NE, Washington, DC 20002 - retail-commercial property

Detailed information about retail-commercial property which situated in Washington (20002) city, District of Columbia state on NE.

Additional Information: 1-Story building located within 1 block from Rhode Island Avenue and within a short distance from the Rhode Island Avenue-Brentwood Metro station. The current use of the premises is as a liquor store. New retail/housing under contruction to be built next door. Rhode Island Avenue NE is a District of Columbia Government designated "Great Streets" corridor. The Great Streets Initiative is a multiple agency effort to transform under-invested corridors into thriving and inviting neighborhood centers using public actions and tools, as needed, to leverage new private investment. The corridor provides great access to downtown. It also is a commuter route which has the potential to capture retail dollars, but that also brings ignificant through traffic. There are several programs/tools provided by the City to support property owners and developers including Tax Increment Financing (TIF), Enterprise Zone tax credits and benefits, tax abatement programs among others.