Prime mixed-use building in the heart of the sought after Petworth neighborhood, along the busy retail-commercial corridor of 14th St. NW. Corner lot with frontage on 14th St. NW and on Quincy St. NW. Built out for restaurant / carry out on the first floor with a large outdoor patio dining space. Above the restaurant on the 2nd and 3rd levels are two 1 br. / 1 ba. apartments, including a large deck off the rear of the 2nd level . Tax record indicates 2,019 SF, but seller estimates approx. 2,300 SF. Zoned MU-4. There could be potential to add another level: max. building height = 50 ft.; max FAR = 2.5 (residential) or 1.5 (non-residential). Lease for 1st/2nd level is month-to-month, so property could be delivered vacant, or the new owner can renegotiate the lease. 3rd floor apartment is vacant. Excellent location with heavy foot and vehicle traffic, surround by shops, cafes, pubs, restaurants, and residential. Approx. 4 blocks to the Georgia Ave.-Petworth Metro station and 6 blocks to Columbia Heights Metro.
SHOVEL READY W/COMPLETE PLANS & PERMITS Attn: 1031 Exchange Clients - Can exchange with a Property Valued at $4 to $9 Million - Attention: Investor/Developer s Delight & golden opportunity in Columbia Heights. Shovel Ready. Drawings reflect owner s Updated plans (as of Dec 2021) to convert property into 14 Units (6-Two Bdrms/Two Baths, 2-Two Bdrms/One Bath Penthouses, 6-One Bdrm/One Bath), in addition to, first floor retail - commercial space - mixed use project.Close and convenient to: the future development Bruce Monroe, Park Moron & McMillan Project, Howard U, Catholic U, Trinity U, Washington Hospital Center, Children s Hospital, VA Hospital, coffee shops, shopping, boutiques, The USA Mall, Giant, Safeway, Yes Organic Market, Trader Joe s, 3,4 & 5 Star Neighborhood Restaurants Galore.A Short distance to Shaw, U Street, 14th Street Corridor & Live Theatres & Petworth & Columbia Heights Metro Rails.The Best Quality of Life with the Epitome of everything DC has to offer.
