238 RHODE ISLAND AVE NW Active Save Request In-Person Tour Request Virtual Tour
Washington,DC 20001
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,574 sqft
Price per Sqft $505
Subdivision Eckington
MLS Listing ID DCDC2160950
Originating Board BRIGHT
Year Built 1911
Annual Tax Amount $4,601
Tax Year 2015
Lot Size 1,301 Sqft
Acres 0.03
Property Description
Prime Investment Opportunity to purchase a large 3 level Mixed-Use Commercial Property with a basement. This property was previously used as a Walk-in Restaurant/Carry Out. There are also (2) 1BR/1BA units on the second floor. The property will need a complete rehabilitation from top to bottom to really shine. Centrally located in a highly desirable area, and intersection of Rhode Island Avenue and Florida Avenue. The area is booming with economic development, making it a prime spot for investment. Properties of this type are rarely available in this neighborhood, and that's Ideal for someone with vision looking to be part of a rapidly developing area. Most importantly, there is the potential opportunity for expansion by adding two additional levels based on the MU-4 zoning. This property sits in arguably one of the most prime intersections in the city of Florida Rhode Island. This is a probate property, and it's priced to sell, so don’t hesitate—this opportunity may not last long! Please bring flashlight and workbooks for basement. For more details or to schedule a viewing, please contact.
Location
State DC
County Washington
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Utilities Available Electric Available,Natural Gas Available,Water Available
Waterfront N
Water Access N
Street Surface Paved
Accessibility 2+ Access Exits,Level Entry - Main
Road Frontage Public,City/County
Parking Type On Street
Garage N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Garrison
High Schools Dunbar Senior
School District District Of Columbia Public Schools
Others
Tax ID 3098//0115
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange
Financing Cash,Conventional,Exchange
Special Listing Condition Probate Listing