School District: District Of Columbia Public Schools
Address: 4416 SOUTHERN AVE SE
State: District Of Columbia
DON” T MISS out on this licensed and actively operating liquor store on a very busy street on Southern Ave SE for just $850K. Very difficult and unusual to find a building with lucrative liquor store business in DC for that price.
The potential and possibilities are endless in this prime commercial space. This property also has a sizable lot facing Bowen Rd that can potentially be used to build another unit facing Bowen Rd. Buyer to do their own due diligence. Total gross lot is 3845 sq ft. Property is currently leased through November 2022 with a triple net lease agreement with a 5-year option for the current tenant as a liquor store space. Current tenant is paying a monthly rent is $3300 but will go up 3% annually after about a year. The liquor license to remain with the building.
Courtesy of: Brian Logan Real Estate Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 26th September, 2021 6:24 AM