loading...

New Lofts Planned for Capitol Hill Warehouse

by UrbanTurf Staff

New Lofts Planned for Capitol Hill Warehouse: Figure 1
1237-1239 Rear C Street SE

Shortly before Thanksgiving, UrbanTurf reported on a red brick warehouse on Capitol Hill (map) that had been listed for sale and figured to be an interesting opportunity for the eventual buyer. UrbanTurf has learned that the sale of the property closed last week for $480,000, and that the new owner plans to build either 1-2 large lofts in the space.

More from listing agent Joel Nelson on the chronology of the sale:

When the property was listed, there was much outside speculation about the potential complexities of a future conversion, much of it based on incomplete information. Multiple offers were received, and a contract was ratified well above the list price of $450,000. The first contract buyer recognized after the fact that the historic district location would require a sensitive scale and thoughtful design for adaptive reuse, and determined he was not prepared to take on the project. The property was re-listed in January for $499,000, and after some discussion the sellers signed a contract with one of the original runner-up buyers – a developer who has already held preliminary discussions with DC historic preservation officials, utility companies, and other key parties .

The red brick warehouse was built in the 1890s and is located at 1237-1239 Rear C Street SE, in an alley recently dubbed Adolph Cluss Court. Aside from a solid-brick partition wall and a few loft storage spaces, the interior is largely empty. A previous owner used it to store classic cars and furniture.

The property is zoned R-4, which means that the site can be used for single-family residential uses (including detached, semi-detached, row dwellings, and flats) or projects up to six units, depending on the lot size.** Currently the building occupies 1,770 square feet of the 4,350-square foot lot.

**For additional details on R-4 zoning, click here.

See other articles related to: lofts, dclofts, capitol hill

This article originally published at http://dc.urbanturf.com/articles/blog/new_lofts_planned_for_capitol_hill_warehouse/6672

4 Comments

  1. ghetto afficionado said at 6:25 pm on Sunday February 24, 2013:
    Hope it's not another "ready, fire, aim" undertaking. This isn't anything resembling simple. Sure would be nice to see & hear people living and laughing in these old buildings. Lights on?? Let's hope so; and plenty. Long overdue.
  1. Susan V. Kelley said at 4:13 am on Thursday February 28, 2013:
    I hear there is a historic importance that this place has that is why a lot of people area after this. www.columbusdowntowncondos.blogspot.com
  1. Eleanor B. Severns said at 8:43 am on Thursday March 21, 2013:
    I think there are so many things that this building can be converted. It could be loft or a business maybe. This old building can use some lights. It has a huge space and in the city too.
  1. Debra Booth said at 3:38 pm on Sunday April 20, 2014:
    What is happening with this building? Last time I was there....nothing?

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. Visit guides.urbanturf.com or start browsing below!