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Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 5
Approx. Age 1905
MLS® Number DCDC2213090

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

HUGE PRICE IMPROVEMNET. Prime Investment Opportunity: Vacant Mixed-Use Property in Certified Business Enterprise (CBE) Zone This exceptional three-level colonial building, located in a Certified Business Enterprise (CBE) Zone, offers unmatched potential for investors and developers. Whether you're considering a condo conversion, mixed-use development, or other creative ventures, this property is ready to bring your vision to life. Key Features: Location: Positioned on MLK Ave SE, a high-visibility corridor currently undergoing revitalization with a projected investment of $8, 516, 224.70. Located in an Opportunity Tax Zone, offering potential tax incentives for your investment. Easy access to major destinations, including I-295, U.S. Capitol, The White House, Gaylord National Resort, and more. Property Details: Building Size: 3, 929 sq. Ft. Lot Size: A larger-than-average 6, 374 sq. Ft., providing ample opportunities for redevelopment. First Floor: Ideal for retail or commercial use, complete with an unfinished basement offering additional space for expansion or storage. Second Floor: A spacious 3-bedroom, 2-bath unit with 10-ft ceilings, abundant natural light, and walk-in closets, making it perfect for residential or office use. Endless Possibilities: The property’s flexible layout and zoning make it suitable for a wide range of uses. From commercial ventures to residential conversions, this space is a blank canvas ready for transformation. Why Invest? Positioned in an area experiencing significant revitalization and growth. High foot and vehicle traffic along MLK Ave SE, ensuring visibility and accessibility. Close proximity to key government and commercial landmarks in Washington, DC. This is your chance to secure a valuable property in a rapidly developing area. With its combination of location, size, and potential, this mixed-use property is a rare find that won’t last long. SOLD AS-IS.NEED TO SIGN HOLD HARMLESS BEFORE VISITING PLEASE LET YOUR CLIENT SIGN IT Don’t miss out on this opportunity – schedule your showing today!Show Description
MLS® NumberDCDC2213090
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1905
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNone, Electric
A/CCentral A/C, Electric
Heating Fuel

Extras

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