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+GGs 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. Owner would consider a leaseback 5-year option.
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0BEDS
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0.4ACRES
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0BATHS
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01/2 BATHS
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+GGs 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. Owner would consider a leaseback 5-year option.
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