3901 Martin Luther King Jr Ave SW - Office FOR SALE


Washington, DC 20032
$900,000 USD
202-318-6800
3901 Martin Luther King Jr Ave SW, Washington, DC for Sale
$900,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

3901 Martin Luther King Jr Ave SW
Washington, DC 20032


HIGHLIGHTS

  • Excellent Opportunity for a Full-, Partial, or Live/Work User | Delivered 100% Vacant
  • Renovated in 2018 Including New Roof, Flooring, Water Heater, and Numerous Cosmetic Improvements
  • Corner Lot Along the Most Heavily Trafficked Corridor in Congress Heights
  • Situated in a HUB Zone which Provides Advantages to Local Businesses
  • Less than One-Quarter Mile from I-295

OVERVIEW

Feldman Ruel Urban Property Advisors is pleased to present 3901 Martin Luther King Jr Avenue SW, a three-level, 3,126-square-foot, mixed-use property that will be delivered 100% vacant. The subject property offers an ideal opportunity for both owner-users and investors due to its configuration, which includes both commercial and residential units, each featuring separate entrances as well as the potential for outdoor space. Additionally, the subject property is located in a Historically Underutilized Business (HUB) Zone.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,850 SF

ZONING

R-2

APN/PARCEL ID

6149-0802

ASK ABOUT THIS PROPERTY

Adam CostanzoFeldman RuelMore Info
202-318-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Adam CostanzoFeldman RuelMore Info
202-318-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.