626-632 W St NE | Washington, DC 20002
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- LoopNet Team
626-632 W St NE
Washington, DC 20002
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- PDR-2 zoned industrial development site (+68,000 buildable SF) next to the Rhode Island Ave NE Metro Station
- Existing building cashflows with an NOI of $140,000 which can offset your carrying costs while new plans and permits are secured
- Excellent location adjacent to Brentwood/Rhode Island Ave Metro, Rhode Island Row, and across the street from MRP Realty’s Bryant Street project
- Sellers are open to alternative deal structures such as joint venture opportunities, seller financing, closing with permits in place, etc.
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built/Renovated | 1941/1988 |
| Building Class | C | Parking Ratio | 0.84/1,000 SF |
| Lot Size | 0.35 AC | Clear Ceiling Height | 12’ |
| Rentable Building Area | 10,703 SF | No. Drive In / Grade-Level Doors | 4 |
| Zoning | PDR-2 | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.35 AC |
| Rentable Building Area | 10,703 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1941/1988 |
| Parking Ratio | 0.84/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | PDR-2 |
AMENITIES
- Air Conditioning
UTILITIES
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Number | PAR-0131-0146 | Improvements Assessment | $593,170 |
| Land Assessment | $821,120 | Total Assessment | $1,414,290 |
PROPERTY TAXES
Parcel Number
PAR-0131-0146
Land Assessment
$821,120
Improvements Assessment
$593,170
Total Assessment
$1,414,290
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