Southern Md Facility MD Real Estate & Commercial for Sale

Rehab property to be delivered with plans and permits for 7-unit condo conversion in hot Kennedy Street Corridor.

Marcus & Millichap is pleased to exclusively represent the owner of 615 Kennedy Street NW, DC 20011, in the Brightwood subdivision. This new construction build is situated on a .05-acre lot, amassing six stories with a rooftop deck. Included in the 8,276 Square Feet of rentable space are six bi-level units and two penthouse each with a separate rooftop deck. Each of the eight units are delivered with condo level finishes including granite countertops, stainless steel appliances, custom granite tops, and much more. The property also comes with two parking spaces for future tenants. A buyer can achieve a NOI of approximately $219,283 in year 1, which operates at a 6.64% Cap Rate based off the sales price. This investment also yields a 15.76% 5- year levered return, which is highly attractive in todayâs market. Future appreciation based off of the corridorâs revitalization should also be considered when analyzing this investment. Since 2000, the median household income in the area has increased by 97.4%. The average household income in 2022 for this corridor is $145,000, approximately 50% higher than the U.S. average. With dozens of development projects set to be completed over the next few years, Brightwood is set to become a retail hot bed, with new commercial real estate being developed on Kennedy Street, and at the Fort Totten metro (five blocks away). The Kennedy Street corridor is a designated âGreat Streetâ corridor that is bolstered by new residential and commercial development. In addition to its recent residential building boom, Kennedy Street offers a mix of independent retailers, restaurants, and specialty grocers. This site is located two miles away from âThe Park at Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical Center. This Park will include 3.1 million square feet of mixed-use development.

Prime Investment Opportunity in Washington, DC - Community Grocery Store with Additional Rental Unit. Discover the perfect business venture located at the heart of the vibrant Woodridge neighborhood in Washington, DC. This unique property spans two lots, including a building and a side parking lot, positioned strategically on a busy corner lot with ample customer parking. Currently functioning as a well-established community deli, the business boasts a strong customer base, making it a turnkey operation for potential investors. Adjacent to the bustling Woodridge shopping district, this property lies within walking distance to the scenic Langdon Park. The park features expansive green spaces, a public pool, and a state-of-the-art recreation center, enriching the community atmosphere and attracting steady foot traffic to the area. Additionally, the property includes a separate, 4-bedroom unit at the back, presenting a potential rental income. This space offers a lucrative opportunity to diversify income through residential leasing or by expanding the business footprint. Please contact the listing agent for all questions. Thank you for considering this exceptional opportunity to invest in one of Washington, DC's most promising locales.

Commercial Building has 3 tenants 2nd floor offices $2500 per month, 1st floor Barber Shop $1800 per month 1st floor Hair salon $2400 per month all tenants on month to month leases. basement storage

You are in control. You and or your clients park in front of your office, just 2 blocks to the Marc rail station. Easy access off 495, Connecticut and Georgia Avenues as well as University Blvd. Private offices, conference room and reception area. Tenant is breaking lease, will vacate by summer 2024. Subject to current tenant's lease ( 4 years to go).

30-unit apartment building under construction in Petworth on hot Kennedy Street. Site work is in progress with projected delivery in Spring of 2024. Plans are for a high-end design with modern finishes, ideal for condo resale, or can be a long-term hold as apartment residences.

FLEXIBLE ZONING, METRO-ADJACENT, SELLER-FINANCING!! Calling all businesses and developers. Prime location, METRO-adjacent, property in Brookland for sale! This traditional DC rowhome has the ultimate zoning flexibility (PDR-1 Zoning) and could be used for residential, commercial, or industrial activities. Currently used as a single-family rental and gallery space, it could continue to be used as a rental, office space for your business, or improved in any number of ways. The property currently has 2 bedrooms upstairs with a full-bath, and an additional bedroom and bathroom in the basement. The main level has a galley kitchen, living, and dining room. There is a private deck off the back of the house. The seller is also open to seller financing or a rent-to-own agreement for the property. Bring your ideas and offers today!

(Pending Release ) A Developers Dream has just hit the MARKET!! Zoning is n Process for MU2, 90 Feet, FAR 6.0 or 7.2 if Residential . Just a two-minute walk from the Brookland-CUA Metro Station, 700 Monroe Street Northeast is the last parcel in Brookland for major redevelopment. One block away from Catholic University, there has been an influx of development within a one-block radius adding over 500 rental units with 2-bedroom units starting at $3400 -5500 per month. Brookland, also known as Little Rome, is a neighborhood located in the Northeast (NE) quadrant of Washington, D.C. It is best known for its numerous Catholic institutions, including schools, religious communities, shrines, institutes, and other organizations built and based around the Catholic University of America. Recent redevelopment projects within a one-block radius have produced several six-level buildings with the largest featuring 310 rental units with ground-floor retail and restaurants. The Brookland submarket having a smaller town neighborhood vibe close to Downtown D.C. has been experiencing a massive influx of development over the last decade. With notable projects such as the Monroe Street Market (three separate and distinct buildings), Brookland Artspace Lofts, Hanover 8th, and RIA development on Rhode Island Avenue this is a highly sought-after area for redevelopment. The most unique development is directly next door and features 152 rental units and 26 dedicated artist spaces which hosts numerous events including the weekly Farmer's Market.

Welcome to the heart of Washington D.C.'s dynamic landscape, where history meets opportunity. This iconic venue, nestled in a prime location, offers boundless potential for repurposing and revitalization. With ample space and versatile layouts, it invites visionary entrepreneurs and developers to reimagine and redefine the city's cultural landscape. Beyond its historical charm, it promises to be a cornerstone of community engagement and economic revitalization, breathing new life into the urban fabric. Seize the chance to shape the future of D.C.'s cultural scene with this extraordinary property.

DO NOT DISTURB THE FAMILY OR ACCESS THE PROPERTY. All viewings will be scheduled with the listing agent after an offer has been presented.Literally a stones throw away from Washington, D.C. - Property with 15,477 square feet is zoned CGO (Commercial, General and Office) which is permissable for multifamily and nonresidential properties as well as businesses. The existing property consists of 7 bedrooms, 4 full bathrooms, living and dining rooms, brick fireplace and a large eat-in kitchen with an oversized storage room. The property has like new hot water heater and windows all around with a large basement and a huge storage room. An additional connected brick building on the property with its own front and back entrance and brick terrace around the back offers potential for additional rental income. There is also a 24X24 storage house with 2 windows that can be negotiated with the sale. Tear down and rebuild the current structure(s) and build your own multi-unit or commercial business. Property is in an Enterprise Zone - The Maryland Department of Commerce (COMMERCE) identifies and maintains boundaries where business may be eligible for income tax and real property tax credits for job creation and investments. Businesses may be eligible for the following tax credits: real property tax credits and income tax credits.

Suite 107: First-floor unit, secure building, Ample parking, well-established and maintained office condo complex. Easy access to Routes 175 & 29, & I-95. Conveniently located within minutes of Columbia Town Center and Columbia Mall. Adjacent to the Hilton Hotel Suits in a quiet and wooded campus setting. The condo fee is paid quarterly and the amount is $1,245.09. The Columbia association fee for the year 2023 was $709.92.

Current Law Offices of Saunders and Schmieler. Desired End Condition. Larger than interior units with an abundance of windows and great natural lighting. Currently furnished and operational for a Law practice but can be utilized for all manner of business enterprise from Accounting, to Consulting, Engineering, Medical, General Business and IT. Shows beautifully and immaculately maintained. . Furniture Fixtures and Equipment are negotiable. Located in The Clusters at Twin Knolls office park, Suite 6 is part of a Business Park that include just 18 total units, each with private entrances.. The matured landscaping and beautifully-maintained parklike setting is conveniently and strategically located with quick access to Route 29 and Route 175. The Clusters at Twin Knolls office park is two blocks from the Double Tree (Hilton) hotel, just 2.7 miles from The Mall and Columbia Town Center. There are 2 Associations, The Columbia HOA which is a $915.28 annual fee and the The Clusters at Twin Knolls which is a monthly fee of $314.00. The Clusters fee includes mowing, snow removal, trash, and landscaping upkeep.

Shovel ready with plans and permits for a 34 unit building in the heart of Petworth!

Discover the endless possibilities with this exceptional C2A zoned property! Currently operating as a gift shop on the main street level and featuring a 3-4 bedroom 2 full baths apartment on the upper level, this unique opportunity allows you to own your business and live conveniently upstairs. Additional features include a basement for storage and a 3-car private parking pad at the rear. Strategically located in the corner of Georgina Ave and Delafield Place NW, in the vibrant Patworth neighborhood. This property is in the heart of Washing DC. Don't miss out on the incredible change to thrive in one of the city's most dynamic areas!

Located in the lively Petworth neighborhood of Washington, D.C., 4811 Georgia Ave is a developer's dream, poised at the drywall-ready stage with the bulk of construction already in the rearview. This project boasts 10 units, including two exquisite, two-level penthouses with panoramic views, perfectly positioned for upscale living in an area known for its growth and vitality.

Shovel-ready investment opportunity. Just a 5 minute walk to Rhode Island Ave - Brentwood Metro station, and entertainment such as Van Gogh: The Immersive Experience, Metrobar Beer Garden and many more boutique shops and restaurants in the Brookland neighborhood. This is an excellent opportunity for an investor who wants to capitalize on the hot Brookland market. Buyer can purchase the building AS-IS. General Contractor is in place for the build or bring your own. Please contact Elizabeth Benitez for showings and questions.

Are you ready to step into the world of entrepreneurship? Look no further! We're thrilled to present this incredible opportunity to acquire a thriving business in the heart of Elkridge. This well-established salon and spa, Polish'd Nail Salon and Hair Studio, offers a wide range of beauty services, including manicures, pedicures, haircuts, blow outs and waxing. Salon has 2 private rooms, a break room, full size washer and dryer and two bathrooms. You'll inherit a turnkey operation with a beautifully designed interior, top-of-the-line equipment including brand new top of the line pedicure chairs, 2 waxing beds, 6 manicure stations and 6 hair salon stations. Additionally, the business comes fully equipped with an online booking system and active social media presence, setting you up for continued success in the ever-growing beauty industry. Don't miss out on this rare opportunity to own a successful business with unlimited potential for growth and profitability. Contact us today to schedule a viewing and take the first step toward realizing your entrepreneurial dreams! The property management company currently charges $4400 per month for rent. Electricity is separate. Water is included.

Great opportunity to own a piece of property in DC. Nice office with new kitchen and bath. Awesome place to meet your clients.

Development site will be delivered shovel ready. Approved for 8 units.

**INVESTORâS DREAM: Prime Real Estate Opportunity with Impeccable Potential** Are you seeking a transformative investment opportunity in the heart of a rapidly developing community? Look no further! This exceptional property is INVESTOR-READY and BRIMMING with potential. Here's why this investment should not be missed. The groundwork is already laid with meticulously crafted architectural drawings **Architectural Drawings for improvements on the property to add two additional units to the already existing lay out of four units, plus build upwards on the current foundation which has already been reviewed and all documentation needed for permits have been obtained. You have the green light to add two additional units and build upwards on the existing foundation. Say goodbye to the bureaucratic red tape, and hello to accelerated progress. **Solid Foundation & Soil Testing** Safety is paramount, and this property has passed rigorous soil and foundation testing. Your investment is grounded on a solid, verified foundation, ensuring long-term structural integrity. **Private Alley & Parking** Convenience and exclusivity go hand in hand with a private alley and designated parking for occupants. Parking space is a prized asset in urban locales, adding value and desirability to your investment. **Mixed-Use Commercial Property** Versatility is your ally. This property boasts mixed-use capabilities, opening doors to diverse revenue streams. Whether it's apartments, a laundromat, or a combination of both, you're in control of your investment's destiny. BEST PART YET - **Vacant & Ready for Renovation** No tenant-related delays or disruptions. The property is vacant, awaiting your vision and transformation. Get started on your investment journey without hesitation. Perfect Location** Situated in the highly sought-after Deanwood Community, conveniently accessible via highways, metro stations, and city roads. The 295 exit to Nannie Burroughs is just around the corner. Embrace the advantages of a burgeoning community with ample potential for growth. Proximity to Transportation** With the Minnesota Avenue, Benning Road, and Deanwood Metro Stations nearby, this property offers excellent commuter access. Plus, major arteries like 295, 395, Anacostia Freeway, New York Avenue, and Benning Road are within easy reach. Surging Development**: Ride the wave of progress. The surrounding area is witnessing rapid development, making this investment not just a choice but a strategic move for the future. This property is presented as-is, granting you the freedom to craft its future. If you're a savvy investor seeking an opportunity brimming with potential and located in one of the most promising communities, don't let this slip through your fingers.

Price Reduction!! Commercial Zoned property and Building located in the Heart of the Town of Capitol Heights. This building features 5 units. Four of the units are Dental/Office space and one unit is a 2 Bedroom, 1 Bath, apartment. Adjacent vacant lot is included in sale. Property is close to the Metro Station, Fire House, Post Office, shopping and more.

Commercial Storefront on busy walk around Upshur Street, property boasts display windows on 9th street and Upshur (corner property) currently houses Florist Shop.

Discover the potential at 610 Eastern Ave NE, where a well-situated 6-unit multifamily building awaits your investment savvy. Located on Eastern Ave, boasting access to all 6 Metro lines, this property offers unbeatable convenience. Featuring a well-balanced unit mix with 3 generous 2-bedroom units and 3 comfortable 1-bedroom units, this property is already equipped with washer/dryer and dishwasher in each unit, enhancing its appeal to tenants. 1 of the 6 units is vacant, with current gross income (under market) coming in at $6477/month. There's a golden opportunity to renovate and potentially increase gross annual rents by up to $125,000, especially by considering the conversion of 1-bedroom units into 2-bedroom layouts. Units are separately metered and cost is minimized with shared water services. Plus, benefit from the ongoing redevelopments in the neighborhood, positioning this property as a smart addition to your real estate portfolio. The Deanwood Submarket is in one of the last underdeveloped Wards in DC and has attracted major attention from both the private and public sector. Itâs on a seemingly endless array of âbest ofâ real estate lists, with Redfin naming it one of â10 hottest neighborhoods in the COUNTRYâ. Numerous multi-million development projects are underway in Ward 7, including the $75M Deanwood Town Center and the $115M+ Parkside redevelopment project in D.C., covering 26 acres and 3.1 million square feet. This is your chance to secure an investment with both immediate returns and promising long-term growth.

Don't miss out on a prime investment opportunity in the rapidly-growing Deanwood Neighborhood at 5920 Foote St NE! This strategically located 12-unit multifamily building, just off Eastern Ave with all 6 Metro lines nearby, offers a diverse unit mix with 5 spacious 2-bedroom and 7 comfortable 1-bedroom units. 75% vacancy allows for immediate renovation, and TOPA period has been initiated with the 3 current tenants indicating they will not exercise their TOPA rights. Consider converting 1-bedroom units to 2-bedroom to potentially increase gross annual rents by up to $250,000. Units are separately metered and share water. The Deanwood Submarket is in one of the last underdeveloped Wards in DC and has attracted major attention from both the private and public sector. Itâs on a seemingly endless array of âbest ofâ real estate lists, with Redfin naming it one of â10 hottest neighborhoods in the COUNTRYâ. Numerous multi-million development projects are underway in Ward 7, including the $75M Deanwood Town Center and the $115M+ Parkside redevelopment project in D.C., covering 26 acres and 3.1 million square feet. Act now and be part of the exciting revitalization in the area!

OPPORTUNITY ZONE -- A 2-story brick building configured w/2 units in the "Deanwood" neighborhood of NE Washington, DC. This is an opportunity to develop the property or renovate the current building. The property has RA-4 zoning. According to the DC Government Zoning Book: "The RA-4 zone provides for areas developed with predominantly medium- to high-density residential." It is in a residential apartment zone and permits medium to high-density apartments. We included an external link to view the Zoning information. Please do your due-diligence to determine what development is possible on this property. Location: The property has a convenient location near dining, shopping, schools, recreational facilities, parks, access to transportation routes and metro station; and very near the DC/MD line. Deanwood is a residential neighborhood in Ward 7 of NE Washington, DC.