$2,000,000
$1,900,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
8,865 SqFt
SOLD DATE : 08/27/2024
Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,865 sqft
Price per Sqft $225
Subdivision Woodridge
MLS Listing ID DCDC2119410
Sold Date 08/27/24
Originating Board BRIGHT
Year Built 1961
Annual Tax Amount $21,724
Tax Year 2023
Lot Size 0.402 Acres
Acres 0.4
Property Description
SRG Commercial is pleased to exclusively present a prime industrial asset with value-add potential in Northeastern Washington, DC. 2838 Bladensburg Rd NE, constructed in 1961, The property sits on 0.4 acres of PDR-1 zoned land, which permits a wide variety of uses, including agricultural, animal sales/boarding/shelter, arts, design, college/university, daytime care, restaurants, schools, place of worship, medical, auto repair, auto sales, and more.
This industrial property sits in the fast-growing Brookland neighborhood, which has seen 100’s of Millions in planned and completed developments nearby, including The Villages at Dakota Crossing, RIA DC, and the Franklin and Reed Development.
2838 Bladensburg is well-located adjacent to a 7-11 and right on Alt route 1, which sees 18,000 VPD. For the past 18 years, the property has been owner- occupied by an auto repair/body shop that includes 4 drive-in doors, 7 bays/lifts, and a body paint bay and has a solid cash flow.
Location
State DC
County Washington
Zoning PDR-1
Interior
Hot Water Electric
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 8.0
Waterfront N
Water Access N
Accessibility >84\" Garage Door
Parking Type Private Garage
Total Parking Spaces 8
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 4337//0047
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Other, Conventional
Listing Terms Cash, Other, Conventional
Financing Cash,Other,Conventional
Special Listing Condition Standard
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Bought with Ahmad Omar Azzarkani • Samson Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "