810 Potomac Ave SE

Location:
Prime historic corner located on Capitol Hill directly across from main gate of the Washington Navy Yard at the intersection of M Street, Potomac Ave & 8th Street/Barracks Row. This site is in the heart of the Capitol Hill office area & the M street corridor, Dept of Transportation Headquarters and Washington
Nationals new stadium. Four blocks to Eastern Market metro at Pennsylvania Ave. 15 minutes to Reagan National Airport, 5 Minutes Union Station.

Capitol Hill Historic District:
Site located within Capitol Hill Historic District and National Register of Historic Places. Located in the Enterprise Zone and the Eight Street Overlay.

Lease Price/Sale Price: To Be Determined

Legal Description: Square 0930
Lots 10, 14, 17, 800, 801, 804, 816, 817, 823, 828

Land Area: 22,839 Square Feet

Property Detail: Square: 0930
Land Area: Taxable Assessment: 2007

Lot: 0010 2,274 $ 502,550
Lot: 0014 964 $ 213,040
Lot: 0017 8,598 $3,282,680
Lot: 0800 1,991 $ 440,010
Lot: 0801 1,245 $ 275,150
Lot: 0804 20 $ 4,400
Lot: 0816 630 $ 139,230
Lot: 0817 630 $ 139,230
Lot: 0823 6,396 $1,527,160
Lot: 0828 91 $ 20,020

TOTAL 22,839 SF $6,543,470

Square Footage: Approximately 68,000 GBA can be built above grade +
44,000 SF of two level below grade parking garage for development if existing buildings are razed.
810 Potomac Ave. is an existing corner property with 35,000 GBA 816 Potomac Ave. is a 16 Unit Multi-Family with 12,000 GBA. Historic Preservation Review Board determined the building to be contributing to the Historic District. Can file for hearing before the Mayors Agent as a project of special merit or economic hardship to possibly obtain a raze permit

Year Built: 810 Potomac- major portion (1968) Not contributing to Historic District
816 Potomac- (1928) Deemed Contributing
Zoning:
ES/C-3A Zoning & Eight Street (ES) Overlay District which requires 50% of GBA of ground level of new building must be retail or service use. No more than 20% may be banks or travel agencies. Mixed-use zone allows residential or office as matter of right.
Height: 45 Foot
FAR: 3.0
Lot Occupancy: None required for commercial use. 75% for residential use.

Improvements:
810 Potomac Ave– Existing 3 story steel frame, masonry walls
816 Potomac Ave– Existing 4 story, 4 units/floor. 12,000GBA (Vacant)

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History from www.barracksrow.org
"Eighth Street, SE, also known as Barracks Row, was the first commercial center in Washington DC because of a natural harbor in the Anacostia River. In 1799, the Navy Yard located next to that harbor, and in 1801, Thomas Jefferson selected the site of 8^th and I Streets as the first post for the Marine Corps because of its close proximity to the Navy Yard and U.S. Capitol, in case it needed protecting.

The neighborhood flourished for years as Washington developed. But after WWII, jobs were lost in the Navy Yard as ammunition production ceased. In 1955, suburban flight began to erode many neighborhoods throughout the District of Columbia. Then in 1962, the SE Freeway – a raised highway – was constructed over 8^th Street, bisecting Washington’s oldest commercial corridor. The final straw was in 1968 when Washington residents were sent into a panic with the MLK riots. Many neighborhood commercial districts were set on fire, but Barracks Row experienced only looting. The National Guard was called in to quell the riots, but many shop owners closed up never to return.

Eighth Street struggled and there were a few attempts to revitalize the area, including a plan to make Barracks Row a pedestrian mall to combat the lure of shopping malls in the 1970s. In the early 1990s, 8^th Street merchants banded together to create the Barracks Row Business Alliance to revitalize the area, and some progress was made through the business association.

Then in 1998, the Shakespeare Theater bought the abandoned Oddfellows Building – the tallest and grandest structure on Barracks Row, restored the exterior, and renovated the interior for administrative offices and a classical acting academy. This was the first major building renovation in the neighborhood in recent memory, and the first step toward bringing the arts to Barracks Row. This $2 million project provided hope for this long-forgotten corridor.

The Barracks Row Business Alliance, along with key citizens, sought out the help of the National Main Street Center in 1999 and created Barracks Row Main Street to capitalize on the historic assets in the neighborhood. Three years later, DC Main Streets was formed by the District of Columbia’s Office of Economic Development, and BRMS was selected as one of the first five official DC Main Streets programs.

BRMS worked with the DC Department of Transportation to create a comprehensive, urban streetscape. It included additional parking, public transportation analysis, waste water run-off, urban forestry, and a lighting to create a pedestrian-friendly and ecologically smart urban corridor that would blend in with historic Capitol Hill. (Barracks Row lies within the Capitol Hill Historic District.) DC DOT completed the $8.5 million streetscape in December of 2003.

In the spring of 2003, the Capitol Hill BID began clean and safe services to commercial areas of Capitol Hill, including Barracks Row, making this area one of the safest in Washington, thanks to strong police relations, involved citizens and merchants, revitalizing 8^th Street, and the BID patrols.

Through all these things, the change has been miraculous. Since 1999, there have been 51 facades restored; 40 signs replaced through private dollars; 40 net new businesses have opened, including business expansion through 9 new outdoor cafes; an addition of 198 net new jobs have been created; 3 new traditional buildings have been constructed; a self-guided history trail was recently installed to interpret the neighborhood, and one streetscape reconstruction costing $8.5 million has been completed. The total amount of public and private funds reinvested in the community has been $19 million. Because of our success, BRMS won the 2005 Great American Main Street Awards from the National Trust for Historic Preservation’s Main Street Center!

Eighth Street has come a long way since Barracks Row Main Street began. Today, residents, daytime workers, and tourists enjoy the 17 charming retailers, 25 restaurants and taverns, and countless services that meet all their needs on historic Barracks Row. "

Lease Price/Sale Price: To Be Determined

Legal Description: Square 0930
Lots 10, 14, 17, 800, 801, 804, 816, 817, 823, 828

Land Area: 22,839 Square Feet

Scroll down to see plats, maps and more information