For Sale
$935,000

3333 Martin Luther King Jr Ave Washington, DC 20032

Prime DC investment opportunity: High-visibility, revitalizing location.

Overview

Added:
Feb 3
Days on market:
84
This exceptional three-level colonial building, situated on Martin Luther King Jr Avenue SE in Washington, DC, presents a remarkable investment opportunity. Located in a Certified Business Enterprise (CBE) Zone and an Opportunity Tax Zone, this property offers significant tax incentives. The 4,260 square foot building sits on a 0.15-acre lot (6,374 sq ft), larger than average for the area, providing ample space for redevelopment. The first floor, ideal for retail or commercial use, includes an unfinished basement perfect for expansion or storage. Upstairs, a spacious three-bedroom, two-bathroom unit boasts 10-foot ceilings, abundant natural light, and walk-in closets, suitable for residential or office use. The property benefits from its high-visibility location on a revitalizing corridor with an $8,516,224.70 projected investment. Its proximity to I-295, the U.S. Capitol, The White House, and Gaylord National Resort ensures high foot and vehicle traffic. This flexible layout and zoning allow for diverse uses, from commercial ventures to residential conversions. The property is being sold as-is. This is a rare chance to acquire a valuable asset in a rapidly developing area of Washington, DC. Don't miss this chance to capitalize on the significant growth potential.

Property Details for 3333 Martin Luther King Jr Ave

Property type
Mixed-use properties
Square Feet
4,260 SF
Year Built
1905
Lot Size (sq. ft)
6,534 SF

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.84242
Longitude
-77.00307

FAQs

What type of property is this?
Mixed-use property - Prime DC investment opportunity: High-visibility, revitalizing location.
Where is the mixed-use property located?
The property is located at 3333 Martin Luther King Jr Ave Washington, DC.
What is the asking price?
The asking price for this property is $935,000.
How can I contact the broker?
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3333 Martin Luther King Jr Ave
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