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listing
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CommercialFor Sale
$1,300,000
238 Rhode Island Avenue NW
Washington, DC 20001
Listed by: Samson Properties, (202) 938-0228
MLS: Bright MLS
2,574Sq Ft
Est. Mortgage
$6,810/mo

Prime Investment Opportunity to purchase a large 3 level Mixed-Use Commercial Property with a basement. This property was previously used as a Walk-in Restaurant/Carry Out. There are also (2) 1BR/1BA units on the second floor. The property will need a complete rehabilitation from top to bottom to really shine. Centrally located in a highly desirable area, and intersection of Rhode Island Avenue and Florida Avenue. The area is booming with economic development, making it a prime spot for investment. Properties of this type are rarely available in this neighborhood, and that's Ideal for someone with vision looking to be part of a rapidly developing area. Most importantly, there is the potential opportunity for expansion by adding two additional levels based on the MU-4 zoning. This property sits in arguably one of the most prime intersections in the city of Florida Rhode Island. This is a probate property, and it's priced to sell, so don’t hesitate—this opportunity may not last long! Please bring flashlight and workbooks for basement. For more details or to schedule a viewing, please contact.

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This data is up-to-date as of 11/28/2024 11:25 PM. Listing provided by Terrence R Boykin of Samson Properties.
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