Building Details:
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.
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