123, 125, 127 KENNEDY ST NW

$2,150,000

123, 125, 127 KENNEDY STREET NW, WASHINGTON, DC 20011

Sold

MLS ID: DCDC452070

  • 0.24 Acres
  • 1948 BUILT

Property Details

**$200K PRICE REDUCTION BY MOTIVATED SELLER!** This MU-4 zoned site offers flexibility to build a ground-up commercial, mixed-use or residential building on the burgeoning Kennedy Street Corridor in NW DC. Owner's conceptual plans by R. Michael Cross Design Group provide for a multifamily or mixed-use building of 24-30 residential units (1-3 BR) and 42,785 GSF. Located across from popular Jackie Lee's Bar and steps away from ANXO's new cider production facility and tasting room. A $10MM Kennedy Street Revitalization Plan has recently been completed, and development of 2MM SQF at nearby Art Place at Fort Totten is currently underway, with Aldi, Meow Wolf Museum, and a 24-Hour Fitness as anchor tenants . Please contact agent for further details and conceptual plans.

Chris Burns

LISTING AGENT

Amenities

Exterior & Building

  • water Source Public
  • Heat Type Forced Air
  • Air Conditioning Central A/C
  • sewer Public Sewer
  • Substructure Brick

Financial Details

  • Sales Price $2,150,000
  • Real Estate Tax $7,538
  • Zoning MU-4

Area & Lot

  • Status Sold
  • Living Area 5,280 Sq.Ft.
  • Lot Area 0.24 Acres
  • MLS ID DCDC452070
  • Type COMMERCIAL
  • Year Built 1948
  • Water Frontage N
  • School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS

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