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823-825 Kennedy St NW 4,494 SF 100% Leased Retail Building Washington, DC 20011 $1,771,822 CAD ($394.26 CAD/SF)



Investment Highlights
- .11 acres great for a multifamily development opportunity.
- small kitchen and office in 825 Kennedy St NW
- New A/C unit, 4 updated bathrooms
Executive Summary
Investor Alert!!! 825 and 823 Kennedy St NW are for sale. Both will be sold together only. Two building square footage total is 4494 on one level. Building is 31feet width and 144 feet depth, .11 acres. New ac and 10 foot ceilings. Situated in a high growth area undergoing active redevelopment on Kennedy St NW, in the Petworth area of DC. These properties are surrounded by new investment activity, including conversions to multifamily housing. The location continues to attract developers and investors looking to maximize value through strategic improvements. This is an excellent opportunity for buyers seeking to renovate, reposition, or explore multi use options such as multifamily potential while benefiting from the neighborhood's continued evolution and increasing demand. Buyer to verify zoning nd development potential. Excellent opportunity for value-add or multifamily conversion. Area supported by ongoing private and public investment.
Building is currently used as a Church and Fellowship hall. Can also be a variety of other retail classes.
Building is currently used as a Church and Fellowship hall. Can also be a variety of other retail classes.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
4,494 SF
Building Class
C
Year Built
1923
Price
$1,771,822 CAD
Price Per SF
$394.26 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.94
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
MU-4
Frontage
37’ on Kennedy St NW
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (70)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $471,373 CAD | |
| Land Assessment | $401,604 CAD | Total Assessment | $872,977 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$401,604 CAD
Improvements Assessment
$471,373 CAD
Total Assessment
$872,977 CAD
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823-825 Kennedy St NW
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