DC > Washington
Washington, DC 20020,1512 GOOD HOPE (MARION BARRY AVE) RD SE
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Kornelia Stuphan

Kornelia Stuphan

+1(202) 669-5555
Listed by Stephen L Queen • Bennett Realty Solutions
$1,200,000
Est. payment /mo
2,416 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,416 sqft

Price per Sqft $496

MLS Listing ID DCDC2206574

Year Built 1966

Annual Tax Amount $4,782

Tax Year 2024

Lot Size 3,170 Sqft

Acres 0.07

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Prime mixed-use opportunity in the heart of Randle Heights! This standalone building in Randle Heights offers exceptional flexibility for investors, developers, or owner-occupants. The property features 2 kitchens and spacious rooms. Ideal for multi-family conversion, short-term rental, or live/work setup. Delivered vacant. This property provides immediate repositioning or occupancy potential. Located on a high-visibility corner along a major commuter route, the building sits within walking distance to public transportation, neighborhood amenities, and minutes from Downtown Anacostia, the Barry Farm redevelopment, and the future 11th Street Bridge Park. Zoned MU (Mixed-Use), the property supports a wide range of uses: retail, restaurant, convenience store, office suites, co-living, or residential rental. Situated in a designated Opportunity Zoned eligible for potential tax incentives. High foot and vehicle traffic, strong curb appeal, and ready to generate income. The roof is less than 2 years. This is a versatile investment property in one of D.C.'s most rapidly developing areas. PARKING INCLUDED makes this a rare find. Check on eligibility for the currently available Commercial Property Acquisition Fund that provides eligible businesses with down payment assistance of up to $500,000 or 25% of the sale price, whichever is less, for the acquisition of commercial property in the District of Columbia. This property isn't just a place of business—it's a strategic asset.
Key Features:
•

Location

State DC

County Washington

Zoning M-U4

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Heat Source Electric

Exterior

Garage Spaces 10.0

Water Access N

Accessibility None

Total Parking Spaces 10

Garage N

Building

Sewer Public Septic, Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5606//0814

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, Private, VA

Listing Terms Cash, Conventional, FHA, Private, VA

Financing Cash,Conventional,FHA,Private,VA

Special Listing Condition Standard

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Bright MLS (BMLS)

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agent

Kornelia Stuphan

+1(202) 669-5555

Team Lead | License ID: SP98368238

Team Lead License ID: SP98368238

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