The Excellence of living in Wrapche

1245 MARION BARRY ROAD SE

WASHINGTON , DC 20020

MLS#: DCDC2247996

$745,000

Status: Active
Listing number: DCDC2247996
Listing provided by: Greysteel Company LLC
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1905

Sq.Footage

N/A

Corner lot with mixed-use building at signalized intersection on Marion Barry Avenue SE, steps from MLK Gateway and the highly anticipated 11th Street Bridge Park. Ace Cash Express just renewed their lease with a fresh 5-year Term starting April ‘26. Vacant second-generation commercial kitchen offers lease-up upside and is well suited for an owner-user looking to offset monthly mortgage payments using existing in-place income. Both residential units leased well below market with $1,000 per unit rent upside post-renovation. Located in an Opportunity Zone with significant tax advantages.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $745,000

  • Tax Amount

    $5,874

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    830

  • Water Source

    Public

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Location

County

WASHINGTON

Elementary School

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Listing Courtesy of Ari Firoozabadi , Greysteel Company LLC

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Agent Kornelije Josić

The Boss

Kornelije Josić

Call Kornelije today to schedule a private showing.

(607) 323-3248

kornelije.josic@init.hr


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Corner lot with mixed-use building at signalized intersection on Marion Barry Avenue SE, steps from MLK Gateway and the highly anticipated 11th Street Bridge Park. Ace Cash Express just renewed their lease with a fresh 5-year Term starting April ‘26. Vacant second-generation commercial kitchen offers lease-up upside and is well suited for an owner-user looking to offset monthly mortgage payments using existing in-place income. Both residential units leased well below market with $1,000 per unit rent upside post-renovation. Located in an Opportunity Zone with significant tax advantages.

1245 MARION BARRY ROAD SE

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