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Listed by Ari Firoozabadi • Greysteel Company LLC
$ 745,000
Est. payment /mo
Active
1245 MARION BARRY RD SE Washington, DC 20020
2,392 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2247996
Year Built 1905
Annual Tax Amount $5,874
Tax Year 2025
Lot Size 2,392 Sqft
Acres 0.05
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
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.
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.
Location
State DC
County Washington
Zoning MU-7B
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5769//0830
Ownership Fee Simple
Special Listing Condition Standard
