Property Details

bedrooms |
full baths
0.07 ACRES
Year Built: 1988
ACTIVE
Triple Net (NNN) Investment opportunity with a positive cash flow. Introducing an exceptional investment opportunity in the heart of the DC’s nightlife center! With a true NNN lease structure, there are no landlord responsibilities, makes for a hassle-free investment. The property also carries a liquor license. Air rights also convey making additional build-up possible. Adjacent to 14th Street & U Street Corridor area: a stunning 4,950 SF building, and offering 100% occupancy. With its prime location and full occupancy, this property presents a compelling prospect for those seeking a thriving retail investment in a sought after area. Do not miss the chance to secure a prime piece of real estate in one of Washington, DC's most dynamic and vibrant locations. Fully leased! Prime 9th Street address, walking distance to DC Convention Center and two blocks from metro, next door to numerous restaurants, nightlife, and nearby cultural & music venues.
Property Details
MLS #
DCDC2205190
Property Type
Commercial Sale
Listing Status
ACTIVE
Listing Price
$2,900,000
Year Built
1988
Lot Acreage
NA
Subdivision
City
WASHINGTON
County
WASHINGTON
Water Source
Public
Sewer
Public Sewer
Zoning
ARTS-2
Exterior Details
Home Type
Parking
On Street
Interior Details
Interior Space
sq ft
Heating
Natural Gas - Forced Air
Cooling
Electric - Central A/C
Hot Water
Natural Gas
Flooring
Concrete
Accessibility Features
None
Financial Details
County Tax
$6,773.20
Special Tax Assessment
$0
Tax Year
2001
Total Assessment
$330,400
Total Taxes
$6,773
Listing Courtesy of
Listing Office
IRA Real Estate LLC.
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