301 New York Avenue NW Washington, DC $ 1,800,000
301 New York Avenue NW
$ 1,800,000
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301 New York Avenue NW

Washington, DC, 20001
$ 1,800,000
Baths0.0 Sq 3,205

Monthly Estimate*

$ 11,963

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Studio

Commercial Property for sale in Washington, DC

for $1,800,000. This 3,205 square foot building was built in 1900 on a lot size of 0.04.

Attention Developers, Investors, and Visionaries! Presenting a unique opportunity to acquire a commercial/residential mixed-use property in a prime location near a busy highway, offering unparalleled visibility and accessibility. This property is ready for transformation, making it an ideal project for those looking to capitalize on its high-traffic area and strategic location. The current structure is older and in need of renovation or potentially a complete tear-down, providing a blank canvas for your ambitious redevelopment plans. The versatile layout is perfect for a blend of commercial and residential spaces, catering to a variety of tenants and maximizing rental income. The generous lot size allows for extensive redevelopment options, including multi-story buildings or expanded commercial facilities. This property is ideal for real estate developers aiming to transform it into a modern, multi-use complex that meets the needs of today's market. Value-add investors can increase the property's value through strategic renovations or a complete rebuild, tapping into the lucrative rental market. Construction companies can utilize their expertise to develop a new, high-demand property in a prime location. Commercial real estate firms can reimagine the space to attract high-end commercial and residential tenants. Retail chains and franchises can create custom-designed retail or restaurant spaces that draw in customers from the busy highway. Healthcare organizations can establish a state-of-the-art clinic or healthcare facility in a highly accessible location. Hotel chains can develop a new hotel to cater to travelers and tourists, benefiting from the high visibility. Educational institutions can build a new campus or training center that offers easy access for students and staff. Municipal or government agencies can develop a public use facility to serve the community effectively. Joint ventures can partner with other investors to maximize the potential of this prime redevelopment site. Don't miss this exceptional opportunity to shape the future of a highly desirable location. Contact us today to explore the possibilities and schedule a viewing. This is your chance to make a significant impact in a thriving area with unlimited potential.

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Commercial Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 13,698

Style

Apartment Building,Banquet Facility/Lodge,Bed and

Lot Size

0.04

Year Built

1900

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2129918

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession 0-30 Days CD
Zoning D-4-R
Construction Materials Brick
Year Built 1900
View City
Property SubType Mixed Use
Tax Year 2019
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building Banquet Facility/Lodge Bed and Breakfast Convenience Store/Gas Day Care Facility Garden Center Hair Salon and Spa Health Club Hotel/Motel Institutional Manufacturing Medical Other/
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions I-395N take EXIT 10 merge onto 2nd St NW Merge onto New Jersey Ave NW Left onto M St (find parking!!) Left onto 3rd St building on right.
City WASHINGTON
Buyer Agent Compensation 2.5
Zoning Description Mount Vernon Square Historic District
Lot Size Square Feet 1576.00
Waterfront Y/N N
Street Name NEW YORK
Tax Annual Amount 13698.0
Price Per Sq Ft Total 561.62
Historic Y/N Y
Vacation Rental Y/N N
Days on Market 87
Standard Status Active
Year Built Source Estimated
Legal Subdivision Old City 2
Tax Lot 20
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 3205.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Estimated
Soil Types Unknown
Land Assessed Value 610400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 301
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* Excluded Features
List By
Century 21 Redwood Realty

Broker

danny@c21redwood.com

Email

Affordability Calculator

$13,105
Per Month
91%
9%
0%
Monthly Principal & Interest
$11,963
Monthly Property Taxes
$1,142
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2024$1,800,000 Listed Price

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301 New York Avenue NW, Washington, DC, 20001 is a Commercial Property for sale at $1,800,000 with 3,205 sqft and a lot size of 0.04. 301 New York Avenue NW is a studio with 0.0 baths and was built in 1900. The property's zip code is 20001 which is in Washington, DC