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2808 Douglas St NE 2,944 SF 100% Leased Office Building Washington, DC 20018 $1,250,000 ($424.59/SF)



INVESTMENT HIGHLIGHTS
- Flexible MU-4 zoning supports mixed-use and multifamily options
- Prime location near National Arboretum and growing retail corridor
- Strong demographics with average household income over $117K
- Renovated in 2018, blending historic charm with modern upgrades
- Excellent access to major commuter routes and transportation hubs
EXECUTIVE SUMMARY
Positioned in Washington, DC’s vibrant Northeast submarket, 2808 Douglas Street NE offers a rare opportunity for investors seeking a versatile property in one of the city’s most active redevelopment corridors. This 2,944 SF building, originally constructed in 1935 and thoughtfully renovated in 2018, combines historic character with modern adaptability. Zoned MU-4, the site supports a wide range of commercial or residential configurations, including boutique multifamily redevelopment—a compelling advantage in a market with strong housing demand.
The property’s location is a standout feature. Nestled near the National Arboretum, it provides a unique blend of urban convenience and natural tranquility. Surrounding neighborhoods are experiencing rapid growth, with expanding retail, dining, and service amenities that enhance livability and tenant appeal. Excellent access to major transportation routes ensures connectivity to downtown DC and the broader metropolitan area, making this an ideal choice for investors focused on long-term value creation.
With a competitive price point of $1,250,000 and strong fundamentals for repositioning or redevelopment, this asset represents a strategic entry into Washington, DC’s dynamic real estate market. Whether your vision is adaptive reuse, multifamily development, or a creative commercial concept, 2808 Douglas Street NE delivers the flexibility and location to make it happen.
The property’s location is a standout feature. Nestled near the National Arboretum, it provides a unique blend of urban convenience and natural tranquility. Surrounding neighborhoods are experiencing rapid growth, with expanding retail, dining, and service amenities that enhance livability and tenant appeal. Excellent access to major transportation routes ensures connectivity to downtown DC and the broader metropolitan area, making this an ideal choice for investors focused on long-term value creation.
With a competitive price point of $1,250,000 and strong fundamentals for repositioning or redevelopment, this asset represents a strategic entry into Washington, DC’s dynamic real estate market. Whether your vision is adaptive reuse, multifamily development, or a creative commercial concept, 2808 Douglas Street NE delivers the flexibility and location to make it happen.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
2,944 SF
Building Class
B
Year Built/Renovated
1935/2018
Price
$1,250,000
Price Per SF
$424.59
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
981 SF
Slab To Slab
9’
Building FAR
0.49
Lot Size
0.14 AC
Zoning
MU-4 - The MU-4 zone is intended to permit moderate-density mixed-use development at a limited height and with an emphasis on housing.
Parking
8 Spaces (2.72 Spaces per 1,000 SF Leased)
AMENITIES
- Kitchen
- Central Heating
- Air Conditioning
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 4349-0011 | Improvements Assessment | $682,120 |
| Land Assessment | $359,940 | Total Assessment | $1,042,060 |
PROPERTY TAXES
Parcel Number
4349-0011
Land Assessment
$359,940
Improvements Assessment
$682,120
Total Assessment
$1,042,060
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2808 Douglas St NE
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