2000-2002 Rhode Island Ave NE - Office FOR SALE


Washington, DC 20018- Brookland
$1,900,000 USD
202-318-6800
2000-2002 Rhode Island Ave NE, Washington, DC for Sale
$1,900,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

NEW


2000-2002 Rhode Island Ave NE
Washington, DC 20018
Brookland


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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,141 SF

ZONING

MU-4

APN/PARCEL ID

4219-0825

ASK ABOUT THIS PROPERTY

Adam CostanzoFeldman RuelMore Info
202-318-6800

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Adam CostanzoFeldman RuelMore Info
202-318-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.