Log In/Sign Up
Your email has been sent.
1800 Montana Ave NE 8,271 SF 67% Leased Office Building Washington, DC 20002 $1,895,000 ($229.11/SF)
Investment Highlights
- Partial-User or Investor Opportunity | Multiple Execution Options
- Flexible Rare PDR-1 Zoning Offers Numerous By-Right Uses Such as Retail & Arts
- Surrounded by Brentwood, Ivy City, Union Market, & the U.S. National Arboretum
- Renovated in 2018 | Improvements Include New Roof, HVAC, Electrical, & Solar
- 2,300+ Residential Units & 400,000+ SF of Commercial Space in Process Nearby
Executive Summary
Feldman Ruel is pleased to exclusively offer for sale a unique flex-industrial opportunity located at 1800 Montana Avenue NE in Washington, D.C. Originally constructed as a motel, the subject property has been thoughtfully repositioned into small-format creative workspaces, a highly underserved product type within Washington, D.C. that continues to experience strong tenant demand.
The subject property consists of an 8,273-square-foot, multi-tenant building situated on a 4,310-square-foot lot with rare PDR-1 zoning, offering exceptional flexibility for a wide range of industrial and creative uses. The offering presents a compelling opportunity for an owner-user or investor seeking functional industrial space in an emerging submarket.
The vacant first level features eight roll-up garage doors, open bay configurations, ceiling heights exceeding 10 feet, and three-phase power, making it ideally suited for light industrial, production, distribution, showroom, studio, fabrication, or service-oriented uses. Existing income from the occupied upper levels provides immediate cash flow and the ability to offset occupancy costs while maintaining long term operational flexibility and future upside potential.
The subject property consists of an 8,273-square-foot, multi-tenant building situated on a 4,310-square-foot lot with rare PDR-1 zoning, offering exceptional flexibility for a wide range of industrial and creative uses. The offering presents a compelling opportunity for an owner-user or investor seeking functional industrial space in an emerging submarket.
The vacant first level features eight roll-up garage doors, open bay configurations, ceiling heights exceeding 10 feet, and three-phase power, making it ideally suited for light industrial, production, distribution, showroom, studio, fabrication, or service-oriented uses. Existing income from the occupied upper levels provides immediate cash flow and the ability to offset occupancy costs while maintaining long term operational flexibility and future upside potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
8,271 SF
Building Class
C
Year Built/Renovated
1982/2018
Price
$1,895,000
Price Per SF
$229.11
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,757 SF
Building FAR
2.02
Lot Size
0.09 AC
Zoning
PDR-1
Parking
4 Spaces
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 4103-0220 | Improvements Assessment | $835,400 |
| Land Assessment | $300,790 | Total Assessment | $1,136,190 |
Property Taxes
Parcel Number
4103-0220
Land Assessment
$300,790
Improvements Assessment
$835,400
Total Assessment
$1,136,190
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1800 Montana Ave NE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.