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2202 Martin Luther King Jr Ave SE
Washington, DC 20020
Commerce de détail Propriété À vendre


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Résumé de l'annonce
Positioned within DC’s historic Anacostia neighborhood, 2202 Martin Luther King Jr Ave SE offers a premier mixed-use investment and redevelopment opportunity in one of the city’s most dynamic growth corridors. This property resides in a federally designated Opportunity Zone, providing significant tax advantages for investors seeking long-term capital gains deferral or repositioning strategies.
Located just half a mile from the Anacostia Metro (Green Line) and adjacent to the 700,000+ SF St. Elizabeths East federal campus, the site benefits from strong connectivity to Downtown DC, Capitol Hill, and regional employment centers. Within a short walk are key developments representing over $1 billion of public and private investment, including Skyland Town Center, CareFirst Arena, and the future 11th Street Bridge Park.
Zoned MU-7B, the property supports ground-floor retail with multi-story residential or mixed-use construction above and allows for building up to 9,912 SF with an IZ bonus and 65-foot height limit. Two existing tenants provide stabilized income, with an estimated 36% NOI upside upon renewal to market rents. This dual-track investment offers flexibility for income generation or long-term redevelopment.
Located just half a mile from the Anacostia Metro (Green Line) and adjacent to the 700,000+ SF St. Elizabeths East federal campus, the site benefits from strong connectivity to Downtown DC, Capitol Hill, and regional employment centers. Within a short walk are key developments representing over $1 billion of public and private investment, including Skyland Town Center, CareFirst Arena, and the future 11th Street Bridge Park.
Zoned MU-7B, the property supports ground-floor retail with multi-story residential or mixed-use construction above and allows for building up to 9,912 SF with an IZ bonus and 65-foot height limit. Two existing tenants provide stabilized income, with an estimated 36% NOI upside upon renewal to market rents. This dual-track investment offers flexibility for income generation or long-term redevelopment.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Bien à usage mixte
Taille du bâtiment
2 106 pi²
Classe d’immeuble
C
Année de construction
1909
Prix
1 787 437 $ CAD
Prix par pi²
848,74 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,97
Taille du lot
0,05 AC
Zone de développement économique
Oui
Zonage
MU-7
Façade
23’ sur Martin Luther King Jr Ave
Impôts fonciers
| Numéro de lot | 5791-0011 | Évaluation des bâtiments | 569 205 $ CAD |
| Évaluation du terrain | 201 725 $ CAD | Évaluation totale | 770 930 $ CAD |
Impôts fonciers
Numéro de lot
5791-0011
Évaluation du terrain
201 725 $ CAD
Évaluation des bâtiments
569 205 $ CAD
Évaluation totale
770 930 $ CAD
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