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.