1930 Martin Luther King Jr Ave Se, Washington, DC 20020

$895,000

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List Price
$895,000
Status
ACTIVE
MLS#
DCDC2285510
Lot Size (Acres)
0.05
Year Built
1905
County
Washington
School District
District Of Columbia Public Schools

Property Description

PRIME MIXED-USE INVESTMENT OPPORTUNITY IN HISTORIC ANACOSTIA CORRIDOR..1930 Martin Luther King Jr. Ave SE, Washington, DC 20020 - UNLOCK MAXIMUM POTENTIAL: Highly Versatile MU-7 Zoning in a Thriving Historic Transit Corridor. Positioned in the heart of Washington, D.C.’s historic Anacostia neighborhood, 1930 Martin Luther King Jr. Ave SE offers an exceptional opportunity for investors, developers, or owner-users. This highly visible property benefits from a strategic location on a primary commercial artery, placing it at the epicenter of Southeast D.C.'s ongoing economic revitalization. STRATEGIC ZONING & DEVELOPMENT POTENTIAL...Featuring flexible MU-7B (Mixed-Use) zoning, the property offers an array of immediate and long-term value-add strategies: MEDIUM-DENSITY ALLOWANCES: Features a robust Floor Area Ratio (FAR of 4.0, expandable to 4.8 with Inclusionary Zoning) and permits building heights up to 65 feet...FLEXIBLE MATTER-OF-RIGHT USES: Broad zoning permissions support general commercial retail, medical or corporate offices, food and beverage concepts, or a multi-family vertical expansion...TRANSIT-ORIENTED CORRIDOR: Ideally suited for a vibrant ground-floor retail presence with high-density residential units above, capitalizing on the area's strong foot traffic...LOCATION & NEIGHBORHOOD HIGHLIGHTS: Historic Charm: Situated within the Anacostia Historic District, offering a unique architectural identity that blends seamlessly with modern community growth...EXCELLENT CONNECTIVITY: Enjoys seamless access to I-295, the Suitland Parkway, and is minutes away from the Anacostia Metro Station (Green Line) and multiple major bus routes...Proximity to Innovation: Located just across the river from the Navy Yard and Capitol Riverfront, and a short distance from the multi-billion-dollar St. Elizabeths East redevelopment...INVESTMENT HIGHLIGHTS: High Visibility: Commanding presence on Martin Luther King Jr. Ave SE, driving excellent brand and signage exposure...FLEXIBLE LAYOUT: Perfect for a single corporate occupier, a multi-tenant retail/office split, or a complete value-add mixed-use redevelopment...Growth Submarket: Take advantage of competitive entry pricing in one of Washington D.C.'s fastest-evolving commercial corridors...Contact listing broker to reserve your Tour.

Additional Information

Subdivision
Anacostia Historic District
School District
District Of Columbia Public Schools
Heating
Forced Air
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Listing courtesy of CENTURY 21 Commercial New Millennium. Contact: