1429 Marion Barry Ave SE - Storefront Retail/Office FOR SALE
Washington, DC 20020 |
1429 Marion Barry Ave SE
Washington, DC 20020
HIGHLIGHTS
- Opportunity to acquire a 50% occupied commercial building on the recently renamed Marion Barry Avenue (formerly Good Hope Road)
- Suitable for an owner/user or investor interested in adding value through leasing
- Property qualifies for SBA financing and a qualifying buyer may take advantage of the DMPED Commercial property Acquisition Fund
- The second Level is occupied by three commercial tenants and the street Level was recently renovated and will be delivered vacant
- Located two blocks east of MLK Jr. Ave SE and at the intersection of Minnesota Ave SE
- Zoned MU-4 with an additional 6,129 SF of potential density for future redevelopment
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
4240
STORIES
2
YEAR BUILT
1931
SPRINKLERS
-
PARKING SPACES
2
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
5767-0313
