2710 12th St Ne, Washington, DC 20018

Listing agent ADRIAN K DUNGAN License #SP98371053

Listing office RLAH @PROPERTIES a***@gmail.com Show Phone

Listing date Aug 1, 2024

Source Corcoran

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Overview

This commercially zoned vacant lot presents an opportunity for an investor, builder, developer, restauranteur, or primary residence owner interested in house hacking. The property is suitable for a by-right project, potentially simplifying the process of adding to the housing stock. The lot is ideal for creating a potential 6-unit building, which could be sold as condos or held as a 6-unit apartment. Alternatively, one unit could be occupied while the others are rented or used as AirBnBs. The property could also be used to create a new restaurant. Advantages include no chimney setback issues, no adjoining property on either side that would cause a 10’ rule, the previous structure having already been demolished, eliminating that risk and cost, no required lengthy underpinning of adjoining structures, and an existing curb cut. Schematic Design phase with Cross Design Group is already paid for. The new structure would not connect to neighboring structures on either side. The architecture firm has determined there’s a total buildable square footage of 5,184 square feet if you go for the IZ bonus. The property is fenced off.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Washington

County

District of Columbia

State

District of Columbia

Longitude

-76.9906

Latitude

38.9247

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FAQs

What type of property is this?

Commercial land - Vacant lot suitable for development or restaurant use.

Where is this commercial land located?

The property is located at 2710 12th St Ne Washington, DC.

What is the asking price?

The asking price for this property is $564,200.

What are key features of this property?

This property features: Commercially zoned vacant lot suitable for a 6‑unit building or restaurant.; By‑right project avoids complexities associated with adding to DC housing stock.; Schematic Design phase with Cross Design Group already paid for.