1930 MARTIN LUTHER KING JR AVENUE, Washington, District Of Columbia, United States, 20020
895,000
for Sale
2,251
About the property:
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.
- Property Type:
- Office
- Status:
- for Sale
- Acres:
- 0.05
- Square Feet:
- 2678
- Heating Type:
- 0
- Cross Street:
- U St SE
- Directions:
- Southeast Submarket of Washington DC Office Market. Property located at 1930 Martin Luther King Jr Ave SE between Marion Barry Ave SE and U St SE.
- Is Art:
- Yes
- Is Building:
- Yes
- Is Food:
- Yes
- Is I C I:
- Yes
- Is Inn:
- Yes
- Is Investment:
- Yes
- Is Land:
- Yes
- Is Multiple:
- Yes
- Is Multi Family:
- Yes
- Is Multi Tenant:
- Yes
- Is Market:
- Yes
- Is Media:
- Yes
- Is Medical:
- Yes
- Is Mix:
- Yes
- Is Office:
- Yes
- Is Retail:
- Yes
- Is Unit:
- Yes
- Listing ID:
- DCDC2285510
Rooms
Dimensions
Brokered by:
Century 21 Commercial New Millennium
Presented By: