Property

Washington, DC 20001 301 New York Avenue NW

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Presented By: Century 21 Redwood Realty
  • MLS# DCDC2129918
  • 02/26/2024
  • Request Tour
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  • SQFT • 3,205

Home Details

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.
Presented By: Century 21 Redwood Realty

Interior Features for 301 New York Avenue NW

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 301 New York Avenue NW

AccessibilityNone
Association Recreation FeeN
Business TypeApartment 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/
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C
CountyWASHINGTON
DirectionsI-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.
HeatingCentral
Historic Y/NYes
Legal SubdivisionOld City 2
Lot Size Square Feet1576.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-09-21T00:54:55
New ConstructionNo
Percent OwnershipFee Simple
Possession0-30 Days CD
Price Per Sq Ft Total AG499.22
Property SubTypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount13698.0
Tax Assessed Value903840.0
Tax Lot20
Tax Year2019
TransportationBus Stop less than 1 mile, Metro/Subway Station less than 1 mile, Airport less than 10 miles
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningD-4-R
Zoning DescriptionMount Vernon Square Historic District

Exterior for 301 New York Avenue NW

Building Area Total3205.00
Fencing Y/NN
Land Assessed Value610400.00
Land Use CodeD-4-R
Lot Size Acres0.04
Lot Size SourceEstimated
Navigable Water Y/NNo
Soil TypesUnknown
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Ebonie Clerier

Associate
Price $1,600,000
MLS#DCDC2129918
List Date 02/26/2024
Property Type Commercial
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