$1,200,000

1240 PENNSYLVANIA AVE SE, Washington, DC 20003

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Discover a prime investment opportunity with this historic brick commercial property, built in 1900, offering immense potential for appreciation and income generation. Strategically located in a vibrant area, this property boasts a solid brick front, ensuring durability and low maintenance costs. With no association fees and flexible zoning, the possibilities are endless-consider retail, office space, or mixed-use development. The property's on-street parking enhances accessibility, attracting foot traffic and potential tenants. Investors will appreciate the potential for rental income, with the local market showing consistent demand for commercial spaces. The property's age adds character and charm, appealing to businesses looking for unique spaces. Seize this chance to capitalize on a growing market and secure a valuable asset that promises both immediate returns and long-term growth. Don't miss out on this exceptional opportunity to enhance your investment portfolio!

Listing Status:
Active
Listing Office:
Vantage Commercial Realty & Management : 2023473760
Listing Agent:
Ken Noroozi : 3017286037
MLS ID:
DCDC2233530
  • A/C: Central A/C
  • Heating: Forced AirCentral
  • Disability Feature: None
  • General: BrickBrick Front
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: MU-4/CHC1019//0017
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Ken Noroozi, Vantage Commercial Realty & Management

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Watkins/Peabody Elementary School

420 12th St SE, Washington, DC, 20003

Grades EE-5

0.12 miles away

K

Kramer Middle School

1700 Q St SE, Washington, DC, 20020

Grades 6-8

0.88 miles away

E

Eastern High School

1700 E Capitol St NE, Washington, DC, 20003

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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