Description
Priced to sell ahead of the Federal Reserve Board meeting. Welcome to the Rhode Island Ave business corridor. The building is 4400 Sq Ft. Zoned MU-4 with an open-concept in the heart of the Woodridge neighborhood. Bring your vision and your best offer. The property is being sold as- is. The property is fully marketable with a 2.5 FAR (3.0 IZ), the asset sits on a lot roughly 2200 Sq Ft. Rental income for the asset on average is $35/per sq foot trading on average at a 7.0% CAP rate. Please bring your vision and your best and final offer. Seller will review and accept offers as they are presented.
-
0BEDS
-
0.05ACRES
-
0BATHS
-
01/2 BATHS
Description
Priced to sell ahead of the Federal Reserve Board meeting. Welcome to the Rhode Island Ave business corridor. The building is 4400 Sq Ft. Zoned MU-4 with an open-concept in the heart of the Woodridge neighborhood. Bring your vision and your best offer. The property is being sold as- is. The property is fully marketable with a 2.5 FAR (3.0 IZ), the asset sits on a lot roughly 2200 Sq Ft. Rental income for the asset on average is $35/per sq foot trading on average at a 7.0% CAP rate. Please bring your vision and your best and final offer. Seller will review and accept offers as they are presented.
©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 Horne & Horne of RE/MAX Advantage Realty. 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: 2022-05-20T23:52:52.17.