Excellent Development and Investment Opportunity in NE DC

Asking Price$20,000,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.74249

Price per Sq. Ft.Not Disclosed

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Excellent Development and Investment Opportunity in NE DC


Asking Price$20,000,000

Gross Revenue
Not Disclosed

Net Operating IncomeNot Disclosed

FF&ENot Disclosed

Building Sq. Ft.74249

Price per Sq. Ft.Not Disclosed


Seller Financing Available
Property Description
Prime Commercial Real Estate Investment Opportunity - Washington, DC

This exceptional commercial property represents a rare development and investment opportunity in Northeast Washington, DC. The asset encompasses nearly 4 acres of strategically positioned land along New York Avenue, offering significant potential for experienced developers and institutional investors.

Property Specifications:
- Land Area: Approximately 4 acres
- Location: New York Avenue corridor, Northeast Washington, DC
- Parking Capacity: Over 200 spaces
- Current Tenant Base: 39 established commercial tenants
- Primary Tenants: Day care facility and entertainment venue

Strategic Location Advantages:
The property benefits from its prime positioning adjacent to the established Florida Market development and proximity to Douglas Company's mixed-use development project. This location provides excellent visibility and accessibility within a rapidly developing commercial corridor.

Investment Highlights:
- Established rental income stream from diversified tenant portfolio
- Substantial development potential on one of the area's remaining large commercial parcels
- Strategic location in growing Northeast DC market
- Ample parking infrastructure already in place
- Owner financing options available to qualified purchasers

This asset sale presents an opportunity to acquire a cash-flowing commercial property with significant redevelopment potential. The property's scale, location, and existing infrastructure make it suitable for various commercial development scenarios, including mixed-use projects, retail centers, or continued operation as a multi-tenant commercial facility.

The offering includes all real estate assets, existing lease agreements, and operational infrastructure. Serious inquiries from qualified investors and developers are invited to explore this unique Northeast DC opportunity.
About the Property
Type
Shopping Center
Building Status
Established
Facilities & Assets
Almost 4 Acres**Building size: 74,249 Sq Ft***200 plus parking spaces***
About the Sale
Furniture, Fixings and Equipment
Included in Asking Price
Financing
Seller financing available***Interest Only available***
Listing Info
ID:
2297693
Listing Views:
1427

Contact Seller

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Property Listed by: JAMES LEE Infinity Realty & Investment Group

Listing ID: 2297693 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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