UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,246 sqft
Price per Sqft $269
MLS Listing ID DCDC2211972
Year Built 1950
Available Date 2025-07-30
Annual Tax Amount $2,634
Tax Year 2024
Lot Size 3,440 Sqft
Acres 0.08
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
The location is pure growth story: a five-minute stroll to the Green Line at Congress Heights Metro and the 4,200-seat Entertainment & Sports Arena, home of the Washington Mystics and practice hub for the Wizards. The building also stands within the 5-million-square-foot, $1 B+ St. Elizabeths East redevelopment, now adding retail villages, 400+ new residences and the $375 M Cedar Hill Regional Medical Center.
At roughly 2,640 SF of rentable interior space, the property's efficient footprint promises strong cash flow while limiting operating expenses. Delivered 100 % vacant and free of TOPA complications, investors can launch leasing or a master-lease strategy on day one.
Whether you're targeting stabilized workforce housing, co-living, subsidized housing opportunities, or a value-add exit, this turnkey asset offers scale, modern systems and a catalytic neighborhood, all at a price point rarely seen inside the District.
C of O, Basic Business License, and building floor plan available upon request
Location
State DC
County Washington
Zoning R-3
Interior
Hot Water Natural Gas
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 6154//0817
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Kornelia Stuphan
Team Lead | License ID: SP98368238
Team Lead License ID: SP98368238