202-775-7091
900 Rhode Island Ave NE, Washington, DC for Sale
Light Distribution - FOR SALE
1/3
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900 Rhode Island Ave NE
Washington, DC 20018
Brookland


HIGHLIGHTS

  • One block to the Rhode Island Avenue - Brentwood Metro Station (Red Line) and located on one of Washington’s major vehicular thoroughfares
  • 98% leased to two tenants. There is optionality to renew tenants at the end of current lease term.
  • Directly across Rhode Island Avenue from a grocery store and abundant service retail.
  • Investors have the timing optionality to introduce a new project to the market with limited new supply delivering over the next few years.
  • Over 160 feet of frontage on Rhode Island Ave providing a highly visible project.
  • In The Path of Growth - Continuing the eastward path of new mixed-use development.

OVERVIEW

Transwestern’s Mid-Atlantic Capital Markets Group is pleased to present the fee simple interest in 900 Rhode Island Avenue NE (the “Property”), a premier multi-family development opportunity located in Washington, DC. Strategically positioned adjacent to the Rhode Island Avenue Metro Station (Red Line), the Property offers exceptional transit-oriented development potential within the rapidly evolving Rhode Island Avenue corridor. Zoned MU-6, the site allows for by-right residential redevelopment, eliminating the need for the Planned Unit Development (PUD) process or additional entitlements—streamlining the development process. The 43,996 square foot site allows for 264,000 - 315,000 square feet of density (6.0 – 7.2 FAR w/IZ). Furthermore, the Property is currently leased to two tenants with the last lease expiring in January 2026, providing optionality to renew the tenants or move immediately forward with the redevelopment of the site.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Jimmie Muscatello's Washington Uniform Cente

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1923

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

67

LAND DETAILS

LAND ACRES

1.01

LAND SF

43,996

ZONING

MU-6

APN/PARCEL ID

3844-0072

ASK ABOUT THIS PROPERTY

Gerry TrainorTranswestern Real Estate ServicesMore Info
202-775-7091

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Gerry TrainorTranswestern Real Estate ServicesMore Info
202-775-7091

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