100% leased (NNN) commercial building with a restaurant , Current NOI is $116,688.60 , Restaurant has been at the location for 12 years, 8 year remaining lease plus 5 year option, Tenant is responsible for the roof, Rare investment opportunity with immediate cash flow yields coupled with future add-value opportunity, Four-level commercial building, Walking distance to Gallery Place Chinatown Metro and Verizon Center, Across the street from Fairfield Inn and Suites by Marriott, Rapidly growing area with huge economic value
Property Details
MLS #
DCDC507958
Property Type
Commercial Sale
Listing Status
EXPIRED
Listing Price
$2,600,000
Year Built
1890
Lot Acreage
NA
Subdivision
City
WASHINGTON
County
WASHINGTON
Water Source
Public
Sewer
Public Sewer
Zoning
TX-002
Exterior Details
Home Type
Parking
On Street
Interior Details
Interior Space
sq ft
Heating
Natural Gas - Heat Pump(s)
Cooling
Electric - Central A/C
Hot Water
Natural Gas
Accessibility Features
None
Financial Details
County Tax
$25,043.00
Special Tax Assessment
$0
Tax Year
2020
Total Assessment
$1,580,380
Total Taxes
$25,043
Listing Courtesy of
Listing Office
Samson Properties
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