2202 Martin Luther King Jr Ave SE - Storefront Retail/Office FOR SALE


Washington, DC 20020- Anacostia
$1,295,000 USD
202-528-0338
2202 Martin Luther King Jr Ave SE, Washington, DC for Sale
$1,295,000 USD
Storefront Retail/Office - FOR SALE
1/2
null | Request Cap Rate

2202 Martin Luther King Jr Ave SE
Washington, DC 20020
Anacostia


OVERVIEW

Positioned within DC’s historic Anacostia neighborhood, 2202 Martin Luther King Jr Ave SE offers a premier mixed-use investment and redevelopment opportunity in one of the city’s most dynamic growth corridors. This property resides in a federally designated Opportunity Zone, providing significant tax advantages for investors seeking long-term capital gains deferral or repositioning strategies. Located just half a mile from the Anacostia Metro (Green Line) and adjacent to the 700,000+ SF St. Elizabeths East federal campus, the site benefits from strong connectivity to Downtown DC, Capitol Hill, and regional employment centers. Within a short walk are key developments representing over $1 billion of public and private investment, including Skyland Town Center, CareFirst Arena, and the future 11th Street Bridge Park. Zoned MU-7B, the property supports ground-floor retail with multi-story residential or mixed-use construction above and allows for building up to 9,912 SF with an IZ bonus and 65-foot height limit. Two existing tenants provide stabilized income, with an estimated 36% NOI upside upon renewal to market rents. This dual-track investment offers flexibility for income generation or long-term redevelopment.

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$615 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

MU-7

APN/PARCEL ID

5791-0011

ASK ABOUT THIS PROPERTY

Jonathan WilsonDemers Real Estate, Inc.More Info
202-528-0338

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Jonathan WilsonDemers Real Estate, Inc.More Info
202-528-0338

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