Bodega Alert: Fairmont Market For Sale

fairmont market
11th and Fairmont St, NW

“Dear PoPville,

I know you’ve posted a few times about the Fairmont Market and just wanted to give you a heads up that the owner recently put it up for sale:

“2628 11TH ST NW
$890,000

INVESTOR ALERT!! OUTSTANDING OPPORTUNITY FOR DEVELOPERS! New condominium developments nearby which includes both Retail and Residential buildings. Corner storefront with unlimited possibilities. In the heart of a developing Columbia Heights, close proximity to Howard University, Metro and Bus Stop in Front of the subject property. Owner will convey ABRA Class B license. Sold As Is”

7 Comment

  • Does anyone know if this really has opportunities other than keeping it as a corner store? And can anyone tell if this sale includes the big grassy patch next door?

    • DC’s property mapping system (Atlas Plus) shows building+grass as one lot and property database lists the lot size as 1780 sq ft, which is way bigger than the footprint of the building so I’m pretty sure the grassy patch comes with it. It’s zoned as commercial so could be other type of store, restaurant, etc. Others will need to weigh in on the likelihood of getting this zoning changed if you wanted to. Others would also need to weigh in on the lot usage regs and whether you could tear the building down and build something way larger, using all the grassy space.

      • It’s technically zoned RF-1. You can read about it here: http://handbook.dcoz.dc.gov/zones/residential/residential-flat/rf-1/

      • To clarify though, it’s not a good lot because of it’s size and the setbacks/limitations on what you could build there. It’s bigger than the lots directly next to it on 11th, but smaller than the lots of most of the other buildings in that area. RF-1 has a 20′ set back requirement, which appears to be satisfied by the green space next to it. Hard to gauge the height, but RF-1 has a 35′ limit for residential, so hard to get a third floor added.
        .
        The price needs to come down for this be worth developing. Last year, a house sold on the 1300 block of Columbia for $700k (2x $350k for two units) that was a 4 story with a deep yard. Needed as much work as this one. There’s no way I’d pay $890k – what ever you put on it is probably only going to command just north of $900k when you sell it.

  • Support your local business apparently means “OMG ONCE THEY GO UNDER POP UP MATERIAL!”

  • Didn’t they have some major plumbing disaster recently? Pretty sure I remember coming up 11th to see water gushing out of somewhere in or under that building. That could be why it’s suddenly up for sale.