Washington, DC 20001,238 RHODE ISLAND AVE NW
Washington, DC 20001,238 RHODE ISLAND AVE NW
Washington, DC 20001,238 RHODE ISLAND AVE NW
Washington, DC 20001,238 RHODE ISLAND AVE NW
Washington, DC 20001,238 RHODE ISLAND AVE NW
Washington, DC 20001,238 RHODE ISLAND AVE NW
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$ 1,300,000
Est. payment | /mo

2,574 SqFt


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$ 1,300,000
Est. payment | /mo
Save

2,574 SqFt

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

Bright MLS (BMLS)
Listed by Terrence R Boykin • Samson Properties

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Jennifer Chino

Founder, Stahley Thompson Homes

+1(410) 941-7009

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238 RHODE ISLAND AVE NW