918-922 U St - Office FOR SALE


Washington, DC 20001- U Street
$5,500,000 USD
202-318-6800
918-922 U St, Washington, DC for Sale
$5,500,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

NEW


918-922 U St
Washington, DC 20001
U Street


HIGHLIGHTS

  • Delivered Vacant | Well-Suited for a Full- or Partial-User, Investor, or Developer
  • Configuration Optionality | Existing Façade Provides 3 Points of Entry
  • Large 5,500-SF Floor Plate Allows for Numerous Uses & Layouts
  • Permitted Uses Include Retail, Service, Office, & Multifamily | Maximum 5.0 FAR
  • Located Along a Major Commercial Corridor | 22,047 VPD
  • Surrounded by Public Transit | 300 Feet from the U Street Metro Station Entrance

OVERVIEW

Feldman Ruel is pleased to offer for sale 918-922 U Street NW, which is comprised of a 13,407-square-foot building situated on a 5,520-square foot lot. The subject property, which will be delivered vacant, offers two levels above a small sublevel and a mezzanine level. The building’s large 5,500-square-foot floor plate, mostly open floor plan, three separate points of ingress/egress along U Street NW, alley access to the east and south, and rare ceiling heights on the second level create an extremely unique opportunity for a full- or partial-user to locate a retail, office, or arts-related business on-site. Alternatively, a savvy developer could take advantage of the significant untapped FAR to add density and create a larger multifamily or mixed-use structure that would benefit from its vicinity to Howard University and other nearby amenities. While 918-922 U Street NW is located in the Greater U Street Historic District, its ARTS-2 zoning provides for a maximum FAR of 5.0.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$410 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,520 SF

ZONING

ARTS-2

APN/PARCEL ID

0361-0015,0361-0016,0361-0017

ASK ABOUT THIS PROPERTY

Josh FeldmanFeldman Ruel Urban Property Advisors, LLCMore Info
202-318-6800

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Josh FeldmanFeldman Ruel Urban Property Advisors, LLCMore Info
202-318-6800

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