3333 Martin Luther King Jr SE Ave Washington, DC 20032-1541

Property Details for 3333 Martin Luther King Jr SE Ave

Year built

1905

Construction

BRICK

Lot size

0.15 lot acres

Property size

4,260 SF

Zone code

R-2

Property type

Commercial real estate

APN

6004 E 0042

APU

6004E0042

Description

This exceptional three-level colonial building, situated on Martin Luther King Jr Avenue SE in Washington, DC, presents a remarkable investment opportunity. Located in a Certified Business Enterprise (CBE) Zone and an Opportunity Tax Zone, this property offers significant tax incentives. The 4,260 square foot building sits on a 0.15-acre lot (6,374 sq ft), larger than average for the area, providing ample space for redevelopment. The first floor, ideal for retail or commercial use, includes an unfinished basement perfect for expansion or storage. Upstairs, a spacious three-bedroom, two-bathroom unit boasts 10-foot ceilings, abundant natural light, and walk-in closets, suitable for residential or office use. The property benefits from its high-visibility location on a revitalizing corridor with an $8,516,224.70 projected investment. Its proximity to I-295, the U.S. Capitol, The White House, and Gaylord National Resort ensures high foot and vehicle traffic. This flexible layout and zoning allow for diverse uses, from commercial ventures to residential conversions. The property is being sold as-is. This is a rare chance to acquire a valuable asset in a rapidly developing area of Washington, DC. Don't miss this chance to capitalize on the significant growth potential.