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2405 Douglas Street, NE 2405 Douglas Street, NE 0.37 Acres of Industrial Land for Lease in Washington, DC 20018
HIGHLIGHTS
- 16,188± SF of land (0.37± acres)
- Potential for a 16,000± SF industrial building
- Ideal location for Cannabis Cultivation Location
- Zoned PDR-1 with a 3.5 maximum FAR and 50’ maximum height
- For Lease ($15,000/Mo/NNN) or For Sale
LOT AVAILABLE
Display Rental Rate as
| Rental Rate |
|
Lot Size | 0.37 AC |
| Lease Term | Negotiable |
| Rental Rate | |
| Lease Term | Negotiable |
| Lot Size | 0.37 AC |
$15,000 Per Month/NNN - This unique 16,188+/- SF industrial parcel is ideally located just minutes from New York Avenue in the Langdon area of Ward 5. Nestled in a discreet industrial and residential neighborhood, the property is perfect for truck or vehicle storage, equipment and material storage, or other uses permitted under the Production, Distribution, and Repair (PDR-1) zoning. For the long-term development option, you can construct up to a 16,000+/-SF industrial building, giving this property significant upside potential. 2024 Real Estate Taxes: $14,771.46.
PROPERTY OVERVIEW
The property is currently secured with steel construction fencing, featuring a gated entrance and security cameras for added protection. The lot is flat, mostly gravel, and fully graded, ready for immediate use. In addition, this parcel is well-suited for a DC-licensed Medical Cannabis Manufacturer or Cultivation Center. The owner is open to leasing to medical cannabis-related purposes tenant, subject to all applicable ABCA regulations and licensing requirements. Currently, the property is tenant-occupied on a month-to-month basis, with the tenant open to extending their lease.
PROPERTY FACTS
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2405 Douglas Street, NE | 2405 Douglas Street, NE
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