The owners of the series of lots along Potomac Avenue between Eighth and Ninth have announced a Sealed Bid Sale
for the properties, with a due date of March 15, 2009. The offering
, which includes the building at Eighth and Potomac
where the Quizno's is located, the boarded-up brown apartment building
at Ninth and Potomac, and all the land in between (totaling .81 acre), is being handled by an affiliate of Lincoln Property Company. The current owners are the ICP Group, which purchased all these properties in early 2006 for $9 million
, and had put them on the market earlier this year
, apparently without success. ICP are also the folks who tried to get the Admiral Condo project off the ground at Eighth and Virginia, but are now disentangling themselves from that project (now an office development) as well.