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1924 Martin Luther King Jr Ave SE 3,409 SF 100% Leased Retail Building Washington, DC 20020 $1,194,505 CAD ($350.40 CAD/SF)



Executive Summary
A rare chance to acquire a well-positioned mixed use building in one of D.C.'s fastest-growing submarkets. Located directly on Martin Luther King Jr. Avenue in the heart of Anacostia, this recently expanded, historic property offers over 3,400 square feet across two levels — delivered as a shell, ready for a full buildout to suit an owner-user, investor, or future tenant's vision.
The floor plan offers flexibility for retail, office, or a combination of both, with the option to configure the building as a single-use space or divide by floor to maximize leasing potential and income diversification.
Surrounded by an established amenity base — including Capital One Bank, Starbucks, and Busboys and Poets — the property benefits from steady daytime and neighborhood foot traffic, supporting long-term tenant demand.
Anacostia is in the midst of a significant growth cycle, with 17 active developments underway between Anacostia and Buena Vista. Momentum continues to build with the upcoming groundbreaking of the 11th Street Bridge Park, the completed first phase of MLK Gateway, and WACIF's planned headquarters relocation to the Anacostia Arts Center — all signaling sustained investment and rising demand in the corridor.
This is a compelling opportunity to acquire a piece of Anacostia's evolving commercial landscape at an early stage of its revitalization, with strong upside as the neighborhood continues to develop.
The floor plan offers flexibility for retail, office, or a combination of both, with the option to configure the building as a single-use space or divide by floor to maximize leasing potential and income diversification.
Surrounded by an established amenity base — including Capital One Bank, Starbucks, and Busboys and Poets — the property benefits from steady daytime and neighborhood foot traffic, supporting long-term tenant demand.
Anacostia is in the midst of a significant growth cycle, with 17 active developments underway between Anacostia and Buena Vista. Momentum continues to build with the upcoming groundbreaking of the 11th Street Bridge Park, the completed first phase of MLK Gateway, and WACIF's planned headquarters relocation to the Anacostia Arts Center — all signaling sustained investment and rising demand in the corridor.
This is a compelling opportunity to acquire a piece of Anacostia's evolving commercial landscape at an early stage of its revitalization, with strong upside as the neighborhood continues to develop.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,409 SF
Building Class
C
Year Built
1915
Price
$1,194,505 CAD
Price Per SF
$350.40 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.12
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
MU-7 - Permit medium-density mixed-use development
Frontage
23’ on Martin Luther King Jr Ave
Amenities
- 24 Hour Access
- Air Conditioning
Very walkable
80/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5769-1018 | Improvements Assessment | $298,401 CAD |
| Land Assessment | $262,271 CAD | Total Assessment | $560,673 CAD |
Property Taxes
Parcel Number
5769-1018
Land Assessment
$262,271 CAD
Improvements Assessment
$298,401 CAD
Total Assessment
$560,673 CAD
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1924 Martin Luther King Jr Ave SE
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