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1429 Marion Barry Ave SE
Washington, DC 20020
Retail Property For Sale
Investment Highlights
- Opportunity to acquire a 50% occupied commercial building on the recently renamed Marion Barry Avenue (formerly Good Hope Road)
- Property qualifies for SBA financing and a qualifying buyer may take advantage of the DMPED Commercial property Acquisition Fund
- Located two blocks east of MLK Jr. Ave SE and at the intersection of Minnesota Ave SE
- Suitable for an owner/user or investor interested in adding value through leasing
- The second Level is occupied by three commercial tenants and the street Level was recently renovated and will be delivered vacant
- Zoned MU-4 with an additional 6,129 SF of potential density for future redevelopment
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,240 SF
Building Class
C
Year Built
1931
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.39
Lot Size
0.07 AC
Zoning
MU-4
Parking
2 Spaces (0.47 Spaces per 1,000 SF Leased)
Frontage
21’ on Good Hope Rd
Amenities
- Signage
- Signalized Intersection
- Air Conditioning
Property Taxes
| Parcel Number | 5767-0313 | Improvements Assessment | $570,190 |
| Land Assessment | $191,220 | Total Assessment | $761,410 |
Property Taxes
Parcel Number
5767-0313
Land Assessment
$191,220
Improvements Assessment
$570,190
Total Assessment
$761,410
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