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Investment Highlights

  • Rare urban industrial asset; close to major transportation corridors: US295, Rte 50 and Benning Road NE. Metro 0.6 mi. for property.

Executive Summary

Exceptional Owner & Investment Opportunity in Emerging Industrial Corridor
258 35th Street NE represents a rare opportunity to acquire a renovated urban warehouse asset in a tightly held Washington, DC industrial market. With functional loading infrastructure, flexible industrial utility, and long-term redevelopment potential, the property offers compelling appeal for owner-users, investors, and strategic operators seeking proximity to the urban core.
Position your business or investment portfolio in one of Washington, DC’s most supply-constrained industrial markets. This rare freestanding warehouse opportunity offers approximately 3,485 square feet of renovated industrial space with immediate access to major transportation corridors, Metro connectivity, and the rapidly evolving Deanwood / Minnesota Avenue submarket. The property combines functional warehouse utility with long-term redevelopment and appreciation potential in a market where industrial inventory remains extremely limited.
Offered at $2,500,000, the property combines functional warehouse utility with long-term redevelopment and appreciation potential in a market where industrial inventory remains extremely limited.
Industrial properties inside Washington, DC remain exceptionally scarce, particularly assets with loading infrastructure and flexible zoning. The property sits within the Minnesota Avenue / Deanwood corridor, an area benefiting from:
• Continued public infrastructure investment
• Growing demand for urban logistics space
• Limited industrial development pipeline
• Increasing residential and mixed-use redevelopment nearby
• Strong connectivity to Capitol Hill, Downtown DC, Prince George’s County, and I-95 corridors
The property is:
• 0.6 miles from Minnesota Avenue Metro Station
• Near major traffic corridors: I-295, Route 50 and Benning Road
• Approximately 15–20 minutes from Downtown Washington
• Within reach of Reagan National Airport, Union Station, and regional freight routes
The building’s efficient industrial layout, loading capability, and strategic Northeast DC location make it ideal for:
• Last-mile logistics
• Construction or service contractors
• Food production or cold storage operators
• E-commerce distribution
• Fleet and operations headquarters
• Creative industrial conversion
• Long-term land banking and redevelopment strategies
Washington, DC Industrial Market Trends
The Washington metropolitan industrial sector continues to benefit from:
• Persistent demand for urban infill logistics
• Growth in same-day delivery and e-commerce fulfillment
• Increasing scarcity of small-bay industrial inventory
• Rising barriers to new industrial development inside DC
• Strong investor appetite for industrial and flex assets
Industrial properties inside Washington, DC remain exceptionally scarce, particularly assets with loading infrastructure and flexible zoning. The property sits within a corridor benefiting from:
• Continued public infrastructure investment
• Growing demand for urban logistics space
• Limited industrial development pipeline
• Increasing residential and mixed-use redevelopment nearby
• Strong connectivity to Capitol Hill, Downtown DC, Prince George’s County, and I-95
Industrial users increasingly seek smaller urban warehouses that provide operational proximity to dense population centers. Properties with loading docks, ceiling height, and transportation access continue to command premium pricing relative to traditional suburban industrial stock. The Deanwood / Northeast DC submarket has also experienced steady surrounding residential appreciation and redevelopment activity, supporting long-term land value growth. Public demographic reports show projected population and household growth in the immediate trade area through 2030.
For additional information, tours, zoning analysis, or offering materials, contact the listing team.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Taxes $12,975 $3.72
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025)

Taxes (CAD)
Annual $12,975
Annual Per SF $3.72
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $12,975
Annual Per SF $3.72

Property Facts

Price $3,473,000 CAD
Price Per SF $996.56 CAD
Sale Type Owner User
Sale Condition High Vacancy Property
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • FlexLight Distribution
Building Class C
Lot Size 0.08 AC
Rentable Building Area 3,485 SF
No. Stories 1
Year Built/Renovated 1948/2019
Tenancy Single
Parking Ratio 0.63/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning CM-1 - CM-1 (now PDR-1) is a Production, Distribution, and Repair zone. It accommodates light manufacturing, heavy commercial, wholesale and warehouse uses.

Amenities

  • Freezer (Space)
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,485 SF
  • Flex
  • Full Build-Out
  • Now
Space Size Space Use Build-Out Available
1st Floor 3,485 SF Flex Full Build-Out Now

1st Floor

Size
3,485 SF
Space Use
Flex
Build-Out
Full Build-Out
Available
Now
Fairly walkable
50/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
5044-0011
Land Assessment
$376,709 CAD
Improvements Assessment
$408,522 CAD
Total Assessment
$785,231 CAD
Annual Taxes
$12,975 CAD ($3.72 CAD/SF)
Tax Year
2025
  • Listing ID: 37460711

  • Date on Market: 2025-08-28

  • Last Updated:

  • Address: 258 35th St NE, Washington, DC 20019

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