3016 Martin Luther King Jr Ave SE - Office FOR SALE


Washington, DC 20032- Congress Heights
$1,350,000 USD
202-318-6800
3016 Martin Luther King Jr Ave SE, Washington, DC for Sale
$1,350,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

3016 Martin Luther King Jr Ave SE
Washington, DC 20032
Congress Heights


HIGHLIGHTS

  • Recently Renovated Turnkey Asset Ready for Immediate Occupancy
  • Minimal Deferred Maintenance | New Roof (2022), HVAC Units & Furnaces (2024)
  • Located at a Signalized Intersection with Open Floor Plans & Direct Access to I-295
  • Qualified HUBZone | Allowing Businesses to Unlock Federal Contracting Set-Asides
  • Proximate to the Congress Heights Metrorail Station & the 183-Acre St. Elizabeths East Redevelopment

OVERVIEW

Feldman Ruel is pleased to exclusively offer for sale 3016 Martin Luther King Jr. Avenue SE, a vacant, well-maintained, three-level, 4,530-square-foot office building situated on a 1,926-square-foot lot with MU-4 zoning. The subject property was recently renovated and is suitable for immediate occupancy by an owner-user or tenant. Major building systems have been proactively updated, including roof repair (2025) and new HVAC and furnaces (2024), reducing expected near-term capital expenditure requirements. The subject property’s flexible MU-4 zoning and open, adaptable floor plans support a range of strategies, including owner-occupancy and repositioning. 3016 Martin Luther King Jr. Avenue SE is located at a high-visibility hard corner with convenient access to I-295 and connectivity between Washington, D.C., Prince George’s County, and Northern Virginia. The subject property is located approximately one-half mile from the Congress Heights Metrorail station, which serves the Green Line, and is positioned to benefit from ongoing investment along the Green Line corridor.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,926 SF

ZONING

MU-4

APN/PARCEL ID

5952-0015

ASK ABOUT THIS PROPERTY

LaMarr DatcherFeldman RuelMore Info
202-318-6800

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LaMarr DatcherFeldman RuelMore Info
202-318-6800

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