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2206 14th St NW
Washington, DC 20009
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
3,699 SF
Building Class
B
Year Built
1912
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.70
Lot Size
0.05 AC
Zoning
ARTS-3 - intended to permit medium-density, mixed-use development, with a focus on employment.

ABOUT 2206 14TH ST NW , WASHINGTON, DC 20009

The Feldman Group of Marcus & Millichap is pleased to present the exclusive offering of 2206 14th Street NW. 2206 14th Street NW represents an opportunity for an owner-operator, value-add investor or developer to acquire a vacant commercial building with unutilized FAR. The subject property is a three-level, 3,763-square foot building situated on a 2,400-square foot lot. Consisting of 2,298 square feet of at-grade commercial space with fourteen foot ceilings, two skylights, and incredible exposure on one of D.C.’s most vibrant commercial corridors, 2206 14th Street NW is an excellent opportunity for an owner-operator or tenant to open a retail concept, restaurant or bar. The property is zoned ARTS-3, which permits 4.8 FAR above grade density with the inclusionary zoning bonus plus an additional penthouse bonus. This favorable zoning could allow an owner-operator, investor or developer the opportunity to add additional density to the property, as 2206 14th Street NW currently is only currently utilizing 26% of the above-grade density permitted per the zoning. 2206 14th Street NW is directly next door to Seven Reasons, a restaurant that has been critically acclaimed since it’s opening in April. Recently, Esquire Magazine named the restaurant “The Best New Restaurant of 2019”. for the entire country The opening of Seven Reasons has created positive momentum for the block, already home to popular destinations like Sakerum and Judy Restaurant. Further positive momentum will be created by Madison Investments’ Collection 14 development, located one block south of the subject property. The project, which is currently under construction, will deliver 233 residential units and 30,000-square feet of retail and office space. In addition, this year Ellisdale Construction will deliver 14th and Florida, located directly across the street from 2206 14th Street NW, which will consist of 56 residential units and 5,321-square feet of retail. The subject property benefits immensely from its proximity to the intersection of 14th Street NW and U Street NW, where development has continued to push north of the cross street. The success of Maydan, recent recipient of a Michelin star, and popular sports bar Franklin Hall, located just north of the subject property, has further demonstrated the viability and potential of the submarket. The U Street Corridor/Shaw has established itself as one of the most dynamic and most highly coveted areas in Washington, D.C., but with a massive amount of development in the pipeline, there still appears to be plenty of opportunity for future appreciation.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0202-0031
Land Assessment
$1,217,140
Improvements Assessment
$358,350
Total Assessment
$1,575,490
  • Listing ID: 18433950

  • Date on Market: 2/6/2020

  • Last Updated:

  • Address: 2206 14th St NW, Washington, DC 20009

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