Description
SELLER WILL CONSIDER SOME SELLER FINANCING. Mixed- use property comprises a single family home and a building with three levels of commercial studio/retail/office space fronting Rhode Island Ave in MT Rainier's lively Gateway Arts District. The property presents an excellent opportunity for an owner-user to establish a prominent headquarters on Route 1, just 1/3 of a mile from the DC line. Nine space parking lot. Fifty six feet of frontage on RI Ave/RT 1 with 20,362 cars per day. Occupy the entire building or phase in occupancy, leasing the commercial studios or residential home to offset costs. Recent updates include: Roof - 2021, HVAC mini splits and condenser - 2019, hot water heater - 2018, first floor storefront glass - 2021, exterior painting and lighting - 2021, parking lot paving - 2021. Current tenants have short term or month-to-month leases, allowing the buyer to increase to market rent or to occupy units.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
Description
SELLER WILL CONSIDER SOME SELLER FINANCING. Mixed- use property comprises a single family home and a building with three levels of commercial studio/retail/office space fronting Rhode Island Ave in MT Rainier's lively Gateway Arts District. The property presents an excellent opportunity for an owner-user to establish a prominent headquarters on Route 1, just 1/3 of a mile from the DC line. Nine space parking lot. Fifty six feet of frontage on RI Ave/RT 1 with 20,362 cars per day. Occupy the entire building or phase in occupancy, leasing the commercial studios or residential home to offset costs. Recent updates include: Roof - 2021, HVAC mini splits and condenser - 2019, hot water heater - 2018, first floor storefront glass - 2021, exterior painting and lighting - 2021, parking lot paving - 2021. Current tenants have short term or month-to-month leases, allowing the buyer to increase to market rent or to occupy units.
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