Vacant Building
Mixed-Use Building - Michigan Park Washington DC
2003-2005 Bunker Hill Rd NE, Washington, DC 20018
Listing Price: $575,000
Investment Overview
Marcus & Millichap is pleased to exclusively represent the owner of 2003-2005 Bunker Hill Road NE, a MU-3 Zoned Mixed-Use building in the Michigan Park submarket.
2003-2005 Bunker Hill Rd is a renovated 1,547 SF single-unit building with one daycare tenant since 2015. This building is part of a portfolio sale of Mix-Used buildings by the same owner. It is an opportunity for a buyer to achieve a 7.20% CAP rate with the NNN lease tenant.
Building upgrades include a newer HVAC system, electrical system, and plumbing. There are significant cosmetic improvements including new carpet, windows, and updated bathrooms.
2003-2005 Bunker Hill Road NE is located in the Michigan Park neighborhood, a thriving subdivision with single-family home residences, and close proximity to major retail centers such as the Monroe Street Market, and The Shops at Dakota Crossing. Michigan Park is also home to the National Shrine and to large employers such as Children's Hospital, and the Washington Hospital Center.
Mixed-Use Building - Michigan Park Washington DC
Investment Highlights
- Renovated Mixed-Use Building Zoned MU-3 in the Michigan Park NE Submarket.
- Long-term Day Care Tenant. Opportunity to Earn a 7.20% CAP Rate with the NNN Tenant.
- Approximately 1,547 SF with two Large Open Rooms, one Office, Three Bathrooms, and a Kitchenette.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
Vacant Building
Mixed-Use Building - Michigan Park Washington DC
Listing Price: $575,000
Investment Highlights
- Renovated Mixed-Use Building Zoned MU-3 in the Michigan Park NE Submarket.
- Long-term Day Care Tenant. Opportunity to Earn a 7.20% CAP Rate with the NNN Tenant.
- Approximately 1,547 SF with two Large Open Rooms, one Office, Three Bathrooms, and a Kitchenette.
Investment Overview
Marcus & Millichap is pleased to exclusively represent the owner of 2003-2005 Bunker Hill Road NE, a MU-3 Zoned Mixed-Use building in the Michigan Park submarket. 2003-2005 Bunker Hill Rd is a renovated 1,547 SF single-unit building with one daycare tenant since 2015. This building is part of a portfolio sale of Mix-Used buildings by the same owner. It is an opportunity for a buyer to achieve a 7.20% CAP rate with the NNN lease tenant. Building upgrades include a newer HVAC system, electrical system, and plumbing. There are significant cosmetic improvements including new carpet, windows, and updated bathrooms. 2003-2005 Bunker Hill Road NE is located in the Michigan Park neighborhood, a thriving subdivision with single-family home residences, and close proximity to major retail centers such as the Monroe Street Market, and The Shops at Dakota Crossing. Michigan Park is also home to the National Shrine and to large employers such as Children's Hospital, and the Washington Hospital Center.
Exclusively Listed By
Broker of Record
-
Brian Hosey
Senior Vice President/Division Manager
