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Key Details
Sold Price $1,375,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,904 sqft
Price per Sqft $352
Subdivision Ledroit Park
MLS Listing ID DCDC2037874
Sold Date 05/05/22
Originating Board BRIGHT
Year Built 1900
Annual Tax Amount $27,188
Tax Year 2021
Lot Size 2,143 Sqft
Acres 0.05
Property Description
REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Wednesday, March 23, 2022 Live On Site Auction - Friday, March 25, 2022 at 12:00 noon. List price is opening bid only.
621 Florida Avenue NW is located in the Ledroit Park neighborhood in Northwest Washington, D.C. To the immediate south is the Shaw neighborhood. Howard University and Howard University Hospital are immediately north. Ledroit Park is an historic community, named on the National Register in 1974, with impressive architecture and an exceedingly convenient location. The area has a robust, storied history dating back approximately 150 years, and has seen an impressive amount of development over the most recent decade. The property itself spent approximately 80 years as the home of Hall Brother's Funeral Home.
The auction affords an opportunity to purchase a large structure with permissive zoning in a rapidly developing area. Options for redevelopment abound, and include apartments, commercial use and a variety of mixed-use options. The property is also within a Federally designated Opportunity Zone, providing tax incentives for investors and developers.
Location
State DC
County Washington
Zoning MU-4
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 1.0
Water Access N
Accessibility None
Total Parking Spaces 1
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3092//0814
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Auction
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Bought with Ethan Arnheim • Central Properties, LLC,