Georgetown Post Office Under Contract to EastBanc, Inc.

The Georgetown Post Office on 31st Street will continue to operate as a retail location of the United States Postal Service even after the contract is finalized to sell the historic property for $4.5 million to EastBanc, Inc., according to The Washington Examiner.

The sale has long been in the works as EastBanc spent the past several years designing and tweaking a rear addition to the historic Post Office building. The addition will be built almost entirely below ground level; an above-ground exception will reuse a 1915 addition at the rear of the original 1856 federal building.

The Postal Service will continue to maintain a retail operation in just the ground floor level of the property at 1215 31st St. NW, according to The Washington Examiner.

The new addition was approved for commercial use in July, but EastBanc has not announced a tenant for that yet-to-be-built space.

Read more on the EastBanc, Inc. Post Office project:

• Georgetown Post Office Faces Another Setback After Old Georgetown Board
• EastBanc's Post Office Project Goes Subterranean
• EastBanc's Post Office Project Approved