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4416 Southern Avenue SE

WASHINGTON, DC 20019
  • $799,000
  • STATUS: Active
  • ON SITE: 132 Days
  • ID#: DCDC2035918
UPDATED: 67 min ago
$799,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1965
County:

School Ratings & Info

Description

DON+G- T MISS out on this licensed and actively operating liquor store on a very busy street on Southern Ave SE for just $850K. Very difficult and unusual to find a building with lucrative liquor store business in DC for that price. The potential and possibilities are endless in this prime commercial space. This property also has a sizable lot facing Bowen Rd that can potentially be used to build another unit facing Bowen Rd. Buyer to do their own due diligence. Total gross lot is 3845 sq ft. Property is currently leased through November 2022 with a triple net lease agreement with a 5-year option for the current tenant as a liquor store space. Current tenant is paying a monthly of $3300 but will go up 3% annually after about a year. The liquor license to remain with the building.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Enterprises. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-06-29T06:58:52.157.
www.exitrealtyenterprises.com/homes/125891756
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4416 Southern Avenue SE WASHINGTON, DC 20019

  • Price: $799,000
  • Status: Active
  • On Site: 132 Days
  • Updated: 67 min ago
  • ID#: DCDC2035918
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1965
Built
Neighborhood:
Fort Dupont Park
County:
Washington
School District:
District Of Columbia Public Schools
Property Description
DON+G- T MISS out on this licensed and actively operating liquor store on a very busy street on Southern Ave SE for just $850K. Very difficult and unusual to find a building with lucrative liquor store business in DC for that price. The potential and possibilities are endless in this prime commercial space. This property also has a sizable lot facing Bowen Rd that can potentially be used to build another unit facing Bowen Rd. Buyer to do their own due diligence. Total gross lot is 3845 sq ft. Property is currently leased through November 2022 with a triple net lease agreement with a 5-year option for the current tenant as a liquor store space. Current tenant is paying a monthly of $3300 but will go up 3% annually after about a year. The liquor license to remain with the building.
Exterior Features

Construction Materials BrickAsphaltBrick FrontCombination Garage YN No Parking Types On Street Riparian Rights YN No Roof Asphalt Soil Types Unknown Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1368.00 Cooling Central A/C Exclusions Seller Personal Property. Heating Central Heating YN Yes Net Square Feet 3845.00

Property Features

Acceptable Financing CashConventionalFhaVa Accessibility Features None Assessment Year 2021 Business Type Other/General Retail Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Electric Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 801333947874 Ownership Interest Fee Simple Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 8176.00 Tax Assessment Amount 421030.00 Tax Lot 145 Vacation Rental YN No Water Source Public Zoning C1 Zoning Description Commercial Zoning

Listing courtesy of Keller Williams Capital Properties.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Enterprises. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-06-29T06:58:52.157.
 
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EXIT Realty Enterprises
8701 Georgia Avenue, Suite 509
Silver Spring MD, 20910