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Listed by Adrian Dungan • RLAH @properties
$ 564,200
Est. payment | /mo
2,475 Sqft Lot
$ 564,200
Est. payment | /mo
2,475 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2153276
HOA Y/N N
Annual Tax Amount $3,328
Tax Year 2024
Lot Size 2,475 Sqft
Acres 0.06
Property Sub-Type Land
Source BRIGHT
Property Description
For an Investor/Builder/Developer/Restauranteur or house hacking primary residence owner. Create this potential 6 unit building and sell as condos or don't subdivide it and hold as a 6 unit apartment. Or live in one unit and rent / AirBnB the others. Or create a brand new restaurant. This commercially zoned vacant lot is perfect for a by right project as it helps avoid so many of the complexities associated with adding to DC's housing stock. --No chimney setback issues --No adjoining property on either side that would cause 10' rule --The previous structure was already demolished eliminating that risk and cost --There's no required lengthy underpinning of adjoining structures --The property already has a curb cut. --Schematic Design phase with Cross Design Group already paid for. --New structure would still not connect to neighboring structures on either side. The architecture firm has determined there's a total buildable square footage of 5,184sf if you go for the IZ bonus. Please see the prospective pro forma in the photos that is made in accordance with the buildable square footage and uses a cost of construction equal to $225 per sf. The property is fenced off for safety so please view property at your own risk.
Location
State DC
County Washington
Zoning COMMERCIAL
Exterior
Utilities Available None
Water Access N
View City
Garage N
Building
Sewer Public Sewer
Water Public
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3873//0005
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Horse Property N
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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