233 Van Buren St NW - Warehouse FOR SALE


Washington, DC 20012
$1,950,000 USD
202-318-6808
233 Van Buren St NW, Washington, DC for Sale
$1,950,000 USD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

NEW


233 Van Buren St NW
Washington, DC 20012


HIGHLIGHTS

  • Multi-Tenant Urban Warehouse Space | In-Demand Product Type
  • Approved Plans & Permits to Restore Existing 11,000+ Square Foot Building
  • By-Right Development Potential of 44,061 FAR Square Feet
  • PDR-1 Zoning | Allows for Wide Range of Uses Including Retail, Office, & Self-Storage
  • 0.6 Miles from the Takoma Metro Station Along the Red Line

OVERVIEW

Feldman Ruel is pleased to offer for sale 233 Van Buren Street NW, a 12,589 SF parcel with an 11,956 warehouse/office. Situated on a corner and located 0.6 miles from the Takoma Metro station, the property is in shell condition, offering an investor or owner-user the opportunity to renovate to suit specific needs. Historically, the property served a multi-tenant office/industrial use, offering a new owner the option to occupy all or a portion of the building and lease the remainder. The PDR-1 zoned lot allows for a wide range of retail, office, self-storage, and light industrial uses and permits as much as a 3.5 FAR. 233 Van Buren Street NW represents an excellent opportunity for an owner-user to locate or expand their business in the rapidly developing Takoma neighborhood of Washington, D.C., given the various by-right uses and significantly underutilized FAR.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

1

DRIVE INS

3

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.29

LAND SF

12,589

ZONING

PDR-1

APN/PARCEL ID

3365-0837

ASK ABOUT THIS PROPERTY

Ryan SmithFeldman RuelMore Info
202-318-6808

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Ryan SmithFeldman RuelMore Info
202-318-6808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.