PRICE IMPROVEMENT - Reduced $200K. Prime mixed-use building in the heart of the sought after Petworth neighborhood, along the busy retail-commercial corridor of 14th St. NW. Corner lot with frontage on 14th St. NW and on Quincy St. NW. Built out for restaurant / carry out on the first floor with a large outdoor patio dining space. Above the restaurant on the 2nd and 3rd levels are two 1 br. / 1 ba. apartments, including a large deck off the rear of the 2nd level . Tax record indicates 2,019 SF, but seller estimates approx. 2,300 SF. Zoned MU-4. There could be potential to add another level: max. building height = 50 ft.; max FAR = 2.5 (residential) or 1.5 (non-residential). Leases are month-to-month, so property could be delivered vacant, or the new owner can renegotiate the leases. Excellent location with heavy foot and vehicle traffic, surround by shops, cafes, pubs, restaurants, and residential. Approx. 4 blocks to the Georgia Ave.-Petworth Metro station and 6 blocks to Columbia Heights Metro.
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Listing Snapshot
Price
$1,450,000
Days On Site
576 Days
Bedrooms
N/A
Inside Area (SqFt)
2,300 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1907
MLS® Number
DCDC2098834
Status
Active
Property Tax
$7,017
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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