1245 Marion Barry Rd Se, Washington, DC 20020

$745,000

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List Price
$745,000
Days on Market
152
Status
ACTIVE
MLS#
DCDC2247996
Lot Size (Acres)
0.05
Year Built
1905
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

Corner lot with mixed-use building at signalized intersection on Marion Barry Avenue SE, steps from MLK Gateway and the highly anticipated 11th Street Bridge Park. Ace Cash Express just renewed their lease with a fresh 5-year Term starting April ‘26. Vacant second-generation commercial kitchen offers lease-up upside and is well suited for an owner-user looking to offset monthly mortgage payments using existing in-place income. Both residential units leased well below market with $1,000 per unit rent upside post-renovation. Located in an Opportunity Zone with significant tax advantages.

Additional Information

Taxes
$5874
School District
District Of Columbia Public Schools
Heating
Central
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Greysteel Company LLC. Contact: 2022802722