Originally constructed in 1847, this historic building at 515 N. Washington Street was originally home to the Mount Vernon Cotton Factory. In 1903, the Robert Portner Brewing Company converted it into a bottling facility! Now, this four-story industrial property will be home to 25 condo lofts with tons of historic charm and rich design detail. Architectural features include original exposed brick and iron beams in each unit. The open-loft units, with 12’ ceilings, are complemented by high-end, contemporary finishes and wood floors.
Masonry Lofts offers five different floor plans including studio, one-bedroom, and three two-bedroom options. Pricing and square footage are as follows:
- Studio Residences from 500-550 sq ft
$350K – $425K
- One-Bedroom Residences from 600-900 sq ft$425K – $700K
- Two-Bedroom Residences from 1,000-1,400 sq ft
$800K – $1M
- Two-Bedroom + Den Residences from 1,400 – 2,000 sq ft
$850K – $1.7M
As of this June 2021 writing, ten units have been sold; 15 remain.
The condo fees are based on interior square footage and will be approximately $0.56 per square foot. The fees include access to a top-floor owners club room (with a catering kitchen) and an outdoor balcony overlooking Old Town and the Potomac River. They also includes gas, water, insurance, building maintenance/landscaping, secure parking, and trash/sewer removal. This pet-friendly community even has its own park!
Residents of Masonry Lofts will enjoy the walkability it offers, as the building is conveniently located near two Metro stops, grocery stores, and the shops and restaurants of King Street and Old Town waterfront. The U.S. Capitol is just seven miles away and Reagan National Airport is less than three miles!
If you’d like to learn more about this exciting opportunity, reach out to our team today.