Fairmount Heights MD Real Estate & Commercial for Sale

This unique mixed-use property, with its commercial (office and retail) and residential zoning, offers a range of possibilities, making it an excellent investment opportunity.

�𝐱��𝐥𝐥�𝐧𝐭 𝐢𝐧𝐯�𝐬𝐭𝐦�𝐧𝐭 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐢𝐧 𝐭𝐡� ���𝐧𝐰𝐨𝐨𝐝 𝐧�𝐢𝐠𝐡�𝐨𝐫𝐡𝐨𝐨𝐝 𝐨� ��𝐬𝐡𝐢𝐧𝐠𝐭𝐨𝐧, ��. This �𝐮𝐥𝐥𝐲 𝐨��𝐮𝐩𝐢�𝐝 ��-𝐮𝐧𝐢𝐭 multifamily property-comprised of ten 3-bedroom units, one 2-bedroom unit and one 1-bedroom unit-was recently acquired through foreclosure and is being 𝐬𝐨𝐥𝐝 𝐬𝐭𝐫𝐢�𝐭𝐥𝐲 �𝐬-𝐢𝐬. The building includes over 9,700 square feet across three stories and features off-street parking for 11 vehicles. Located �𝐝𝐣���𝐧𝐭 to the ���𝐧𝐰𝐨𝐨𝐝 ��𝐭𝐫𝐨 �𝐭�𝐭𝐢𝐨𝐧 and Deanwood Recreation Center, with immediate access to major commuter routes including I-295, the property is positioned in a rapidly improving corridor with strong rental demand. The Deanwood area continues to attract both public and private investment, reinforcing its appeal for long-term multifamily ownership. Notice of Sale was delivered to all tenants on April 15, 2025, in accordance with TOPA.�Do not disturb occupants. No unit access will be permitted without an accepted offer. Ideal for experienced investors seeking a stabilized income-producing asset with continued growth potential. All information shall be independently verified by the buyer.

Incredible Opportunity in Hot Deanwood! Over 3400 Sqft On 2 Levels, Zoned R-2, on a 5,188 sqft Lot! Previously used a religious facility. Upper Level Set Up with Large Open Room, Elevator, and Office plus Staircase in Rear. Lower Level features Large Open Room, Kitchen, Two Commercial Bathrooms, and Storage. Less than a Mile to Minnesota Ave Metro! Restaurants, Grocery, Parks and Schools within Walking Distance. Just Minutes to 295, Benning and E Capitol St. Fast Growing Area and Centrally Located.

List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding Begins Friday, May 2nd and ends Wednesday, May 7, 2025 @ 12:00PM. Excellent opportunity to purchase a partially-leased, 9 unit apartment building. The property is well-located in the heart of the "Benning Heights" neighborhood of NE, Washington. According to the DC Office of Tax and Revenue, the property is 5,500 +/- sq. ft. of land area. It is zoned RA-1 and is served by public water, sewer, gas and electric. The property is improved by a three-story multi family building. The building's unit mix consists of 8 1 Bedroom/1Bath units and 1 studio. Based on the Rent Roll as of September, 2023, eight of the building's 10 units are occupied. All units are separately metered for gas and electric. Tenants pay their own gas and electric expense. Unit 102: Currently rented for $955.33/month. Unit 103: Currently rented for $1,159.75/month. Unit 104: Currently rented for $1,184.44/month. Unit 201: Currently rented for $1,114.04/month Unit 202: Currently rented for $1,157.68/month. Unit 203: Currently rented for $1,047.73/month. Unit 301: Currently rented for $922.01/month. Unit 302: Currently rented for $1,050/month. Unit 303: Vacant â?¢ Gross Scheduled Monthly Rent = $8,590.98/month (Based on the Rent Roll as of September, 2023 which has 1 vacancy) â?¢ Gross Scheduled Annual Rent = $103,091.76/year (Based on the Rent Roll as of September, 2023, which has 1 vacancy) **Gross Potential Annual Rent Of $136,320** **Gross Potential Monthly Rent of $11,360** Please note that the estimated monthly rents for the vacant units used for the Gross Potential Monthly and Gross Potential Annual Rent calculations above were based on the DCHA's (DC Housing Authority) newly established process for determining rent reasonableness through the "Market Rent Estimator" No TOPA contingency needed.

Motivated seller, bring an offer! Renovated turnkey five unit building for sale in Marshall Heights. Pro forma cap rate is 9%+ Unit mix consists of four 2 bedroom units and one 1 bedroom unit. Three occupied units: unit 1 (2 bedroom/1 bath, $1,472/month), unit 2 (1 bedroom/ 1 bath, $1,525/month), unit 3 (2 bedroom/1 bath, $1,475/month) and unit 5 (2 bedroom/1 bath, $1,757/month). Units 4 and 5 are vacant. Vacant units are move-in ready. Ownership received approval from DCHA for a rent of $1,757/month for the vacant unit. Current and projected rents include all utilities (electricity, water, sewer, trash). Gas is available but it is not being utilized at the property. All units and renovated and feature newer kitchens, bathrooms, appliances, and flooring. Units have individual HVAC systems and water heaters. Building has a large unfinished utility room adjacent to the basement unit (unit 5). This space could be used for expansion of the basement unit. Lot is 6,758 SF and it may be possible to expand the existing structure. R-2 zoning. Great for investors. Please see the Offering Memorandum for more information!

THIIS LAND IS OPEN FOR AN ASTUTE DEVELOPER WITH A GREAT VISION, THIS IS RIGHT ON THE BORDER BETWEEN WASHINGTON DC AND MARYLAND , IT PRESENT GOOD OPPORTUNITY FOR A DEVELOPER

ð??¨ PRIME DEVELOPMENT OPPORTUNITY - 1.29 ACRES ð??¨ Option 1, PORTFOLIO SALE - 6 LOTS COMMERCIAL & RESIDENTIAL MIX Unlock the full potential of 7300 Martin Luther King Jr. Highway, a highly visible 1.29-acre portfolio offering a rare mix of commercial and residential properties in a prime Prince Georges County location. Property Overview: â?? 6 LOTS SOLD TOGETHER - A unique investment package featuring: One standalone commercial building (formerly J&J Transmission) Two single-family homes with rental income potential Total land area: 1.29 acres â?? Zoning Flexibility - Newly designated RMF-20 & RSF-65 zoning allows for a variety of uses: Retail & Restaurants (Starbucks or equivalent) Office Space & Convenience Stores Multifamily or Townhome Development â?? Prime Location & Accessibility - Strategically positioned on MLK Jr. Highway, just south of Landover Road (MD 202), with: High traffic flow & excellent visibility WMATA bus stop on-site (A12 & F12 routes) Surrounded by businesses, churches, and residential communities Endless Development Potential: ð?¢ Commercial Expansion - Develop a high-traffic retail hub while keeping rental income from existing homes. ð?¡ Residential Growth - Build a modern townhome community in a sought-after location. ð??¡ Mixed-Use Possibilities - Create a live-work-play environment with shops and housing. ð??¢ Investors & Developers - This is your chance to transform a high-potential site into a thriving destination! Option 2. Own a shipping business and need storage space? Convert this standalone commercial building into a warehouse while continuing to rent out the two existing homes for steady income! ð??° Rental Income Potential: ð?¡ 2-Bedroom Home: $1,900/month ð?¡ 5-Bedroom Home: $2,800/month â?? Total Annual Rental Income (Homes): $56,400 ð?¢ Flex Space Rental (After Renovation): ð??¼ $8K-$10K/month â?? Total Annual Rental Income (Flex Space): $96,000+ ð??? Potential Annual Income: Over $150K! If you don't want to purchase the other properties together, you can choose to purchase just 7300 Martin Luther King Jr Hwy separately for $1 million. ð??? Contact us today to explore the possibilities!

Ikon Realty is pleased to exclusively present a prime RARE industrial asset with value-add potential property. It is a rare opportunity in Northeastern Washington,  It is a 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, office and more. This industrial property sits in the fast-growing neighbourhood which has seen 100s of Millions of Dollars in planned and completed developments nearby, including The Villages at Dakota Crossing, RIA DC, and the Franklin and Reed Development. The property has been owner- occupied office use and rented auto repair/body shop that have drive-in doors, at the the front and in the back as well. The auto shop has 3 bays, and a paint booth.

Exceptional Business Opportunity - Elegant 10-Bedroom Colonial Just Minutes from D.C. Step into a rare and remarkable investment opportunity with this stately 10-bedroom, 3.5-bathroom Colonial residence, ideally positioned just minutes from the heart of Washington, D.C., and a short 10-minute drive from the University of Maryland Global Campus. Currently listed on Airbnb, this well-maintained property has welcomed hundreds of guests over the past two years, consistently generating strong occupancy and positive reviews. With spacious accommodations and a prime location, it offers a turnkey solution for short-term rental success, group lodging, or even a boutique guesthouse venture. Take advantage of the Tesla Solar panel available with little energy bills. All sofas, mattresses, TV, sheets, conveys. Get the instant cash flow you have been looking for after closing. NO HOA. The home exudes classic charm, complemented by modern amenities and expansive living spaces that cater to both comfort and convenience. Whether you're a seasoned investor or a visionary entrepreneur, this property stands as a versatile, income-generating gem in a highly desirable area. Seize the chance to own a thriving business with proven returns, all while holding prime real estate in the D.C. metropolitan area.

Prime Mixed-Use Commercial Opportunity! This freestanding building in a highly sought-after Town Center mixed-use zone is a fantastic investment for a savvy investor or business owner looking for the perfect space. Featuring private gated parking, a spacious backyard with street access, and excellent visibility, this property offers endless potential. Here's your opportunity to build a nice real estate portfolio and run your business at the same time. The current tenant, a well-established pest control company, would love to stay, providing immediate rental income for investors. Whether you're looking to expand your business or secure a high-demand commercial asset, this is an opportunity you dont want to miss!

THIS IS A TURN KEY HOOKAH LOUNGE OPERATION SALE , GOOD ATMOSPHERE TO RELAX WITH FRIENDS, HOST MEETINGS, BIRTHDAY PARTIES ,PLAY GAMES , WATCH SPORTS, TOTALRELAXATION AND FUN . THE HOST CAN BRING THEIR LIQUOR BUT THE OPERATOR IS NOT LICENSED TO SELL LIQUOR BUT OPERATOR CAN SELL SODA ,JUICE ,ICE . THE RENT IS $6500 MONTHLY, LOCATED IN A CENTRALLY LOCATED DISTRICT ON RHODE ISLAND AVE .THE HOOKAH LOUNGE IS LICENSED FOR 24 HRS OPERATION

THIS IS A DEVELOPER'S DELIGHT, PLEASE SEE THE SCHEMATIC PLANS TO SEE WHAT YOU CAN DO WITH THIS SPACE, RIGHT AT THE CORNER OF EASTERN AVE & RHODE ISLAND AVE NE ,BOUNDARY LINE BETWEEN WASHINGTON DC & MARYLAND . SERIOUS DEVELOPEMENTS GOING ON IN THIS AXIS, PROPERTY ON THE MAIN STREET OF R.I AVE . IDEAL FOR MULTIFAMILY APARTMENT USE . THE SPOT WAS FORMERLY A RESTAURANT. PLEASE CARRY OUT YOUR DUE DILIGENCE

Welcome to the Historic 3501 Bunker Hill Road! A two and a half story, L-shaped 15,000 SQFT uncoursed ashlar masonry building designed in the Classical Revival Style. The portico is supported by four evenly spaced wood Tuscan Columns. An addition in a much different style was added to the back of the Church to accommodate the growing congregation. The sanctuary, which includes an upper balcony, has an estimated seating capacity of 350 seats. Other highlighted features are segmental-arched stained-glass windows, fireplace, fellowship or banquet hall with a seating capacity of 150 seats, commercial kitchen, offices, meeting rooms, classrooms ,storage rooms, conference room and six bathrooms. Some areas require TLC. Sold as is.

Good investment.located in the sought after Hillcrest,a condo conversion

An exceptional turn-key, mixed-use investment opportunity in Northeast DCs rapidly growing Starburst Intersection. Situated on a prominent corner lot, this fully renovated 2021 asset offers stable, long-term income with minimal owner expenses, generating $151,600 in annual NOI. With meticulously maintained spaces, built-in rental escalations, and high-caliber tenants in place, this property presents a rare opportunity for investors seeking both immediate cash flow and long-term appreciation. Anchoring the ground floor is Daru, a Michelin Bib Gourmand-awarded Indian-Nepalese restaurant, celebrated for its innovative cuisine and strong local following. Daru is three years into a 10-year NNN lease at $9,670/month, with a 3.5% annual rent escalation (April 1st). The restaurant fully maintains its space, covers 61.5% of property taxes and insurance, and funds trash services. Recognizing their success, Daru expanded operations by adding a covered outdoor dining area last year and has recently opened a second location down the street. Above, the luxurious residential penthouse is leased at $4,088/month until 5/1/2025 (tenants are highly interested in renewing). Designed for modern urban living, this open-concept loft showcases wide plank white oak floors, a striking hexagonal sunroom, high-end JennAir appliances, spa-inspired baths, and two private outdoor terraces. The property underwent a comprehensive $1M modernization in 2021, including all new MEP systems, full basement excavation to accommodate a commercial kitchen, a top-floor penthouse addition, new windows, a reimagined storefront, enhanced entryways, and the creation of two rooftop decks. With both units paying their own utilities, minimal maintenance requirements, and a high-quality NNN tenant ensuring predictable income growth, this is a truly hands-off, low-risk investment in one of Washington, DCs most dynamic and evolving neighborhoods.

Investor Alert: Turn-Key Barbershop Property in Opportunity Zone 2203 Minnesota Ave SE, Washington, DC Positioned in the heart of Randle Heights, this commercial property at 2203 Minnesota Avenue SE offers a rare opportunity to own a fully built-out barbershop with 8 active stations-all within a mixed-use zoned corridor and a federally designated Opportunity Zone. This property isnt just a place of business-its a strategic asset. Located on a highly visible corridor with consistent foot and vehicle traffic, the building offers immediate income potential with existing infrastructure and strong community demand for grooming services. For investors, this is a plug-and-play asset with upside potential. The MU zoning allows for future reconfiguration or vertical expansion, whether youre considering a multi-service grooming concept, retail integration, or mixed-use redevelopment. With Opportunity Zone status, savvy investors may benefit from significant capital gains tax incentives, making this both a smart short-term play and a strong long-term hold. Key Highlights: 8 Barber Stations - Ready for immediate occupancy MU Zoning - Flexible for future development High-Traffic Location in Randle Heights Designated Opportunity Zone - Tax incentive eligible Standalone building with strong curb appeal This is more than a barbershop-its a platform for value creation. Whether youre building a portfolio or expanding a brand, this property is positioned to deliver.

Investor Alert! Welcome to 1260 Holbrook Terrace NE, a rare opportunity in the heart of North Trinidad. This well-maintained 6-unit apartment building is being delivered completely vacant, offering a blank slate for investors, developers, or owner-occupants looking to maximize rental income or reconfigure the space to suit their needs. Current layout includes 2- 3bed/2bath units and 4- 2bed/2bath units. Each unit has been kept in good condition, making this a turn-key asset with value-add potential. Located on a quiet residential block just minutes from Union Market, H Street Corridor, Gallaudet University, and public transit, this property sits in a rapidly growing neighborhood with strong rental demand. Whether you're looking to hold and rent, condo convert, or explore redevelopment options, 1260 Holbrook Terrace is a versatile investment in a prime DC location. Property to be Sold AS-IS

Vacant 4 story building on H Street NE in the entertainment district of NE DC inside of the Capitol Hill/NOMA Neighborhood. Current Condition Upgrades: The property has recently been updated with new sprinkler system, electric, plumbing, HVAC, roofing, flooring. Rehab the property as is for nightlife, restaurant, or retail use or build 4 levels of residential or office atop ground floor and basement retail. This property is a complete SHELL. Land Use: Mixed Use Commercial/Arts District with the potential of 25,000-30,000 SF Building. Height: Up to 70 feet. 6 Stories Plus Basement. 5.0 Buildable FAR by a matter of right. Diagonally located across from Atlas Theater. Union Station/Benning Road Trolley Car in front. Property is being sold in Strictly "AS IS" condition. 4,700+/- Square Feet

Want to be your own boss? Opportunity is knocking... For just $185k, you can own a 4,000 sqf auto repair shop (Business for sale only, not including Real Estate). Tools and equipments are worth more than $120k. Some of the features including: One office, a waiting room, second level for storage, 1 full bath and 2 half baths, 3 lifts, an additional lift for alignment, tire changing station, milling machine for rotor re-surfacing, alignment equipments, Snap-on OBD2 scanner, Snap-on Ac charger, Welder, Transmission Fluid flush machine. This auto repair shop has been serving the community and customers with integrity for many years. The business at this shop are not just from personal automobiles but including corporation's auto fleet, the business income is stable, and profitable. Low monthly rent ($3,436.00) and the lease is good until 2029. If interested, please contact listing agent directly to make an appointment. Please do not come to the shop without appointment. Please do not interrupt employees. Thank you for your cooperation.

Primed to develop! Vacant & gutted the present owner combined 2 buildings you can re-separate into 2 parking in rear for one car! Owner will not hold financing or rent! This one level structure has a full basement Owner has blueprints for 2 additional levels Call agent to show Not on showing time! Call Denise Champion or Derek Jones Bring a flashlight!

Shovel Ready, Prime Development Opportunity: 1361 Florida Ave NE, Washington, DC 20002 Seize the chance to acquire a fully permitted and shovel-ready 7-unit apartment development project in the vibrant Trinidad neighborhood. Priced at $1.2 million, this property comes with approved plans, allowing developers to commence construction promptly. Property Highlights: - Address: 1361 Florida Ave NE, Washington, DC 20002 - Zoning: Commercial - Approved Development: 7 residential units - Projected Unit Sale Prices: $400,000 to $550,000 per unit Location Advantages: Situated in the heart of Trinidad, this property offers unparalleled access to Washington, D.C's dynamic urban lifestyle. Residents will benefit from proximity to: - Transportation: Multiple bus routes and easy access to major thoroughfares - Amenities: A diverse array of dining, shopping, and entertainment options - Recreation: Nearby parks and cultural attractions Investment Potential: The Trinidad neighborhood has experienced significant appreciation, with comparable units selling within the projected price range. This development promises a substantial return on investment, capitalizing on the area's growth and demand for quality housing. Next Steps: With plans and permits in place, this project is primed for immediate development. Developers can expedite the construction process, meeting the market's demand efficiently. Don't miss this exceptional opportunity to invest in one of Washington, D.C's most promising neighborhoods. For detailed plans, and financial projections, or to schedule a site visit, please contact us.

Established for over 10 years, this well-known and highly regarded restaurant serves the African diaspora and beyond with authentic Senegalese dishes. With an annual gross revenue of $440k, it stands as a profitable venture with significant growth potential. Lease: $2800/ month. utilities : $500/ month Key Features: Reputation: Well-established with a strong customer base. Cuisine: Specializing in authentic Senegalese cuisine. Revenue: Grossing $440k annually. Growth Opportunities: Additional Services: Potential to increase revenue by offering new services. Liquor License: Currently does not have a liquor license, presenting an opportunity for additional income. Interior Reconfiguration: With proper reconfiguration, the interior can accommodate more seating, increasing patron capacity. Contact Us: Don't miss this opportunity! Contact us today for more information.

THIS IS AN OPPORTUNITY FOR A SAVVY DEVELOPER TO BUILD A MULTIFAMILY UNITS IN THIS RAPIDLY GROWING RHODE ISLAND AVE CORRIDOR OF WASHINGTON DC , THE SCHEMATIC PLANS IS UPLOADED IN THE DOCUMENTS SECTIONS OF THIS LISTING. THE PLAN WILL GIVE YOU AN IDEA OF WHAT YOU CAN IMAGINE FOR THIS SPACE. RIGHT ON THE MAIN STREET OF R.I AVE, CLOSE TO THE RHODE ISLAND METRO STATION , SHOPPING CTR, MAJOR BUS ROUTE. PLEASE DO YOUR DUE DILIGENCE

Prime Development Opportunity in Trinidad - 1611-1613 Montello Avenue NE, 2 blocks from Gallaudet University, close to Union Market and NOMA. Corner Fee simple building, Total 7,990 SF LOT, Zoned MU-3A ALLOWS 3 stories, Height up to 40 Feet, rare chance to develop a multifamily mixed-use project the retail space on the ground floor. The neighborhood has experienced significant appreciation, several nearby properties have been successfully developed into boutique condo building, indicating the strong potential for expansion. Contact Lister for details and schedule a viewing. Please DO NOT DISTURB the current operator! ALL offers encouraged. An incredible value that won't last long!

Discover unparalleled opportunity in the heart of the resurging Atlas District with this captivating three-level retail building. Boasting 5,877 square feet of space, this prime corner property offers endless possibilities for your business endeavors. Imagine the potential of a large outdoor patio at street level, inviting guests to indulge in the vibrant atmosphere of one of DC's liveliest neighborhoods. With exceptional visibility, this location presents a remarkable branding opportunity that ensures your business stands out amidst the bustling cityscape. Step onto the rooftop deck and behold the breathtaking views, setting the stage for unforgettable experiences. This amazing rooftop terrace offers a space where patrons can savor the moment and create lasting memories. The property features modern amenities and upgrades, including: Electricity: Upgraded with a total of 800 AMPS for enhanced efficiency. HVAC: Five brand-new HVAC units with separate zones ensure optimal comfort for patrons. Fire Safety: Benefit from peace of mind with a new sprinkler system installed. Restrooms: Enjoy the convenience of three brand-new restrooms, including one ADA compliant. Hot Water: Two new heaters provide reliable hot water supply. Roof: A new roof with framing at 12-inch centers, updated membrane, and decking ensures durability and longevity. Stairs: Access from the lower level to the rooftop is seamless with a new internal metal staircase. Kitchen Infrastructure: The finished lower level is equipped with kitchen infrastructure, including cutouts for a vent shaft to the roof, catering to a variety of culinary ventures. Don't miss this rare opportunity to secure your place in one of DC's most dynamic neighborhoods. Elevate your business to new heights in a space designed for success. Schedule a viewing today and unlock the potential of this extraordinary property.