2019 Bunker Hill Rd NE - Storefront FOR SALE


Washington, DC 20018- Michigan Park
$695,000 USD
202-302-0438
2019 Bunker Hill Rd NE, Washington, DC for Sale
$695,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

2019 Bunker Hill Rd NE
Washington, DC 20018
Michigan Park


OVERVIEW

This commercial property in the Michigan Park subdivision presents a compelling investment opportunity. Built in 1937, the brick structure offers a solid foundation with average condition, making it suitable for various business ventures or potential renovations. The property features a driveway for convenient parking, enhancing accessibility for clients and customers. Located in a diverse area with growth potential, this property benefits from its strategic positioning, attracting foot traffic and increasing visibility. The absence of an association fee allows for greater flexibility in management and operational costs. Investors can capitalize on the area's development trends, with potential for appreciation and rental income. The property's average condition provides a canvas for value-add improvements, which can significantly enhance returns. This is an ideal opportunity for those looking to expand their portfolio in a promising market.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$1,093 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,991 SF

ZONING

MU-3

APN/PARCEL ID

4230-0037

ASK ABOUT THIS PROPERTY

Ethan CarsonCompassMore Info
202-302-0438

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Ethan CarsonCompassMore Info
202-302-0438

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.