Home | Newsletter | Advertise
loading...

Investor Opportunity: Live/Work Space in Truxton Circle

  • January 15th 2013

by Shilpi Paul

✉️ Want to forward this article? Click here.

Investor Opportunity: Live/Work Space in Truxton Circle: Figure 1
1310 North Capitol Street NW

With NoMa to the east and Bloomingdale to the north, Truxton Circle seems to be a natural choice for development. However, the main retail corridor, North Capitol Street, has been slow to grow.

If North Capitol does blossom one day, this property, which sits right on the main drag, may be a good investment.

The currently vacant property has two 2-bedroom units on the upper floor and a 2,000-square-foot retail space on the street level. A basement offers more space, and the owner tells UrbanTurf that the upper level could be transformed into one four-bedroom apartment.

Once the former tenants moved out several years ago, the seller gutted the space and has been considering redeveloping it. A former owner on the H Street Corridor, he is watching North Capitol Street for the sorts of catalytic developments that prompted the renaissance in the now-hip NE corridor.

More details below.

See other articles related to: dclofts, investment properties, truxton circle

This article originally published at https://dc.urbanturf.com/articles/blog/investor_opportunity_live_work_space_in_truxton_circle/6519.

DC Real Estate Guides

Short guides to navigating the DC-area real estate market

We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!

First-Timer Primers

Intro guides for first-time home buyers

Red Flags Revealed During a Home Inspection Top 5 Tax Breaks For Homeowners Tax Relief for DC Homeowners
Condo Fee Tutorial What is a Rent Back? 10 Ways To Tell If a Home Renovation is Well Done
Obtaining a Basic Business License For Your Rental What is an Adjustable Rate Mortgage? The Splitting the Rent Formula
How Much Cash Do You Need to Buy a House? Is This Condo Building Financially Healthy? Interest Rates and Mortgage Points
The Scoop on Mortgage Insurance

Unique Spaces

Awesome and unusual real estate from across the DC Metro

The Most Intriguing Loft in DC The R Street Firehouse DC’s One-Room House
Dupont Circle’s Old Frat House To Become Alley Home Best Transition From a Garage To a Home The Roundhouse
Tilden Gardens Restaurant-Turned-Home Hits Market Next Week Logan Circle’s Most Intriguing Garage Frank Lloyd Wright Goes Green in Kensington
Sears Bungalow Gets a Modern Makeover Old Town General Store Becomes Three-Level Home Making the Most of a Skinny House
A Studio 27 Renovation on Capitol Hill Once a Carriage House, Now a Home The Bank that Became a Home
From Pie to Hooch to Heroin to Home The Live-Aboards of Gangplank Marina A Treehouse with Rock Creek Park As A Backyard
Modern Tranquility in Sperryville Saddle Up For Stable Living Throwing a Curve at 550 Square Feet
A Modern Hilltop Retreat Tilden Street Restaurant Becomes Spacious Home Focus on Design: A Vastu Unit at 22 West
The DC Area’s First Net Zero Home A Yankee Goes Green DC’s First Carbon Neutral Home
Eco-Friendly Alley House Off H Street The Gym, The Stables and The Firehouse