Active
3333 Martin Luther King Jr Ave SE
Washington DC, 20032
$935,000
$219.48 per sqft
Active
4,260 sqft
Commercial
Built in 1905
Prime Investment Opportunity: Vacant Mixed-Use Property in Certified Business Enterprise (CBE) Zone
This exceptional three-level colonial building, located in a Certified Business Enterprise (CBE) Zone, offers unmatched potential for investors and developers. Whether you're considering a condo conversion, mixed-use development, or other creative ventures, this property is ready to bring your vision to life.
Key Features:
Location:
Positioned on MLK Ave SE, a high-visibility corridor currently undergoing revitalization with a projected investment of $8,516,224.70.
Located in an Opportunity Tax Zone, offering potential tax incentives for your investment.
Easy access to major destinations, including I-295, U.S. Capitol, The White House, Gaylord National Resort, and more.
Property Details:
Building Size: 3,929 sq. ft.
Lot Size: A larger-than-average 6,374 sq. ft., providing ample opportunities for redevelopment.
First Floor: Ideal for retail or commercial use, complete with an unfinished basement offering additional space for expansion or storage.
Second Floor: A spacious 3-bedroom, 2-bath unit with 10-ft ceilings, abundant natural light, and walk-in closets, making it perfect for residential or office use.
Endless Possibilities:
The property's flexible layout and zoning make it suitable for a wide range of uses. From commercial ventures to residential conversions, this space is a blank canvas ready for transformation.
Why Invest?
Positioned in an area experiencing significant revitalization and growth.
High foot and vehicle traffic along MLK Ave SE, ensuring visibility and accessibility.
Close proximity to key government and commercial landmarks in Washington, DC.
This is your chance to secure a valuable property in a rapidly developing area. With its combination of location, size, and potential, this mixed-use property is a rare find that won't last long.
SOLD AS-IS.
Don't miss out on this opportunity - schedule your showing today!
DCDC2174356
MLSⓇ ID
January 12, 2025
Listed
January 13, 2025
Updated
Map
3333 Martin Luther King Jr Ave SE
Washington DC, 20032
Interior Features
Appliances
Electric Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.15 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$7,687
Tax Frequency
Annually
Days on Market
2
Garage
No
Parking Total
6
View
No
County
WASHINGTON
Water Source
Public
Pool
No
Listed by Summer Realtors Inc
Listing Contact: 7032171200
The IDX display contains information sourced from the Bright MLS, Inc. as of 1/13/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 1/13/2025 at 6:37 PM UTC