2202 Martin Luther King Jr Ave SE 2,106 SF 100% Leased Retail Building Washington, DC 20020 $1,295,000 ($614.91/SF)

Positioned within DC’s historic Anacostia neighborhood, 2202 Martin Luther King Jr Ave SE offers a premier mixed-use investment and redevelopment opportunity in one of the city’s most dynamic growth corridors. This property resides in a federally designated Opportunity Zone, providing significant tax advantages for investors seeking long-term capital gains deferral or repositioning strategies.
Located just half a mile from the Anacostia Metro (Green Line) and adjacent to the 700,000+ SF St. Elizabeths East federal campus, the site benefits from strong connectivity to Downtown DC, Capitol Hill, and regional employment centers. Within a short walk are key developments representing over $1 billion of public and private investment, including Skyland Town Center, CareFirst Arena, and the future 11th Street Bridge Park.
Zoned MU-7B, the property supports ground-floor retail with multi-story residential or mixed-use construction above and allows for building up to 9,912 SF with an IZ bonus and 65-foot height limit. Two existing tenants provide stabilized income, with an estimated 36% NOI upside upon renewal to market rents. This dual-track investment offers flexibility for income generation or long-term redevelopment.