1512 Good Hope Rd Washington, DC 20020

Listing details for 1512 Good Hope Rd, Washington, DC 20020 : 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 isn’t just a place of business—it’s a strategic asset. APPRAISED AT 1.22 IN JULY