1300 Marion Barry Ave Washington, DC 20020
- Office Properties & Spaces
- 14,700 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1300 Marion Barry Ave
- Year built
- 1927
- Property size
- 14,700 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
This exceptional 14,700-square-foot creative office building, located at 1300 Marion Barry Avenue SE in Washington, DC's vibrant Anacostia neighborhood, presents a unique opportunity for owner-users or investors. The property boasts a prime 9,447-square-foot corner lot with ample parking for 10 vehicles. Built in 1927, this three-story Class C building is currently vacant, offering immediate occupancy. Its MU-4 zoning allows for a wide range of commercial and even residential uses, presenting significant upside potential. Situated in the high barrier-to-entry Anacostia Historic District, this property benefits from extremely low submarket vacancy rates (below 3%), promising strong rental income for investors. The location is highly convenient, just 0.5 miles from the Anacostia Green Line Metro station. This Qualified Opportunity Zone investment offers a compelling combination of immediate usability and long-term development potential, making it an ideal choice for those seeking a foothold in a rapidly growing and desirable area. The building's 14,700 square feet are spread across three stories, offering flexibility for various business needs. The property's existing infrastructure and zoning provide a solid foundation for either immediate occupancy or future expansion and redevelopment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -76.9868
- Latitude
- 38.8673
