2412 18th Street NW (Rear)

Washington, D.C. 20009

Offering Memorandum

The Offering

Summary

  • List Price $2,500,000
  • Building Size 6,828 SF
  • Product Type Retail/Office/Residential/Flex
  • Year Built 1913
  • Lot Size 6,067 SF
  • Zoning MU-5A
  • Occupancy 0%
  • Price Per SF $366.14
  • Street-Level SF 5,448 SF
  • Sublevel SF 1,380 SF
  • Ceiling Heights - 1st Level 10'10"
  • Ceiling Height Sublevel 7'06"

Investment Summary

Feldman Ruel is pleased to present 2412 18th Street NW (Rear), a unique conversion opportunity for an owner-user or investor. The open floor plan, high ceiling heights, and alley accessibility provide a wide range of potential retail, restaurant, arts/gallery, office, and other creative uses. The subject property is located in the heart of the Adams Morgan neighborhood of Washington, D.C. and within walking distance to Woodley Park, U Street, 14th Street, Dupont Circle, and Columbia Heights.

Investment Highlights

• Ideal for an Owner-User | Delivered Vacant at Closing

• MU-5A Zoning Allows for a Wide Range of Uses Including Retail, Office, & Multifamily

• Conveys with Approved Plans for a Larger Water Line and a 1,200-Amp Electrical Upgrade
• Situated Immediately Adjacent to Adams Morgan’s Main Commercial Artery, 18th Street NW

• Less Than 200 Feet from 24/7 Garage Parking Offering Hourly, Daily, & Monthly Rates

• Strong Demographics | Average Household Income of $154,488 within a 1-Mile Radius

Listing Agents

Ian Ruel

Ian Ruel

Managing Principal
Direct: (202) 318-6844
Josh Feldman

Josh Feldman

Managing Principal
Direct: (202) 318-6833
Adam Costanzo

Adam Costanzo

Senior Associate
Direct: (202) 318-6826