1512 Good Hope (Marion Barry Ave) Road SE Washington, DC $ 1,100,000
1512 Good Hope (Marion Barry Ave) Road SE
$ 1,100,000
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1512 Good Hope (Marion Barry Ave) Road SE

Washington, DC, 20020
$ 1,100,000
Bedrooms-- Baths-- Sq 2,416

Monthly Estimate*

$ 6,773

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Commercial Property for sale in Washington, DC

for $1,100,000. This 2,416 square foot building was built in 1966 on a lot size of 0.07.

Prime mixed-use opportunity in the heart of Randle Heights! This standalone building in Randle Heights offers exceptional flexibility for investors, developers, or owner-occupants. The property features 2 kitchens and spacious rooms. Ideal for multi-family conversion, short-term rental, or live/work setup. Delivered vacant. This property provides immediate repositioning or occupancy potential. Located on a high-visibility corner along a major commuter route, the building sits within walking distance to public transportation, neighborhood amenities, and minutes from Downtown Anacostia, the Barry Farm redevelopment, and the future 11th Street Bridge Park. Zoned MU (Mixed-Use), the property supports a wide range of uses: retail, restaurant, convenience store, office suites, co-living, or residential rental. Situated in a designated Opportunity Zoned eligible for potential tax incentives. High foot and vehicle traffic, strong curb appeal, and ready to generate income. The roof is less than 2 years. This is a versatile investment property in one of D.C.s most rapidly developing areas. PARKING INCLUDED makes this a rare find. Check on eligibility for the currently available Commercial Property Acquisition Fund that provides eligible businesses with down payment assistance of up to $500,000 or 25% of the sale price, whichever is less, for the acquisition of commercial property in the District of Columbia. This property isnt just a place of businessits a strategic asset. APPRAISED AT 1.22 IN JULY

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Commercial Active

Price

$ 1,100,000

Property Type

Commercial

Taxes

$ 4,782

Style

Day Care Facility,Hair Salon and Spa,Medical,/Gene

Lot Size

0.07

Year Built

1966

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2206574

Features
Interior
Heating Fuel Electric
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
Total Restrooms 2
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General
Sewer Public Septic Public Sewer
Heating Hot Water
Cooling None
Possession Settlement
Zoning M-U4
Construction Materials Aluminum Siding
Year Built 1966
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Business Type Day Care Facility Hair Salon and Spa Medical Other/General Retail Restaurant/Bar Vet/Kennel Other
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Apartments Bar/Tavern/Lounge Barber/Beauty Clothing Commercial Day Care Dry Cleaner Financial Industrial Institutional Investment Mini-Storage Mixed Use Office Professional Service
Water Access Y/N N
Status ACTIVE
Directions MLK to Marion Barry Ave (Good Hope Road) to 1512 Good Hope
City WASHINGTON
Disclosures Prop Disclosure
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 3170.00
Tax Annual Amount 4782.0
Price Per Sq Ft Total AG 455.3
Acceptable Financing Cash Conventional FHA Private VA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Legal Subdivision Randle Heights
Tax Lot 814
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Exterior
Parking Features Paved Parking Private
Water Source Public
Type of Parking Driveway Parking Lot
Water View Y/N N
Building Area Total 2416.00
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N N
Soil Types Unknown
Land Assessed Value 178410.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1512
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* Excluded Features
List By
Bennett Realty Solutions

Broker

squeenofexit@aol.com

Email

Affordability Calculator

$7,171
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$399
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/29/2025$1,100,000 -8.33% Price Down
6/18/2025$1,200,000 Listed Price

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1512 Good Hope (Marion Barry Ave) Road SE, Washington, DC, 20020 is a Commercial Property for sale at $1,100,000 with 2,416 sqft and a lot size of 0.07. 1512 Good Hope (Marion Barry Ave) Road SE was built in 1966. The property's zip code is 20020 which is in Washington, DC