301 New York NE Ave Washington, DC 20002-7015

Property Details for 301 New York NE Ave

Year built

1987

Construction

BRICK

Lot size

1.28 lot acres

Property size

45,879 SF

Zone code

PDR-1

Property type

Warehouses

APN

3587 0002

APU

35870002

Description

This exceptional 3,205-square-foot commercial property, situated on a 0.04-acre lot at 301 New York Avenue NW in Washington, D.C. (zip code 20001), presents a unique investment opportunity for developers and visionaries. Currently configured as a two-unit building, the property is ripe for redevelopment. Its prime location near I-395 offers unparalleled visibility and accessibility, making it ideal for a variety of uses. The existing structure requires significant renovation or demolition, providing a blank canvas for ambitious projects. The versatile layout and generous lot size allow for extensive redevelopment options, including the construction of multi-story buildings or expanded commercial facilities. This property is perfect for those seeking to capitalize on its high-traffic location and create a modern, multi-use complex. The net rentable area is 3,205 square feet, and the property is offered for sale at $1,600,000 with a net lease type. This is a chance to create a high-demand property in a thriving area with significant potential for increased value through strategic renovations or a complete rebuild. The property's location offers easy access to major transportation routes, ensuring high visibility and convenient access for potential tenants and customers. This is an owner/user investment opportunity with significant upside potential.

Location Insight

City

Washington

County

District Of Columbia

State

DC

Longitude

-76.9999

Latitude

38.9102

CBSA code

47900

CBSA name

WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments