Courtesy of: Larry Cooper, Alex Cooper Auctioneers, Inc., larry@alexcooper.com
Courtesy of: Larry Cooper, Alex Cooper Auctioneers, Inc., larry@alexcooper.com
$650,000
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Lot: 0.03 Acres
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Other
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$650,000
400 15TH NE Online auction to be conducted on Auctioneers website! List Price is Opening Bid Only! Online Auction Only! Bidding begins Friday, March 29th & ends Wednesday, April 3, 2024 at 3:00pm.. A great opportunity to purchase a commercial building in the "Kingman Park" Neighborhood of Washington, DC. The property is surround by residential housing and would be ideal for a businesses that is allowed with RF-1 zoning. According to past listings the property was formally used for a retail/food business, and the side building was a barbershop. Before bidding on this property we suggest you contact the DC Office of Zoning to determine if the building can be used for your type business. The upper level is setup as a residential unit with 2 bedrooms, 1 bath, kitchen, combo living/dining area, and washer/dryer in the bathroom. The upper level is currently tenant occupied with a section voucher - it has a current monthly rent of $4, 069 (per the seller). The main level is currently a large open space with a kitchen and there is storage area in the back. The lower level is accessible from the main level. It includes an open space, a full bath, mechanical systems for the building, 1 gas & 1 hot water heater, a large storage room, laundry area with hookups, 2 gas & 2 electric meters. This unit is currently not occupied. The side building was previously used as a barbershop/salon and has a half bath. This unit is currently not occupied. RF-1 Zoning: Per the Zoning Handbook DCOZ: "The purpose of the RF-1 zone is to provide for areas predominantly developed with row houses on small lots within which no more than two (2) dwelling units are permitted. In the RF-1 Zone, 2 dwelling units may be located within the principal structure or 1 each in the principal structure and an accessory structure. A building or structure existing before May 12, 1958 in the RF-1 zone may be used for more than 2 dwelling units (Subtitle U, Chapter 3). Accessory apartments are not permitted in a dwelling unit in RF-1. (Please note accessory apartments are reserved for R zones only, except R-19 and R-20.)"
Courtesy of: Larry Cooper, Alex Cooper Auctioneers, Inc., larry@alexcooper.com
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