1924 Benning Rd NE - Office/Residential FOR SALE
Washington, DC 20002 |
$950,000 USD
202-869-1743
1924 Benning Rd NE
Washington, DC 20002
HIGHLIGHTS
- Recently renovated, perfect for owner-users to occupy the ground floor while benefiting from residential leasing income
- Two Residential Units Above: Generate rental revenue with the opportunity for future upgrades or lease enhancements
- Current owner is open to a sale/leaseback of the office space, allowing investors to collect income from day 1 while repositioning residential units
- Significant Future Development Potential: Favorable mixed-use zoning with substantial unused density for expansion or redevelopment
- Highly Visible Location: Located just off the high-traffic 5-way intersection of H Street, Bladensburg Rd, Benning Rd, and Maryland Ave
- Location Factors: The property benefits from strong foot traffic and proximity to Hechinger Mall and the DC Streetcar
FOR SALE DETAILS
PRICE
$950,000 USD
PRICE/SF
$405 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Office/Residential
ADD'L SUBTYPES
Storefront Retail/Office, Storefront Retail/Residential, Loft/Creative Space
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
B
YEAR BUILT
1925
SPRINKLERS
-
PARKING SPACES
2
LAND DETAILS
LAND ACRES
0.03 AC
LAND SF
1,307 SF
ZONING
MU-5A
APN/PARCEL ID
4506-0809
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202-869-1743
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202-869-1743
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