$745,000 USD
202-869-1743
HIGHLIGHTS
- Corner lot mixed-use building at signalized intersection on Marion Barry Ave SE, steps from MLK Gateway & the highly anticipated 11th St Bridge Park
- Ace Cash Express just renewed their lease with a fresh 5-year Term starting April ‘26
- Vacant 2nd-gen commercial kitchen offers lease-up upside & is well suited for an O/U looking to offset monthly mortgage payments using existing Income
- Both residential units leased well below market with ~$1,000 per unit rent upside post-renovation.
- Located in an Opportunity Zone with significant tax advantages.
FOR SALE DETAILS
PRICE
$745,000 USD
PRICE/SF
$296 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Restaurant, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1905
SPRINKLERS
-
PARKING SPACES
4
LAND DETAILS
LAND ACRES
0.06 AC
LAND SF
2,493 SF
ZONING
MU-7B
APN/PARCEL ID
5769-0830
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202-869-1743
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202-869-1743
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