2401 MARTIN LUTHER KING JR AVE SE Washington, DC 20020
5,784 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
Square Footage 5,784 sqft
Price per Sqft $242
MLS Listing ID DCDC2176130
Originating Board BRIGHT
Year Built 1931
Annual Tax Amount $11,359
Tax Year 2024
Lot Size 3,250 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Property Description
Unlock the potential of this newly renovated 2-level mixed-use building located in the vibrant and evolving Barry Farms community in Washington, D.C. Whether you're an investor looking to expand your portfolio or someone seeking a dual-purpose property, this gem offers both commercial and residential flexibility to suit your needs. The first-floor grocery store is a steady income-generator, currently leased through October 31, 2026. With its prime location and established tenant, this space provides a hassle-free revenue stream from day one. The second-floor apartment is move-in ready, featuring brand-new cabinetry, modern appliances, sleek flooring, and fresh paint throughout. Whether you're planning to rent it out or move in yourself, this updated space is perfect for comfortable city living.
Need storage? The spacious basement offers plenty of room for your inventory, tools, or anything else you might need to tuck away.
This is your chance to invest in the dynamic Barry Farms neighborhood and secure a property that offers both immediate income and long-term potential. Don't wait—schedule your showing today and seize this opportunity!
Location
State DC
County Washington
Zoning MIXED USE
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5789//0017
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard

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