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Attention investors and developers! A prime commercial property with MU-4 zoning is now available for sale in Trinidad, offering incredible potential. Currently, the building features a spacious retail unit on the first floor, a hair salon, and two residential units above. It also comes with three parking spaces in the rear. The property next door was redeveloped into a 10-unit building on a similar-sized lot. The new owner can bring a similar vision to life in this building because the Seller has the drawings of the redeveloped building next door and is willing to transfer them to the next owner! Located just blocks from the booming Union Market district and the planned redevelopment at Hechinger Mall, this property presents an exceptional buy-and-hold opportunity, or a potential condo project in a fast-growing neighborhood. Full architectural floor plans are available upon request for your convenience. Don't miss out on this unique investment opportunity in a rapidly appreciating area!
| DAYS ON MARKET | 27 | LAST UPDATED | 12/16/2024 |
|---|---|---|---|
| TRACT | TRINIDAD | YEAR BUILT | 1946 |
| COUNTY | WASHINGTON | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Dec 16, '24 | $1,300,000 |
|---|---|
| Dec 16, '24 - Today | $1,100,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Aluminum Siding, Brick |
| HEAT | Forced Air, Natural Gas |
| LOT | 2178 sq ft |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | TRINIDAD |
| TAXES | 9175 |
| UTILITIES | Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Street |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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