Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
Listing photo for 501 Kennedy St Nw, WASHINGTON, DC
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501 Kennedy St Nw,

WASHINGTON, DC

$1,050,000

2,500 Sqft
0.05 Acres

INCREDIBLE DEVELOPMENT OPPORTUNITY ON KENNEDY STREET! Two MU-4 lots in an OPPORTUNITY ZONE with a total of 4632 sq ft lot size, up to 13,896 sq ft allowed above ground, are available in the vibrant and dynamic Kennedy Street corridor. Qualified investments may have all future gain TAX-FREE using the new tax laws; consult your tax advisor. Current sale prices per square foot are $450-550, so do the math-- there is up to $8.5M in revenue possible with this project (not guaranteed). The area is on fire with new development, restaurants, bars and even a grocery store just half a block away. DO NOT MISS THIS OPPORTUNITY to make your mark on the Kennedy Street landscape! Properties sold As-Is and no seller financing will be considered- cash due upon settlement.

Facts & Features
MLS® # DCDC458254
Price $1,050,000
Bathrooms 0.00
Square Footage 2,500
Acres 0.05
Year Built 1928
Type Commercial Sale
Sub-Type Mixed Use
Status Active Under Contract
Community Information
Address 501 Kennedy St Nw
Subdivision BRIGHTWOOD
City WASHINGTON
County WASHINGTON-DC
State DC
Zip Code 20011
Amenities
Is Waterfront No
Interior
Heating None
Cooling None
Has Basement No
Fireplace No
# of Stories 3
Exterior
Exterior Brick and Siding
School Information
District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Additional Information
Date Listed February 11th, 2020
Days on Market 14
Zoning MU-4
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Keller Williams Capital Properties
Photo of Richard Budden

Richard Budden

Cell: (443) 480-1181

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Listing information last updated on March 28th, 2020 at 10:16am EDT.