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438 Massachusetts Ave NW 3,385 SF Retail Building Washington, DC 20001 For Sale
Investment Highlights
- Fully renovated multi-level building configured for restaurant/bar use with outdoor patio.
- Exceptional downtown location with direct access to Gallery Place-Chinatown Metro and major thoroughfares.
- Zoning (D-4-R) allows for significant long-term redevelopment potential with 4.5 FAR.
- Historic Engine No. 6 building, one of DC’s oldest firehouses, offering unique architectural character.
- Surrounded by dense residential and retail, providing a strong walkable customer base.
- Delivered vacant, offering flexibility for owner-occupant or investment strategies.
Executive Summary
438 Massachusetts Ave NW presents a unique opportunity for an owner-occupant or investor in the heart of Washington, DC. This beautifully renovated, multi-level property offers 3,619 SF across two floors and a lower level, currently configured as a second-generation restaurant and bar with an outdoor patio (city permit in place). The property can be delivered vacant, providing flexibility for a new operator or redevelopment.
The building, known as Engine No. 6, is a historic structure that served as DC’s oldest operating firehouse for 95 years. It is one of the few remaining standalone buildings with exceptional frontage along Massachusetts Avenue NW. The property’s prime downtown location offers unmatched walkability and access to major city thoroughfares, with Gallery Place-Chinatown Metro just steps away.
Surrounded by large residential developments and within walking distance to Capital One Arena, CityCenterDC, and numerous dining and entertainment options, this property benefits from a strong built-in customer base. Additionally, D-4-R zoning allows for significant long-term redevelopment potential with a maximum FAR of 4.5, making this an attractive investment for both immediate use and future growth.
The building, known as Engine No. 6, is a historic structure that served as DC’s oldest operating firehouse for 95 years. It is one of the few remaining standalone buildings with exceptional frontage along Massachusetts Avenue NW. The property’s prime downtown location offers unmatched walkability and access to major city thoroughfares, with Gallery Place-Chinatown Metro just steps away.
Surrounded by large residential developments and within walking distance to Capital One Arena, CityCenterDC, and numerous dining and entertainment options, this property benefits from a strong built-in customer base. Additionally, D-4-R zoning allows for significant long-term redevelopment potential with a maximum FAR of 4.5, making this an attractive investment for both immediate use and future growth.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,385 SF
Building Class
C
Year Built/Renovated
1900/2011
Tenancy
Single
Building Height
2 Stories
Building FAR
0.78
Lot Size
0.10 AC
Zoning
D4R
Frontage
33’ on Massachusetts Avenue NW
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0517-0856 | Improvements Assessment | $1,467,380 |
| Land Assessment | $736,900 | Total Assessment | $2,204,280 |
Property Taxes
Parcel Number
0517-0856
Land Assessment
$736,900
Improvements Assessment
$1,467,380
Total Assessment
$2,204,280
Contacts
-
Alex Alperstein -
Chris Vondas -
Clark Turner -
AdvisoRE, LLC
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438 Massachusetts Ave NW
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