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1629 Benning Rd NE
Washington, DC 20002
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Heavy daytime foot traffic
- Warehouse
- Parking
EXECUTIVE SUMMARY
The commercial property is situated in one of the city’s most promising development corridors, attracting both investors and business owners alike. With the area's ongoing revitalization and infrastructure improvements, this location offers a prime opportunity for commercial ventures seeking to capitalize on the surge of economic growth. The property is ideally positioned for retail, office, or mixed-use developments, offering easy access to public transportation and proximity to major city hubs like the H Street Corridor. Additionally, the surrounding area has seen a wave of residential condo developments, further enhancing the attractiveness for businesses looking to serve a growing local population. Moreover, the neighboring building is also open for negotiation, creating a unique opportunity for larger-scale projects or expansion within this dynamic market.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Building Size
7,720 SF
Building Class
B
Year Built/Renovated
1984/1992
Price
$3,500,000
Price Per SF
$453.37
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,250 SF
Slab To Slab
9’
Building FAR
1.97
Lot Size
0.09 AC
Zoning
MU-5A(IZ+)
Parking
2 Spaces (5.71 Spaces per 1,000 SF Leased)
AMENITIES
- Storage Space
- Central Heating
- Smoke Detector
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $811,990 | |
| Land Assessment | $530,410 | Total Assessment | $1,342,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$530,410
Improvements Assessment
$811,990
Total Assessment
$1,342,400
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