtown Ward 7" at Minnesota and Benning Road. Redevelopment of this corridor includes the East River Park Shopping center (120,000 SF of retail, 33,000 of office and 280 residential units), development of the St Stephens Apartments (71 new apartment units), and other new projects. Nearby Employers include Pepco's Benning Service Center, DC Department of Employment, and UBER Hub support and service center.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President / District Manager

    (202) 536-3700

    License(s): DC: BR200201612

    District of Columbia

Financing By

  • Jared Cassidy

    First Vice President Capital Markets

    Direct:

    Email Jared

    Washington, D.C., MD

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