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    3333 Martin Luther King Jr Avenue SE

    WASHINGTON, DC 20032
    • $1,350,000
    • STATUS: Active
    • ON SITE: 5 days
    • ID#: DCDC2005216
    UPDATED: 37 min ago
    $1,350,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1905
    County:

    School Ratings & Info

    Description

    VACANT! THREE LEVEL COLONIAL READY FOR CONDO CONVERSION, MIXED USE OR OTHER USES . DC revitalization of MLK AVE SE FROM 4TH ST IS PROJECTED TO SPEND$8,516,224.70.INVESTORS AND CONDO DEVELOERS THIS IS YOUR CHANCE TO GET IN AND DEVELOP THIS AMAZING PROPERTY. IT IS VACANT. THREE LEVELS. FIRST FLOOR RETAIL WITH BASEMENT AND AN APARTMENT ON THE TOP FLOOR. THE FIRST FLOOR REATAIL SPACE IS 81FT BY 30 FT, IT IS HUGE. IT CAN BE SUBDIVIDED TO ADD TWO UNITS. THE BASEMENT IS UNFINISHED AND SPACIOUS. Larger than normal lot 6374 SF. Building size of 3929 SF. Retail space and three bedroom home was A cash flow cash cow and brought IN $91,000 yearly income for the owner. The retail store was NNN.This property is ideal for retail , convenient store, carry out or office use , since it has a large lot in the back it can also be used as a daycare. The upstairs unit was rented for $3200 per month. The convenience store was rented for $4400 NNN. For the investor, this is your Opportunity to convert the retail space into an apartment and extend one floor up. Parking for over 10 cars in the back of the building.YOU CAN DEVELOPE THIS BUILDING AND create a great condo that has great visibility along MLK Jr. Avenue with easy access to I-295 and the US Capitol, GAYLORD, THE WHITE HOUSE AND less than two miles to JBABA. Call Summer of Summer Realtors for showing

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dart Homes | Re/Max Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-25T22:51:04.68.
    www.darthomes.com/homes/119454049
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    3333 Martin Luther King Jr Avenue SE WASHINGTON, DC 20032

    • Price: $1,350,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: DCDC2005216
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1905
    Built
    County:
    Washington
    School District:
    District Of Columbia Public Schools
    Property Description
    VACANT! THREE LEVEL COLONIAL READY FOR CONDO CONVERSION, MIXED USE OR OTHER USES . DC revitalization of MLK AVE SE FROM 4TH ST IS PROJECTED TO SPEND$8,516,224.70.INVESTORS AND CONDO DEVELOERS THIS IS YOUR CHANCE TO GET IN AND DEVELOP THIS AMAZING PROPERTY. IT IS VACANT. THREE LEVELS. FIRST FLOOR RETAIL WITH BASEMENT AND AN APARTMENT ON THE TOP FLOOR. THE FIRST FLOOR REATAIL SPACE IS 81FT BY 30 FT, IT IS HUGE. IT CAN BE SUBDIVIDED TO ADD TWO UNITS. THE BASEMENT IS UNFINISHED AND SPACIOUS. Larger than normal lot 6374 SF. Building size of 3929 SF. Retail space and three bedroom home was A cash flow cash cow and brought IN $91,000 yearly income for the owner. The retail store was NNN.This property is ideal for retail , convenient store, carry out or office use , since it has a large lot in the back it can also be used as a daycare. The upstairs unit was rented for $3200 per month. The convenience store was rented for $4400 NNN. For the investor, this is your Opportunity to convert the retail space into an apartment and extend one floor up. Parking for over 10 cars in the back of the building.YOU CAN DEVELOPE THIS BUILDING AND create a great condo that has great visibility along MLK Jr. Avenue with easy access to I-295 and the US Capitol, GAYLORD, THE WHITE HOUSE AND less than two miles to JBABA. Call Summer of Summer Realtors for showing
    Exterior Features

    Construction Materials BrickBlock Garage YN No Parking Types Parking Lot Riparian Rights YN No Soil Types Unknown Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 4260.00 Cooling Central A/C Heating Central Heating YN Yes Net Square Feet 3929.00

    Property Features

    Accessibility Features Other Assessment Year 2020 Association YN No Business Type Apartment BuildingDay Care FacilityConvenience Store/GasFlexFuneral HomeHair Salon And SpaHealth ClubMedicalRestaurant/Bar Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 800869873924 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 9154.00 Tax Assessment Amount 569130.00 Tax Lot 42 Vacation Rental YN No Water Source Public Zoning R-2

    Listing courtesy of Summer Realtors Inc.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Dart Homes | Re/Max Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-25T22:51:04.68.
     
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