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Listed by Mel Tulu • Samson Properties
$ 3,500,000
Est. payment | /mo
2,323 Sqft Lot
$ 3,500,000
Est. payment | /mo
2,323 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID DCDC2254362
Year Built 1880
Tax Year 2025
Lot Size 2,323 Sqft
Acres 0.05
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Mixed-Use Redevelopment Opportunity in Prime Location
Unlock the potential of this exceptional mixed-use property located in a commercially zoned residential district, ideal for investors or visionaries seeking strong income potential and long-term redevelopment value. Situated along the well-traveled corridor of Florida Avenue and 12th Street, the property benefits from high visibility and convenient access to Metro rail and bus lines.
This versatile building offers multiple income-generating possibilities with its current layout:
Two separate units, each featuring 2 bedrooms, a full bath, and a full kitchen
One efficiency unit with a full bath and kitchen
An upper-level residence with 3 bedrooms, 2 full baths, a living room, and a full kitchen
A ground-level retail/storefront space, ideal for commercial use
The property is currently mostly vacant, providing a blank canvas for renovation, leasing, or redevelopment, while the owner occupies one portion of the building.
Located within an U street corridor Zone, this asset presents potential tax advantages and significant upside for future development. Whether you're looking to create a thriving mixed-use investment or reimagine the space entirely, this property requires vision—but offers substantial rewards.
Bring your ideas and capitalize on this rare opportunity.
Please call agent for an appointment
Unlock the potential of this exceptional mixed-use property located in a commercially zoned residential district, ideal for investors or visionaries seeking strong income potential and long-term redevelopment value. Situated along the well-traveled corridor of Florida Avenue and 12th Street, the property benefits from high visibility and convenient access to Metro rail and bus lines.
This versatile building offers multiple income-generating possibilities with its current layout:
Two separate units, each featuring 2 bedrooms, a full bath, and a full kitchen
One efficiency unit with a full bath and kitchen
An upper-level residence with 3 bedrooms, 2 full baths, a living room, and a full kitchen
A ground-level retail/storefront space, ideal for commercial use
The property is currently mostly vacant, providing a blank canvas for renovation, leasing, or redevelopment, while the owner occupies one portion of the building.
Located within an U street corridor Zone, this asset presents potential tax advantages and significant upside for future development. Whether you're looking to create a thriving mixed-use investment or reimagine the space entirely, this property requires vision—but offers substantial rewards.
Bring your ideas and capitalize on this rare opportunity.
Please call agent for an appointment
Location
State DC
County Washington
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Central
Cooling Window Unit(s)
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Asphalt
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 0302//0031
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Financing Cash,Conventional,Other
Special Listing Condition Standard
Nearby Locations
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Kamal Parakh
Agent