Since January, 2003
            
 Sliding from Before to After

The buildings along Potomac Avenue between Eighth and Ninth streets--the white corner building that houses Quizno's (810 Potomac) and the boarded-up brown brick apartment building next door at Ninth and Potomac--are now up for sale (asking price not listed). The current owners, ICP Partners, purchased the properties in February 2006 for $9 million; they're currently assessed at around $6.5 million. These owners are part of the group that has been trying to develop 801 Virginia Avenue since 2005--and I imagine it's a sign of what might be happening with that project that the splashy AdmiralCondo.com web site that they launched back in August is now gone. Perhaps someone with better access to commercial property listings than I have might want to peek and see if the 801 Virginia lot (0929 0007) is up for sale as well?
(I should also note that the Dogma lot on the *other* end of the block from the Admiral, at 821 Virginia, is apparently for sale, for $4 million. Dogma's lease runs through 2014.)
UPDATE: Thanks to reader A. for letting me know that the 801 Virginia lot is indeed listed for sale, for $4.5 million.
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Sarah says: (4/7/08 1:25 PM)
So no more the Admiral? Do you have any idea about the future of the 8th St, SE on the east side? It seems like the development around the Blue Castle area is progressing slower than the area near the stadium. Hopefully, it continues developing.

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