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1800 Montana Ave NE 8,271 SF 67% Leased Flex Building Washington, DC 20002 $2,692,151 CAD ($325.49 CAD/SF)
Investment Highlights
- Partial-User or Investor Opportunity | Multiple Execution Options
- Flexible Rare PDR-1 Zoning Offers Numerous By-Right Uses Such as Retail & Arts
- Surrounded by Brentwood, Ivy City, Union Market, & the U.S. National Arboretum
- Renovated in 2018 | Improvements Include New Roof, HVAC, Electrical, & Solar
- 2,300+ Residential Units & 400,000+ SF of Commercial Space in Process Nearby
Executive Summary
Feldman Ruel is pleased to exclusively offer for sale a unique flex-industrial opportunity located at 1800 Montana Avenue NE in Washington, D.C. Originally constructed as a motel, the subject property has been thoughtfully repositioned into small-format creative workspaces, a highly underserved product type within Washington, D.C. that continues to experience strong tenant demand.
The subject property consists of an 8,273-square-foot, multi-tenant building situated on a 4,310-square-foot lot with rare PDR-1 zoning, offering exceptional flexibility for a wide range of industrial and creative uses. The offering presents a compelling opportunity for an owner-user or investor seeking functional industrial space in an emerging submarket.
The vacant first level features eight roll-up garage doors, open bay configurations, ceiling heights exceeding 10 feet, and three-phase power, making it ideally suited for light industrial, production, distribution, showroom, studio, fabrication, or service-oriented uses. Existing income from the occupied upper levels provides immediate cash flow and the ability to offset occupancy costs while maintaining long term operational flexibility and future upside potential.
The subject property consists of an 8,273-square-foot, multi-tenant building situated on a 4,310-square-foot lot with rare PDR-1 zoning, offering exceptional flexibility for a wide range of industrial and creative uses. The offering presents a compelling opportunity for an owner-user or investor seeking functional industrial space in an emerging submarket.
The vacant first level features eight roll-up garage doors, open bay configurations, ceiling heights exceeding 10 feet, and three-phase power, making it ideally suited for light industrial, production, distribution, showroom, studio, fabrication, or service-oriented uses. Existing income from the occupied upper levels provides immediate cash flow and the ability to offset occupancy costs while maintaining long term operational flexibility and future upside potential.
Property Facts
Amenities
- 24 Hour Access
- Security System
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 4103-0220 | Improvements Assessment | $1,186,819 CAD |
| Land Assessment | $427,320 CAD | Total Assessment | $1,614,140 CAD |
Property Taxes
Parcel Number
4103-0220
Land Assessment
$427,320 CAD
Improvements Assessment
$1,186,819 CAD
Total Assessment
$1,614,140 CAD
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1800 Montana Ave NE
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