3255 Grace St NW

Washington, DC 20007 View Map $5,500,000 Ask a Question
Kevin Koitz

Kevin Koitz

(301) 254-6576

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3255 Grace St NW in  , Washington DC, 20007
Status: Sold
Property Type:Commercial
MLS #:DCDC480446
Sq. Feet:7,976
Date Sold:11/19/2020
Lot Size:0.02 Acres
Introducing the Powerhouse. Optimally positioned on vibrant Grace Street connecting Georgetowns famed M Street shopping corridor with high-end K Street office complexes and premier residential buildings. Sited a block away from Wisconsin Avenue and M Street NW, the busiest intersection in Georgetown. The iconic Powerhouse features 30 foot high ceilings, dramatic floor-to-ceiling Palladian windows overlooking the C&O Canal, mezzanine spaces, and the Powerhouse smokestack which rises through the building and towers above the skyline of Georgetown rising 150 feet. A large outdoor courtyard and the Trestle Bridge connect the Powerhouse to M Street and the Shops at Georgetown Park. The neighborhood is home to Georgetown University and a 15-minute walk from George Washington University. The immediate area offers several, modern furniture showrooms, coffee shops, art galleries, and critically acclaimed restaurants, including Bourbon Steak, Fiola Mare by Fabio Trabocci & Reverie, as well as DCs world-class hotels: The Four Seasons, The Ritz-Carlton, and the Rosewood. High-end boutiques in the area include The Apple Store, Nike, Ralph Lauren & Calvin Klein. Its been said that Robert Powerhouse Grey, one of DCs most powerful and influential lobbyists, had designated the building an official Federal Landmark allowing it to be one of the three DC properties that do not require a mailing address, next to the US Capitol and the White House. The building is zoned MU12, affording endless possibilities and uses for one of Georgetowns rarest legacy assets ever to be offered publicly.

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Price Change History

Date Old Price New Price Percent Change

Community Information

Address:3255 Grace St NW, Washington, DC 20007
Zip Code:20007

Features / Amenities

Cooling: Central A/C
Cooling Fuel: Electric
Heating: Central
Heating Fuel: Natural Gas
Hot Water: Natural Gas

Property Features

Lot Size: 0.02 Acres
Sewer: Public Sewer
Water: Public
Directions:Going North on Rock Creek Parkway, make the first exit onto K St. NW. Make a right onto Grace St. NW and the property is on the left just past the bend.

Tax and Financial Info

Total Taxes: $4,079 (paid Annually)
Tax Year: 2019
New Financing: Cash
Ownership Type: Fee Simple
Homeowners' Assoc.: No
City Tax Rate: $4,079.00 (Annually)



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Listing Information Last Updated 3/20/2023
Listing provided courtesy of TTR Sotheby's International Realty.
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