The median home value in Forest Heights, MD is $358,900.
This is
lower than
the county median home value of $369,000.
The national median home value is $308,980.
The average price of homes sold in Forest Heights, MD is $358,900.
Approximately 67% of Forest Heights homes are owned,
compared to 27% rented, while
6% are vacant.
Forest Heights real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Forest Heights real estate agent to arrange a tour
today!
Learn more about Forest Heights Real Estate.
We were unable to find listings in Forest Heights, MD
This is a business for sale located near national harbor. It has one walking cooler and a walking freezer. Other equipment include a large fridge display case for seafood, 2 beverage display fridges, 3 medium size freezers, Ice maker, 3 fryers, griddle 3 section large stove top with fitted water faucets, and more detailed in the images etc. All equipment and existing supplies are included with up purchase.
Well maintained asset 5 unit Multi Family property, conveniently located within the rapidly growing Congress Heights neighborhood of Southeast DC, just 0.6 miles from the St. Elizabeth's East, one of the largest developments in the DC area. The property is also located near convenient access to Public Transportation. 4 units occupied and one unit vacant , currently generating $6200 from the occupied 4 units . Each unit is set up with 2 bedrooms and 1 bathroom. Private rear parking lot for tenants. Great investment opportunity with immediate cash flow. Contact the listing agent for more details.
Foreclosure auction to be held April 25th at GCAAR office: 1615 New Hampshire Ave NW, Third Floor. This is one of nine multifamily units to be auctioned separately. See Substitute Trusteeâs Notice for auction terms. 4318 Halley Terrace SE is a 2-story plus finished basement level semi-detached multi-family apartment property reportedly containing a total of six 3-bedroom apartments. The building was constructed in 1943 and renovated in 2019. The 4,800 square foot building sits on a 3,424 square foot lot. The building is served by all utilities to include water, sewer, gas, electric and phone. The building is heated and cooled with ductless mini-split systems which were all replaced in 2019 as part of the overall renovation of the property. All tenants are believed to have been approved through the District of Columbiaâs Housing Authorityâs Housing Choice Voucher Program. Current allowable rent is $1,893/month for 3-bedroom units. List price is tax assessment for MRIS purposes only. Actual price to be determined at foreclosure auction. See information flyer in document section.
Vacant 8 Unit apartment building, completely gutted and rebuilt with all new interiors, mechanical systems, structural improvements and penthouse. Construction is in progress with expected completion by mid 2024. Units will be all self-contained featuring in-unit washer/dryers, all electric systems, heat pumps and modern finishes. Great opportunity to purchase a cash-flowing rental property in an up-and-coming area without TOPA. Contact Listing Agent for plans, permits or to view prior to construction completion.
Introducing a Prime Investment Opportunity in Oxon Hill, Maryland! ð Fully Leased Office Building with a Solid 7% Cap Rate This remarkable property boasts a fully leased office building with a solid net income, offering a lucrative 7% Capitalization Rate (Cap Rate). Its excellent maintenance, both inside and out, ensures a lasting investment opportunity for discerning buyers. Gross well over $407K net flow $350K per year. need to say more this is your opportunity to own a beautiful office building. ð Ample Parking and Expansion Potential The property includes plenty of parking spaces, and an adjacent lot can be negotiated as part of the sale. This offers flexibility for future expansion or development, making it a savvy investment choice. ð¢ Versatile Usage Potential Situated in the rapidly changing Oxon Hill area, this building presents multiple possibilities for income generation. It can be repurposed for enhanced revenue or transformed into new developments such as renowned hotel chains like Marriott or Hilton, apartments, or major retail establishments. ð©ââï¸ Medical Practitioner's Dream The first floor features a state-of-the-art operating room with a waiting area and offices, making it an ideal location for a medical practitioner or doctor's office. ð Hot Property with Updated Zoning Recently updated to a NAC zone, this property is in high demand. Located southeast of Washington, DC's downtown district and east of Alexandria, Virginia, it is strategically positioned for success. ð Strategic Location Situated near bustling Oxon Hill Rd, the property is surrounded by major businesses, retailers, restaurants, and banks. It offers easy access to Interstate 95/495 Capital Beltway and is just 10 minutes from the thriving National Harbor area, which continues to see significant development. ð° Price to Sell This is a rare opportunity for savvy investors with vision. With two proposed developments within a 5-minute radiusâcondos with 200+ units and a high-rise apartment building with 200+ unitsâthis property promises substantial returns. Don't miss out on this exceptional investment in one of Maryland's hottest areas. Contact us today to seize this golden opportunity!
There are newly renovated, 4 units with one bedroom and one bathroom. There is 1 unit with four bedrooms and two bathrooms on the first level. This unit is not a newly renovated. There is 1 unit is unfinished on the lower level. New Roof and New Fence. Potential good income.
Foreclosure auction to be held April 25th at GCAAR office: 1615 New Hampshire Ave NW, Third Floor. This is one of nine multifamily units to be auctioned separately. See Substitute Trusteeâs Notice for auction terms. 4001 First Street SE is a 3-story plus finished basement level detached multi-family apartment property reportedly containing a total of eight 3-bedroom apartments. There are 8 parking spaces. The building was constructed in 1967 and renovated in 2019. The 6,000 square foot building sits on a 4,200 square foot lot. The building is served by all utilities to include water, sewer, gas, electric and phone. The building is heated and cooled with package HVAC units which were all replaced in 2020 as part of the overall renovation of the property. All tenants are believed to have been approved through the District of Columbiaâs Housing Authorityâs Housing Choice Voucher Program. Current allowable rent is$1,893/month for 3-bedroom units. List price is tax assessment for MRIS purposes only. Actual price to be determined at foreclosure auction. See information flyer in document section.
USE SPACE FOR YOUR OWN BUSINESS/COMPANY. Well maintained ONE-LEVEL COMMERCIAL CONDO OFFICE UNIT located in the heart of Oxon Hill, MD, Near National Harbor/Rivertown! Offering FIVE TOTAL PRIVATE OFFICES/ROOMS, a lobby/reception area, a common/flex area, and two bathrooms. Ideal for investment purposes, professional office, business space, educational training, medical or dental office, spa/salon, or wellness retreat space. Featuring two offices with windows and a common area with cabinetry & shelving. All furniture items are FOR SALE. Ample parking spaces for employees and customers. Paved parking lot with light poles add visibility at dusk/nighttime. Subject to condo association rules and use & occupancy permit requirements. Conveniently located within minutes from the National Harbor, MGM, Gaylord National Resort and Convention Center and Tanger Outlets. Accessible to military installations (Andrews Air Force Base, Bolling, Pentagon, Ft Myers, and Indian Head Naval Base). Commutable to the capital beltway I-95/495, Rt 5/Branch Ave, Rt 210/Indian Head Hwy, metro/subway stations, commuter/park and ride bus routes, schools and universities. Enjoy local shopping at the nearby Rivertowne Commons Marketplace. Close to movie theatres, restaurants, eateries, sporting and entertainment venues, hiking/biking/jogging/walking trails, and more!
CALLING ALL INVESTORS AND DEVELOPERS!! â FOR THE NEW AND UPCOMING CONGRESS HEIGHTS SE DC. THIS LOCATION IS A WIN WIN!! This is an excellent investment opportunity in the heart of Congress Heights DC. Look no further. This two-level building with a basement is an investor's dream and a developer's delight just waiting for you. It is in a prime location at the center of major development and growth in SouthEast Washington DC, offering an excellent opportunity for commercial ventures in a high-traffic area. The building present an opportunity for investors to reconfigure the space and maximize its potential. Additionally, it is situated in an area with excellent foot traffic, ensuring that a commercial venture will be exposed to a high number of potential customers. The surroundings of this property boast major mixed-use commercial buildings under development and nearby you will find historic sites and great entertainment in close distance public transportation, St. Elizabeth new developments, Homeland Security, Sports Arena, MGM Casino, The Gaylord Hotel, National Harbor, Tanger Outlets shopping, Bolling AFB, Downtown DC and Alexandra VA., and so much more. SOLD AS IS. Making it an ideal location for a wide range of businesses. Don't miss out on this prime investment opportunity in one of the most sought-after areas of Washington DC. Contact Melea King (202) 766-8762 to schedule a showing and make an offer on this exceptional property.
LOCATION! LOCATION! LOCATION! Conveniently located between the up and coming Old Town North area of Alexandria and Historic Old Town Alexandria, lies 801 North Pitt, Suite 117. Less than a mile to the Court House of Alexandria. Less than a mile to the Braddock Road Metro Station, less than four miles to Reagan National Airport. Less than eight miles to Capitol Hill or K Street. This conveniently located office condominium features over 2200 square feet of office space already configured for professional use. Six private offices, a large corner conference room (approximately 20' x 20'), a large common area, and break room are ready to go to work. Perfect for attorneys, accountants, lobbyists, technology professionals who need quiet office space for business with excellent access to the corridors of power.
Calling all investors! Check out this great property for sale! Approximately 1000 sq. in a great location & exposure. Close to beltway and major roads. Property can be used for office, medical, salon, services - tax acct, lawyer, mortgage broker, realtor, etc. Come and schedule your showing now!
Prime location in Old Town Alexandria, hair Salon is up for sale. This is a business sale ONLY. No real estate is attached to the sale of the hair salon. It has been in business for 5 years. The current owner wants to sell the business due to his health problems. The new owner would take over the salon with the existing business and take over with a new lease. The old owners would like to stay for a few more months and contribute to the monthly rent of $3090/month. The salon features four chairs, two hair-washing basins, a powder room, and a kitchenette. The upper level can be used for office space/bedroom. It can also be used as a living or office space for the new owner. It can also sublease to other business owners.
Foreclosure auction to be held April 25th at GCAAR office: 1615 New Hampshire Ave NW, Third Floor. This is one of nine multifamily units to be auctioned separately. See Substitute Trusteeâs Notice for auction terms. 2812 Pomeroy Road SE is a 2-story plus finished basement level semi-detached multi-family apartment property reportedly containing a total of six 3-bedroom apartments. The building was constructed in 1943 and renovated in 2019. The 5,500 square foot building sits on a 3,295 square foot lot. The building is served by all utilities to include water, sewer, gas, electric and phone. The building is heated and cooled with ductless mini-split systems which were all replaced in 2019 as part of the overall renovation of the property. All tenants are believed to have been approved through the District of Columbiaâs Housing Authorityâs Housing Choice Voucher Program. Current allowable rent is$2,013/month for 3-bedroom units. List price is tax assessment for MRIS purposes only. Actual price to be determined at foreclosure auction. See information flyer in document section.
Prime Commercial Property with Endless Potential in Old Town Alexandria Located in the heart of historic Old Town Alexandria, this expansive commercial property offers a rare opportunity for new owners to unlock its full potential. Boasting over 6000 square feet of space, this historic secured building, originally built in the 1940s as a 6-unit apartment building, is now ready for transformation into your dream venture. Ideal for a variety of businesses, including law offices, title companies, mortgage firms, or even potential apartment conversions, this property offers versatility and prime location rolled into one. Situated conveniently downtown with easy access to major highways, public transportation, and just a short commute to Washington DC, it presents an unparalleled opportunity for business success. Currently configured with 19 executive offices, 2 conference rooms, a reception area, and 4 bathrooms, this property is designed to accommodate the needs of a thriving business. Additionally, the onsite private parking adds convenience for both clients and employees alike. Seller financing is available, making this an even more enticing opportunity for aspiring entrepreneurs or seasoned business owners looking to expand their footprint in this vibrant community. Don't miss out on the chance to make your mark in one of the most sought-after locations in Old Town Alexandria. Contact us today to schedule a viewing and explore the possibilities that await you in this prime commercial space.
Feldman Ruel Urban Property Advisors is pleased to exclusively offer for sale 2628 Martin Luther King Jr. Avenue SE, a 10-unit multifamily development site located in the Anacostia neighborhood of Washington, D.C. At closing, the site will convey with a full set of DCRA-approved plans and all permits required to break ground immediately. Investment Highlights SHOVEL-READY DEVELOPMENT OPPORTUNITY CLOSE PROXIMITY TO PUBLIC TRANSPORTATION LOCATED IN OPPORTUNITY & HUB ZONES SURROUNDED BY FUTURE DEVELOPMENT LARGER UNITS Client must review Offering Memorandum prior to a tour being scheduled. Agents should download the Offering Memorandum from our website via listings page. Tours SAME DAY TOURS NOT AVAILABLE Please call listing agent after client has reviewed the Offering Memorandum to discuss a tour.
112 S West St has four levels--all above grade, one elevator, and stairs. The first floor offers an entry lobby, reception area, large conference room, kitchen and powder room. This floorâs amenities can be made available to the entire Building. The second through fourth floor includes a primarily office intensive build out. Each of the upper floors has a menâs and womenâs bathroom and a kitchen. Eight covered parking spaces are included and accessed from S. West Street. Additional parking is available nearby. A law firm currently leases the entire building with the lease expiring December 31, 2025. However, the Building can be delivered vacant, or the existing tenant could consolidate on one floor, sign a new lease, and, thus, help a new owner/user to carry the costs of the Building. The Property is located ½ block off King StreetâOld Town Alexandriaâs main east/west corridor. The location is a commuterâs dream as the King Street Metro station is less than a five-minute walk from the Buildingâs front door. King Street includes some of Alexandriaâs best shopping and finest restaurants. Free bus service runs back and forth on King Street from the King Street Metro to Old Townâs famous waterfront district. The U.S. Patent and Trade Office headquarters, the U.S. District Court for the Eastern District of Virginia, and the National Science Foundation are all approximately a ten-minute walk away. The Amazon HQ2 and the Virginia Tech Innovation Campus are located three and four Metro stops away. Call for a tour.
Incredible business opportunity available in the heart of historic Old Town Alexandria! We are seeking a dedicated owner-operator to take the reins of this thriving barbershop, featuring 5 chairs, 1 shampoo station, and a complete inventory of essential tools and supplies for seamless business operations. This fantastic location boasts significant foot traffic and boasts a well-established clientele base spanning over 8 successful years. The current owner is looking to pass the torch due to retirement, making this a unique opportunity for someone passionate about the industry. The lease spans 5 years with the option to extend for an additional 5 years (5+5). If you have any inquiries or require further information, please do not hesitate to reach out to Asim Don't miss your chance to own and operate this thriving barbershop in a prime location
Owner is preparing to move on after serving the students and adults in this community for over 25 years at the SAFEWAY Driving School. A hands on instructional and on road driver training with its own driving course. This is a cash cow, cash flow business and with the right owner could continue to be so. The overhead for the business is very low. If you have the time, please consider setting up an appointment with the owner to talk with him about the new technologies and taking over the business.
Priced below the assessed value - 6,250 SF, 3-story office building, built in 1987. Walking distance of the King Street- Old Town metro station and multiple retail options. The building has 2 entrances/reception areas, a private and gated garage with 7 parking spaces. The propertyâs building systems and elevator have been routinely maintained and are in good condition. Windows on 3 sides and a skylight atrium bring abundant natural light to the propertyâs 15 offices and large conference room. There are 4 total bathrooms with an ADA accessible bathroom on the 2nd floor along with a kitchen and auxiliary conference room/work area. The 3rd floor contains a large server room and mechanical room.
Freshly updated and ready for your personal touch! Commercial property, live and work here! Large parking space in rear, next to shopping mall with great exposure, great way to start or continue your home business. Updated kitchen with quartz countertops, new engineered wood flooring on main level, hardwood on upper level, updated baths, like new windows, freshly painted and ready!
We are pleased to present this unique opportunity to own a mixed use building in the highly desirable and charming Del Ray neighborhood. The building includes two retail spaces one 850 sf space with a month to month lease and one 1,36 0sf space that just resigned a 5 year lease. There are executive offices on the upper two levels with month to month tenants. The flexible zoning will allow for residential conversion of the upper two floors all tenants month to month. This property is situated in the prime location on Mt. Vernon Avenue. The alley is shared with adjacent property owner. The building is surrounded by shops and restaurants in a family friendly and walkable neighborhood, with an average home sale price of $1 million. Contact listing broker for more information.
Investor alert! 21 unit development approved through BZA, 90-100 days away from permit.
* 5-Year Lease Extensions by tenants USPS and iData * Walk to proposed Wizards-Capitals Arena at Potomac Yard * Office floors upgraded to Class-A style * Upside with 3rd floor vacancy * An incredibleâand rareâ22 parking spaces * Residential conversion opportunity This unique property in the heart of Alexandriaâs vibrant and popular Del Ray neighborhood offers an opportunity for both users and investors, particularly with its multiple value-add opportunities. For users, operate your business on the now-vacant third floor while you benefit from $225,000+ in gross annual income from existing tenants, USPS and iData, each of which recently exercised options to extend leases for another five years as of January 1, 2024. For investors, lease up the third floor either as is for professional office, or target for more retail-like uses allowed under CL zoning, which could generate a higher rent than straight office. The 3rd floor has intentionally been kept vacant for a prospective owner-user to occupy. If leased, expect another $100K +/- in gross income. Among the value-add scenarios is to convert the third floor to residential, specifically four 1-BR apartments, that could command up to $2,350 per unit, based on a recent nearby lease comp. Or convert to a luxury 3-BR, 2-BA single-unit residence, as shown in the offering memorandum attached with the listing. Looking ahead, when lease options eventually expire, the second floor could also be converted to residential under the Mt. Vernon Overlay plan, for a total of eight 1-BR units, and the ground floor could be converted to other uses allowed under existing zoning, including restaurant use, yielding better returns. Included in asking price are an incredible--and rare--22 parking spaces on two RB-zoned lots behind the building at 115-117 E. Howell Ave. Parking allowed on these residential lots under an SUP that would need to be renewed by new owner.
INVESTOR ALERT! 14-unit development opportunity fully approved and permitted in hot Anacostia. All plans and permits will convey with sale. Upon Stabilization, the appraised value is estimated to exceed $3 million as of September 2023 with a projected annual NOI of $200k+. Potentially even higher value when the project is complete. Prospective buyers can achieve additional savings through in-house property management/ development. Property consists of three-combined residential lots. Begin construction immediately or lease single -family home until ready to start. Solid investment. Amazing view of the city skyline.
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