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601 Rhode Island Avenue NW

WASHINGTON, DC 20001
  • $2,600,000
  • STATUS: Active
  • ON SITE: 232 Days
  • ID#: DCDC2083160
UPDATED: 200 min ago
$2,600,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

Calling all investors. This is a great opportunity for development in the highly sought neighborhood of Shaw. Zoned RF-1. Max FAR 2.5X. The highest and best use may be obtained by applying for a variance. Investors should use creativity and consider all scenarios The sellers are willing to sell the business with gross income of $400K per year. This is the only auto repair shop within blocks and business is very good.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Executive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-28T23:51:43.63.
www.jessyoungrealestate.com/homes/136802423
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601 Rhode Island Avenue NW WASHINGTON, DC 20001

  • Price: $2,600,000
  • Status: Active
  • On Site: 232 Days
  • Updated: 200 min ago
  • ID#: DCDC2083160
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1925
Built
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
Calling all investors. This is a great opportunity for development in the highly sought neighborhood of Shaw. Zoned RF-1. Max FAR 2.5X. The highest and best use may be obtained by applying for a variance. Investors should use creativity and consider all scenarios The sellers are willing to sell the business with gross income of $400K per year. This is the only auto repair shop within blocks and business is very good.
Exterior Features

Construction Materials Concrete Garage YN No Parking Types Parking Lot Riparian Rights YN No Soil Types Unknown Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1387.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 1387.00

Property Features

Acceptable Financing CashConventionalOther Accessibility Features None Assessment Year 2023 Business Type Auto Related Central Air YN No Cooling Fuel Natural Gas Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Original MLSNumber 802144308512 Ownership Interest Fee Simple Possession 120-180 Days Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 28547.38 Tax Assessment Amount 1733790.00 Vacation Rental YN No Water Source Public Zoning Rf-1

Listing courtesy of United Real Estate: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Executive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-28T23:51:43.63.
 
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