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This offering presents a rare opportunity to acquire two contiguous CMX-2.5 zoned properties in the heart of Northern Liberties, combining stabilized income with long-term flexibility.
The portfolio includes the mixed-use commercial building at 209–215 Fairmount Avenue and the adjoining parcel at 705 N American Street, together providing a 7,550 SF combined footprint — a scale increasingly difficult to assemble in the neighborhood.
The property is leased through December 31, 2026 and produced $228,998 in total income in 2025. After full operating expenses, including property taxes, the asset generates approximately $203,500 in Net Operating Income, representing a 5.8% cap rate at the offering price.
The existing lease term provides stable income while a buyer evaluates long-term plans and pursues planning or entitlement work, with a defined transition point at the end of 2026.
The tenant has expressed interest in renewing; however, any future lease extension would be subject to negotiation with the new owner. This structure provides flexibility for continued income stabilization or repositioning following the current lease term.

Assemblage Overview
• 7,550 SF Contiguous Assemblage
• Two Parcels: 209–215 Fairmount Avenue & 705 N American Street
• CMX-2.5 Zoning – Mixed-Use Development Potential
• Located in Northern Liberties
• Income in Place Through 12/31/2026
• Defined Transition Timeline for Repositioning or Redevelopment

209–215 Fairmount Avenue (Primary Building)  MLS#  PAPH2482266

• Grand Second-Story Theatre Hall with Open-Span Volume
• Preserved Theatre-Era Allegorical Ceiling Panels
• 18’ Pressed Metal Ceilings with Decorative Cornice Detailing (Main Level)
• Original Interior Woodwork and Architectural Detailing
• Hardwood Flooring on Upper Level
• Full-Building Basement with 10’+ Ceiling Height
• Significant Ceiling Volume Rare for Buildings of This Era
• Adaptive Reuse or Conversion Potential

705 N American Street (Contiguous Parcel) MLS#  PAPH2452904

• Vacant Paved Lot (Separate Parcel)
• Secondary Access
• Enhances Assemblage Scale and Site Configuration Flexibility

Showings are limited to evenings after 6 PM and weekends to accommodate the current tenant. Virtual access available via 3D tour.
#PAPH2482266

PHILADELPHIA

209-15 FAIRMOUNT AVENUE

None Beds

None Baths

9,700 Sq.Ft.

$3,500,000

MLS#: PAPH2482266

A Sanctuary of Coastal Elegance with Endless Views
A one-of-a-kind masterpiece by Echelon Homes, this custom-designed residence marries contemporary coastal style with subtle industrial cues, delivering awe-inspiring luxury at every turn. Nestled within the prestigious Jack Nicklaus Signature Golf Course community of The Peninsula, this extraordinary home rises in the exclusive Sanctuary enclave, perched on the pinnacle of Sand Dollar Drive. Designed to maximize its spectacular position, the residence offers three levels of living with sweeping 360-degree views of the Indian River Bay, Lingo Creek, and the 8th Tee.
From the moment you arrive, casual elegance blends seamlessly with quality craftsmanship and coastal sensibility. Wide-plank hardwood floors, shiplap, judges paneling, beamed ceilings, and custom built-ins unify the interiors, while designer lighting adds glimmering sophistication. The main level foyer opens to the great room, where floor-to-ceiling atrium sliders flood the space with natural light, showcase breathtaking views, and extend effortlessly to an expansive balcony deck. The living room is anchored by a soaring quartz-clad fireplace, accented with black steel and flanked by elegant glass-and-wood display cabinets. An open-beamed ceiling heightens the drama, creating a stunning focal point. This central gathering space flows into the gourmet kitchen and dining area, a showcase for both entertaining and daily life. Quartz surfaces span generous work areas and the oversized center island, complete with abundant storage, beverage and wine refrigerators, deep undermount sink, and built-in oven. A striking glass tile backsplash highlights the GE Monogram six-burner range with custom vent hood, while a suite of professional-grade stainless appliances completes the space. A walk-in pantry with custom floor-to-ceiling storage ensures both beauty and function. Dine casually at the breakfast bar, host formal meals in the adjacent dining room, or step through sliders to the screened porch, where dazzling sunsets over the bay make every evening extraordinary. This level also offers a refined home office with balcony access, a stylish hall bath, and the first of five bedrooms, complete with ensuite. Ride the elevator to the primary suite retreat, where panoramic views greet you from bed beneath a soaring cathedral ceiling of shiplap and beams. The spa-inspired ensuite rivals a five-star resort, with two vanities, soaking tub, walk-in shower, private water closet, and dual walk-in closets with abundant storage. Two additional guest suites, each uniquely styled with private ensuites, one with balcony access, ensure comfort for family and friends. A second-floor laundry adds convenience, while a welcoming family room with balcony access serves as the perfect gathering spot. From here, a staircase leads to a bonus loft and the crowning jewel of the home: a rooftop terrace offering unrivaled 360-degree views. The lower level, filled with natural light, high ceilings, and precise millwork, is designed for entertaining. A game and lounge room, sizable guest bedroom, hall bath, second laundry, and mudroom entry complement the oversized two-car garage and additional third garage. Beyond the garages, a pool bath leads to the outdoor oasis. Here, a hardscaped paradise awaits: heated pool, spa, firepit, lounging areas, covered bar patio, and a screened pavilion, all perfectly positioned to embrace the home’s remarkable setting.
As a resident of The Peninsula, you’ll enjoy world-class amenities, including gated security, a stunning clubhouse, the Jack Nicklaus golf course and driving range, a state-of-the-art fitness center with indoor, outdoor, and wave pools, hot tubs, saunas, spa rooms, tennis and pickleball courts, dog park, community garden, nature center, bay beach, fishing pier, and miles of walking trails.
Come home to comfort, luxury, and resort living at its finest.
#DESU2096970

MILLSBORO

33596 SAND DOLLAR DRIVE

6 Beds

6 Baths

5,500 Sq.Ft.

$3,500,000

MLS#: DESU2096970

3800 52nd Street NW is an architectural masterpiece blending the pinnacle in design and location. Reimagined from the ground up in 2016, the home is situated on a private third of an acre, amidst verdant rolling hills and distinguished estates. A strong first impression is formed by striking curb appeal courtesy of a painted brick exterior and Pella windows framed with contrasting dark trim. Evoking elements from stylish European villas, the home represents a perfect harmony of international character and contemporary sleekness. Arched glass and wrought iron double doors afford a dramatic entry to the grand foyer, whose soaring ceilings and centerpiece staircase introduce an ethereal floor plan comprising 5,500 finished square feet of luxurious living space. A private office is tucked to one side through double French doors, while formal living and dining rooms opposite the foyer are trimmed with thick crowns, chair rails, and shadow box moldings. Spanning the rear portion of the main level are open-concept informal areas. At the center is the family room, whose accent wall and beamed ceiling feature extensive custom millwork in a nod to the wooded surroundings. Lush views and natural light flood in from a wall of windows overlooking the rear lawn. The kitchen was designed to appease any chef or large-scale entertainer, with extensive inset cabinetry, an oversized center island with integrated seating, a commercial-grade Wolf range top, and a full-size SubZero refrigerator. Its adjacent breakfast nook is relaxed and directly accesses the rear deck. Upstairs, the primary suite’s barreled ceiling is yet another testament to the quality of construction, while a private balcony affords blissful views. In the marble-clad, spa-inspired bath, all of the expected accouterments prevail, not limited to separate vanities, an artistic freestanding soaking tub with wooded views, and a walk-in glass shower with multiple jets. An ample closet space replete with custom built-ins completes the picture. Three additional bedrooms, each generous in scale and boasting both ensuite baths as well as walk-in closets, complete the upper level. A large recreation room with stacked stone fireplace framed by built-ins anchors the daylight lower level. The similarly extensive wet bar further enables entertaining, while a full bedroom suite, laundry facilities, powder room, and access to the oversized two-car garage greatly enhance the home’s overall livability. Out back, extensive hardscaping surrounds the large patio which descends down into a flat, grassy area. The elevated lot, wooded surroundings, and total privacy are true distinguishing factors and rare luxuries in the city. Feeling a world away from downtown with its natural setting and extensive premium amenities, yet always remaining within easy reach, 3800 52nd Street NW is an unequivocally fine representation of Washington’s best.
#DCDC2122364

WASHINGTON

3800 52ND STREET NW

5 Beds

5 Baths

5,500 Sq.Ft.

$3,500,000

MLS#: DCDC2122364

None
#PAMC2082812

HARLEYSVILLE

690 HARLEYSVILLE PIKE

None Beds

None Baths

2.34 acres

$3,500,000

MLS#: PAMC2082812

Discover 40134 Virginia Avenue - a fully renovated 5 bed, 5.5 bath home beach-side of Route 1 in Fenwick Island. Spanning 4,000 square feet, this stunning coastal retreat curated by Kayak-Creations and built by MTV Construction offers luxury and comfort just steps from the Atlantic Ocean. Enjoy spacious living areas, modern amenities, and elegant finishes throughout. Experience the perfect blend of style and seaside serenity in this remarkable Coastal Delaware home.
#DESU2064962

FENWICK ISLAND

40134 VIRGINIA AVENUE

5 Beds

5 Baths

4,000 Sq.Ft.

$3,500,000

MLS#: DESU2064962

New Toll Brothers built  contemporary home in Great Falls at the end of a quiet street. Pristine and turn-key. Open concept main level with wood floors and ample natural light from picture windows. Gourmet kitchen with large island and breakfast bar plus stainless steel appliances. Upstairs are four bedrooms each with a bathroom. The primary bath features a soaking tub and separate shower as well as two vanities. The lower level is finished with walk-out porch, overlooking the expansive backyard. Attached 2 car garage completes this beautiful home.
#VAFX2179972

GREAT FALLS

661 STRATFORD HILL COURT

5 Beds

5 Baths

4,610 Sq.Ft.

$3,500,000

MLS#: VAFX2179972

4.41 acre lot zoned PDH3 at corner of Riverside Pkwy and Coton Manor Drive in Landsdowne, VA.
Zoning permits the following by right: Religious facility, child care and early education center,
community center, lodge, etc. Located near Route 7 and Belmont Ridge Road.
#VALO2047710

LANSDOWNE

RIVERSIDE PKWY AND COTON MANOR DRIVE

None Beds

None Baths

4.41 acres

$3,500,000

MLS#: VALO2047710

Juno Farm - 163 acres of premier land in Orange County Hunt Territory.  Breathtaking property located on the protected Atoka Road.  Approximately 100 acres of hayfields and over 60 acres of mature woodland featuring majestic stands of white oaks, hickory and walnut trees.  Wonderful riding trails and wildlife habitat.  Protected by a Land Trust of Virginia conservation easement, its natural beauty is protected for generations to come while still allowing for construction of a residential compound and comprehensive equestrian facilities including the ability to build an indoor arena.  Lovely combination of open and wooded land, mountain views, large fishing pond and one smaller pond for waterfowl.  Extensive year round springs running through out. 
PROPERTY IS NOT DIVIDABLE
#VAFQ2014324

MARSHALL

ATOKA ROAD

None Beds

None Baths

162.6 acres

$3,500,000

MLS#: VAFQ2014324

FOR COMP PURPOSES ONLY.  Absolute Perfection! High ceilings, gracious room sizes, huge backyard.  Top of the line construction!CONTACT JOANNE PINOVER WITH QUESTIONS.
#1000465798

CHEVY CHASE

3821 BRADLEY LANE

7 Beds

6 Baths

N/A

$3,500,000

MLS#: 1000465798

None
#MDMC693352

CHEVY CHASE

21 QUINCY STREET

7 Beds

4 Baths

3,366 Sq.Ft.

$3,500,000

MLS#: MDMC693352

A Masterpiece of Interior Design in Georgetown's Most Exclusive Building.  One of a kind oversized duplex, w/ excellent light, views and convenient access to Georgetown via discreet side door entrance by canal. Approx. 2,200 sqft* 2 BR + Den / 2.5 BA, Private Terrace, 2 Car Parking + Storage. Renovated over several years by Taylor Deering owner of Spaced Out Design. Every detail and finish is next level. Words cannot describe. Hidden automated home theater w/ Sony short throw laser projector, custom ceiling features,  Poggenpohl kitchen with automated cabinet doors, window treatments,  stunning designer wallpaper by Phillip Jeffries + Hermes, custom rose gold hardware throughout, new glass staircase railing, custom Lutron system, and so much more... This is by far the coolest, sleekest and most sophisticated condo in the entire DC area. This is very special, once in a lifetime opportunity.  *2,200 sqft interior, not including large private outdoor terrace. Please click virtual tour link for detail video and floorplans. Matterport 3D tour and detail video are now linked. Additional photography will be added soon.
#DCDC2032646

WASHINGTON

3303 WATER STREET NW 3J

2 Beds

2 Baths

2,204 Sq.Ft.

$3,500,000

MLS#: DCDC2032646

16.447 acres or prime residential land for development and/or horse farm use in 2 adjoining parcels. (7A1 and 8A1)  This property had been an active horse farm.  Property adjoins Breyerton Estates on the rear which is a community with houses assessed in the $1 million range and on the South with Harper's Station, an upscale senior living community  as well as Legacy Ridge Memory Care.  Immediately to the south of these properties are Townhouses and the Madison Crescent commercial and office Center.  The price is based on an immediate sale as is or as adjusted upward tied to an agreed higher land use contingencies or densities.
#VAPW2054286

GAINESVILLE

7705 JAMES MADISON HIGHWAY

None Beds

None Baths

16.45 acres

$3,500,000

MLS#: VAPW2054286

Rarely available waterfront condominium in Robinson Landing offers breathtaking river views and a luxurious lifestyle defined by its proximity to the Potomac River and vibrant riverfront of Old Town, Alexandria.  Step inside to discover a harmonious blend of modern design and comfort. The floor-to-ceiling windows with remote controlled blinds ensure expansive river views and natural light, accentuating the sleek lines and premium finishes throughout. A chef's kitchen, equipped with  high end appliances and gas cooking, invites culinary creativity; and the open floor plan offers a seamless flow into the dining and living spaces, perfect for hosting intimate gatherings or a game-day crowd. European style cabinetry and a waterfall edge island with quartz countertops present a clean, modern profile and make the kitchen space a welcome gathering place. A convenient den/office that can serve as a 3rd bedroom for visiting out-of-town family and friends is just off the living room.   Bonus--custom wallpaper and lighting give this former model unit a distinctive character. Thoughtfully designed to provide both open gathering space and also quiet private space, a hallway separates the serene owner's suite and a 2nd bedroom from the open living area. Two spacious walk-in closets and a spa bathroom with separate soaking tub, seamless glass shower, and a double vanity with lighted mirrors make the owner's  primary suite a welcome retreat. The en suite guest bedroom with generous closet space overlooks a classic Old Town street scene of charming brick residences and street lamps. Robinson Landing exclusive amenities elevate this residence beyond the ordinary. Enjoy peace of mind with 24-hour security and a dedicated lobby desk with on-site staff, private elevator access, and two  assigned and secure underground garage parking spaces .  Other amenities include in-house pet grooming spa, spacious bike room storage and workshop, extra storage space, beautifully appointed meeting rooms and resident lounge with Potomac views, and top-of-the-line exercise and fitness facilities. Above all, the allure of riverfront living is ever-present with the Potomac just steps away, offering picturesque views and opportunities for leisurely strolls to inviting shops and restaurants along the waterfront. Here, luxury meets nature in perfect harmony. Convenient to Reagan National Airport, Amazon HQ2, Capitol Hill, and all Metro D.C. has to offer.
#VAAX2048404

ALEXANDRIA

310 STRAND STREET 304

2 Beds

2 Baths

2,407 Sq.Ft.

$3,500,000

MLS#: VAAX2048404

This spectacular new build from MR Custom Homes is intelligently-designed with 6 bedrooms, 6 ½ baths and over 7,450 sq ft of living space on a professionally landscaped .36 acre home-site, with fully fenced yard. The home features an oversized 3-car garage, Hardi-Plank siding, 10’ ceilings on main and upper levels, oversized windows, upgraded crown molding and trim, numerous custom built-ins, designer light fixtures, in-ceiling speakers, and 7.5” white oak engineered hardwoods. 

Entering into the spacious foyer of this elevator-ready home with main level ensuite bedroom, reveals an open floor plan featuring a light-filled family room with a wood-burning fireplace, a home office/study, and an elegant dining area which connects to the gourmet kitchen through a well-appointed butler’s pantry. The spacious kitchen with maple cabinetry, quartz countertops, 48” Wolf Range, 48” Subzero Refrigerator, two Asko dishwashers, two beverage fridges, a built-in pot filler, an oversized center island with second sink and space for 4 stools, as well as a large breakfast area. With direct access to the open deck with gas line for grill and large screened-in porch with stone fireplace, skylights, ceiling fan, recess lighting, heaters, and speakers, with stairs to the lower flagstone patio. 

The upper level features 4 ensuite bedrooms, and a well-designed laundry room. The spacious and light-filled primary suite includes a sitting area, two walk-in custom closets with extensive built-ins, and a gorgeous primary bath with walk-in shower, freestanding tub and dual sink vanity. The fully finished lower level has an open rec room with wet bar and gas fireplace, exercise room, and a guest room with an ensuite bath. McLean High School pyramid; minutes to downtown McLean and Tysons, with easy access to major commuter routes.
#VAFX2200912

MCLEAN

1440 IRONWOOD DRIVE

6 Beds

6 Baths

7,452 Sq.Ft.

$3,500,000

MLS#: VAFX2200912

On the market for the first time ever, this multi-family contemporary gem provides for the perfect oasis of quiet and peace in the heart of Dupont. Built in 1977 and designed by architect John Sullivan, this home boasts 3 income-generating apartments in addition to the owner’s 3BR 2.5BA townhome. The main house is an exquisite example of light-filled open concept with soaring ceilings & skylights, and has been newly updated to modern tastes. Refinished original hardwood floors, fantastic exposed brick walls, and fresh paint throughout. The entry level is an entertainer’s dream, complete with flowing living and dining spaces, and culminating with dramatic cathedral ceilings and floor-to-ceiling windows. Refreshed and spacious eat-in kitchen with new counters, custom backsplash and newly painted cabinetry. A lofty 3-level floating staircase leads up to the library, which overlooks the living room and includes large swathes of built-in shelves awaiting your books and treasures. The upper levels also host 3 bright and spacious bedrooms (including 2 potential primary suites), and two ensuite baths upgraded with new counters and custom tile. This home’s ample outdoor spaces are truly special, and include a central courtyard & garden, front brick patio, and expansive rooftop deck. The rear garden is enveloped by high walls covered with Wisteria & Hydrangea. The massive Bradford Pear tree’s shade creates a feeling of protection and softness in the backyard. Meanwhile the rooftop deck is sunny and open while still maintaining privacy, and is an ideal spot for the urban gardener in you. This space could also be converted into a 4th bedroom!

Complementing the primary residence are 3 apartments, each 1BR 1BA and approximately 900SF in size. 2 of the 3 units have been substantially renovated within the past 3 years. Top floor apartment of the carriage house features cathedral ceilings and a brick fireplace. For the savvy investor, economic upside possibilities abound with so many spaces! Traditional rentals, tons of AirB&B opportunities, perhaps convert the garages into a 5th unit, or even break the property into condos.

The home includes tons of parking (7 total spaces, including a storage area converted from a garage space), 2 additional storage closets off the garage space, and a very functional rear alley with easy access to R and S Streets. Ideally located in the heart of vibrant Dupont Circle. Explore cafes, restaurants and bars on 18th St, U St and 14th St. 1 block to Mint Gym. Enjoy the weekend Farmer’s market on Columbia Rd and Dupont Circle. Transit oriented location with Metro buses on 18th Street and Metro stations nearby (0.7mile to Dupont and U St/Cardozo).
#DCDC2070152

WASHINGTON

1712 19TH STREET NW

6 Beds

5 Baths

5,000 Sq.Ft.

$3,500,000

MLS#: DCDC2070152

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