Development

Whoa, Electric Maid building for sale in Takoma!


264-268 Carroll Ave NW (I was in Takoma last month and snapped some photos while the spaces were being renovated.)

RIP Electric Maid?

Main Street Takoma shares a link to this shocking sale via Loopnet:

“264-268 Carroll Ave NW
4,000 SF 20% Leased Retail Building Washington, DC $2,500,000

Investment Highlights

Steps to Takoma Metro, shops, and surrounded by redevelopment 10,040 SF lot

4000 SF: commercial storefront + vacant 10-room, 3 BA house licensed as three apartments

Executive Summary
Mixed-use property with prominent street-front retail offers redevelopment opportunities adjacent to transit, shops, and new development in Takoma Park.
– Prominent limestone commercial storefront fronting signalized intersection
– Vacant 10-room, 3 BA house licensed as three apartment units
– 10,040 SF lot includes 8-car parking lot and 1,400 SF shed
– Property zoned Mixed-Use 4/Takoma Neighborhood NC-2 in Takoma Park Historic District
– Matter-of-right commercial uses include eating and drinking establishments, schools, performing arts, and places of worship”

STAY TUNED.