Mixed Use Commercial | Great DC Location Washington, DC

Property Location MAP

3923 12th St NE
Washington, DC 20017

Property #: FX7331

Contact Agent

Jeff Stein
Tranzon Fox

703-539-8111 jstein@tranzon.com

Documents

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Online auction of a stand-alone mixed-use building in walking distance to the Brookland/CUA Metro station. The property is currently operating as Michigan Park Cleaners and is being sold with all equipment and will be delivered without tenants. There is also a vacant 3-bedroom apartment on the upper level. The building is approximately 5,688 square feet which includes a 1,661 square foot unfinished basement and sits on a 4,163 square foot lot. The property is zoned MU-3A and R-1-B which allows a wide variety of commercial and residential uses; please see zoning use info provided in this package. The Phase I Environmental Assessment has recommended that based on the historical presence of an on-site dry cleaner, a sub-slab soil gas analysis be performed. These tests have been completed and the results are available for review in our office. Please do not hesitate to contact us with any questions.

Please be sure to view virtual tour. This tour shows multiple pictures from each room and includes “virtual floor plans” to assist in visualizing every area of the property. Hover your mouse over the red dots on the floorplan to change photos. Choose property level at top right.

Please be sure to download the Property Information Package by clicking on  “Download Now”. By downloading this package you will alert Tranzon Fox to your interest in this property and you will receive emails with any updates on this auction. The package contains information needed to participate in bidding at auction.

Directions:

Near Brookland Metro Station and Catholic University

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Jeff Stein

Jeff Stein: Tranzon Fox

703-539-8111 jstein@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 60-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: 10% deposit with a minimum deposit of $25,000 in guaranteed funds.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

1.    Go to www.tranzon.com/FX7331
2.    Login & register to bid online
3.    Download and review the Property Information Package
4.    Sign and return the page titled “Additional Terms & Conditions of Sale” to Tranzon
5.    Provide proof of $25,000 deposit to Tranzon.  Call us at 888-621-2110 to confirm
6.    You will receive an email that you are approved to bid
7.    Bid online beginning May 27th and ending June 17th

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