Showing posts with label 924 Fifth. Show all posts
Showing posts with label 924 Fifth. Show all posts

Wednesday, 21 October 2009

Can't pick one? Go with two and stack them

Lot's of debate in the discussion on retail suggestions for 924 5th Street. Very strong support for a nail salon from the ladies and some loyal husbands. Others lust for a more inspired choice.


Perhaps the compromise is a Nail Salon on the second floor with one of the other discussed options such as a pet store on the ground floor? It was brought to my attention that Annie Nail Salon in Georgetown is on the second floor of a row house.

I think most in the community would view that as a creative win-win. Would it be a non-starter for the new landlord? My loose understanding is that the vision is for the 2nd and 3rd floors to be bundled together as office space. If a second floor use doesn't also also consume the third floor it may render the top floor too isolated to easily lease.

Tuesday, 20 October 2009

Vacant buildings take steps towards progress

Our last report on the saga of the "Ledo Building" at 433 Mass was that the city notified to the owners that the building would be demolished if it remained unsecured. It turns out this has closed the chapter on the Spriggs family as the bank has sold the property out from underneath them.


No details yet on the identity of the new owner or their plans for the property.



In other news on old buildings in the Triangle, the old High G Paint building located at 924 Fifth Street NW has been sold. This 3 level structure lies within the Mount Vernon Triangle Historic District.


The new owner of this property is interested in placing retail on the ground floor and has approached the MVT CID for suggestions. What type of tenant for this 1300 1650 SF space, that is just steps away from 5th and K, would both flourish and complement the existing uses in the neighborhood? Suggestions I heard at the MVT Marketing Committee meeting included a chocolate bar like ACKC, or a housewares store like Home Rule. What are your thoughts? Keep in mind the size constraints of the space.

Tuesday, 10 March 2009

High G Paint out on the curb

The contents of High G Paint Company (924 5th St NW) were emptied from the building out onto the sidewalk on Tuesday. A For Sale signed was posted with contact information for Reza Rofougaran of Stein & Associates.


When was the last time High G Paint was open for business? How big is the space and what future uses could you envision?

Hat tip: MVTResident

UPDATE (3/11/09 11:20AM): The building is for sale for $950,000. The 2010 property tax assessment is $869,360. The structure resides within the Mount Vernon Triangle Historic District.