3333 MARTIN LUTHER KING JR AVE SE Washington, DC 20032
4,260 SqFt
UPDATED:
01/13/2025 04:45 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,260 sqft
Price per Sqft $219
Subdivision Congress Heights
MLS Listing ID DCDC2174356
Originating Board BRIGHT
Year Built 1905
Annual Tax Amount $7,687
Tax Year 2023
Lot Size 6,374 Sqft
Acres 0.15
Property Description
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!
Location
State DC
County Washington
Zoning R2
Interior
Hot Water Electric
Heating None
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 6.0
Utilities Available Electric Available
Water Access N
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Ballou Senior
School District District Of Columbia Public Schools
Others
Tax ID 6004/E/0042
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
