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Tuesday, September 01, 2009

Buy Me: 1544 Ninth Street, Northwest

Thanks to Laura for pointing me to this listing (MLS No. DC7136611) regarding the advertised sale of 1544 Ninth Street, Northwest. You may recall that this building was most recently home to a pizza establishment, has been vacant for a few years, has been available for lease for quite some time now, and has been subject of purchase attempts/negotiations by the National Parks Service for years, as the NPS wants to incorporate this corner building into its Woodson site plans.

The asking price for the property is $975,000. The listing describes the property as follows:
Significant highly visible corner, 2blks to Shaw Metro. Was used commercially. New commercial user subject to zoning approval. Cafe,gym, boutique, salon etc could prosper here.Entry level 1s 1450 sq'; 2nd level is 1450 sq '; bsmt is 900 sq' Garden area is entered from Q St side.Exceptionally wide sidewalk. Needs renovation. New commercial uses subject to BZA approval.
It will be interesting to watch the disposition of this property. According to the online real property database, there is an outstanding tax balance on the property of about $85,741. Additionally, the property is was slated to be sold at the city's tax sale this month.

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