823-825 Kennedy St NW - Storefront FOR SALE


Washington, DC 20011- Brightwood Park
$1,300,000 USD
240-737-5000
823-825 Kennedy St NW, Washington, DC for Sale
$1,300,000 USD
Storefront - FOR SALE
1/8
null | Request Cap Rate

823-825 Kennedy St NW
Washington, DC 20011
Brightwood Park


HIGHLIGHTS

  • .11 acres great for a multifamily development opportunity.
  • New A/C unit, 4 updated bathrooms
  • small kitchen and office in 825 Kennedy St NW

OVERVIEW

Investor Alert!!! 825 and 823 Kennedy St NW are for sale. Both will be sold together only. Two building square footage total is 4494 on one level. Building is 31feet width and 144 feet depth, .11 acres. New ac and 10 foot ceilings. Situated in a high growth area undergoing active redevelopment on Kennedy St NW, in the Petworth area of DC. These properties are surrounded by new investment activity, including conversions to multifamily housing. The location continues to attract developers and investors looking to maximize value through strategic improvements. This is an excellent opportunity for buyers seeking to renovate, reposition, or explore multi use options such as multifamily potential while benefiting from the neighborhood's continued evolution and increasing demand. Buyer to verify zoning nd development potential. Excellent opportunity for value-add or multifamily conversion. Area supported by ongoing private and public investment. Building is currently used as a Church and Fellowship hall. Can also be a variety of other retail classes.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$893 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

MU-4

APN/PARCEL ID

2993-0054,2993-0055

ASK ABOUT THIS PROPERTY

Zina DixonKeller Williams Perferred PropertiesMore Info
240-737-5000

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Zina DixonKeller Williams Perferred PropertiesMore Info
240-737-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.