The Offering

Summary

  • List Price $1,900,000
  • Product Type Office/Specialty
  • Gross Building Area 6,383 SF SF
  • Lot Size 2,141 SF
  • Occupancy 0%
  • Zoning MU-4
  • Street Frontage - Rhode Island Avenue NE 43'2"
  • Street Frontage - 20th Street NE 67'9"

Investment Summary

Feldman Ruel is pleased to exclusively offer for sale 2000-2002 Rhode Island Avenue NE, a 6,373-square-foot, MU-4-zoned property at a signalized intersection. The subject property is currently operated as a healthcare training facility and has significant repositioning potential as it will be delivered vacant. There are three levels, each with their own point(s) of egress, creating the opportunity to operate this as a multi-tenant commercial or mixed-use asset. The subject property's nine electric meters also make it convenient to recapture expenses should the it further subdivided.

Investment Highlights

• Full- or Partial-User Optionality | Delivered Vacant at Closing

• Repositioning Opportunity | 7 Points of Egress and 9 Electric Meters

• Flexible MU-4 Zoning | Uses Including Retail, Office, Multifamily & More
• Located at a Signalized Intersection Along a Highly Trafficked Commuter Corridor

• Situated in the Path of a Robust Development Pipeline

Listing Agents

Brandon Shure

Brandon Shure

Investment Associate
Feldman Ruel
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