$ 745,000
-
$745,000
Price -
2,712
SqFt -
0.05
Acre
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About the Listing GRYS1 - 136386
Corner lot with mixed-use building at signalized intersection on Marion Barry Avenue SE, steps from MLK Gateway and the highly anticipated 11th Street Bridge Park. Ace Cash Express just renewed their lease with a fresh 5-year Term starting April ‘26. Vacant second-generation commercial kitchen offers lease-up upside and is well suited for an owner-user looking to offset monthly mortgage payments using existing in-place income. Both residential units leased well below market with $1,000 per unit rent upside post-renovation. Located in an Opportunity Zone with significant tax advantages.
Listing Highlights for 1245 Marion Barry Rd SE
Status
Active
Days on Site
257
Property Type
Commercial Sale
MLS ®
DCDC2247996
Year Built
1905
Total Square Footage
2,712
Lot/Acreage
0.05
County
Washington
School District
District Of Columbia Public Schools
Interior Details
- Appliances:
- Air Cond: Central A/C
- Heating: Central
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: MU-7B
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $5,874
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Years
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Listing Location
Questions About..
1245 Marion Barry Rd SE Washington, DC 20020
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