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1259 4th St NE
Washington, DC 20002
Industrial Property For Sale
Investment Highlights
- Rarely available 3,600 SF Industrial building in close proximity to Union Market
- Below-market rent gives owner the opportunity to raise rents significantly upon lease expiration - Leased through 11/30/2023
- Existing building cashflows with an NOI of $83,748 which can offset your earring costs while new plans and permits are secured
- Zoned PDR1, one of the most common industrial zone in the DC
Property Facts
| Property Type | Industrial | Rentable Building Area | 3,600 SF |
| Property Subtype | Warehouse | No. Stories | 2 |
| Building Class | C | Year Built | 1931 |
| Lot Size | 0.05 AC | Tenancy | Single |
| Construction Status | Converted | ||
| Zoning | PDR-1 - which is designed to accommodate light industrial, manufacturing, and distribution uses | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.05 AC |
| Construction Status | Converted |
| Rentable Building Area | 3,600 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Tenancy | Single |
| Zoning | PDR-1 - which is designed to accommodate light industrial, manufacturing, and distribution uses |
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 3589-0031 | Improvements Assessment | $395,770 |
| Land Assessment | $678,320 | Total Assessment | $1,074,090 |
Property Taxes
Parcel Number
3589-0031
Land Assessment
$678,320
Improvements Assessment
$395,770
Total Assessment
$1,074,090
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