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807 Maine Ave SW 23,664 SF Office Building Washington, DC 20024 For Sale

INVESTMENT HIGHLIGHTS
- Fully approved for: 195 Units across 11-stories and 196,435 GSF
- Highly sought after location at The Wharf
- Prime redevelopment opportunity on Maine Avenue SW at The Wharf for multifamily or trophy office conversion.
- Substantial pre-development work already complete
- Highly educated, affluent surrounding population
EXECUTIVE SUMMARY
Unlock unparalleled opportunities at 807 Maine Avenue, S.W. (“807 Maine”, “The Property”), a rare 0.54-acre development site at the doorstep of The Wharf — Washington, D.C.’s preeminent waterfront destination.
CBRE, as exclusive advisor, presents the exceedingly rare opportunity to acquire a premier parcel for redevelopment within DC’s highest barrier to entry micromarket. The property is currently owned by the Disabled American Veterans (“DAV”) and will be offered entirely vacant presenting execution optionality for:
1. RESIDENTIAL REDEVELOPMENT
With PUD approval for 195 units, the site is primed for an immediate multifamily redevelopment. The market leading success of the recently delivered, surrounding residential inventory, provides empirical support for the sought-after location.
2. TROPHY OFFICE REDEVELOPMENT
Since its inception, the Wharf has raised the bar for rents achieved and user experience. 807 Maine presents an opportunity to capture discerning tenant demand via a freestanding structure with waterfront views at the doorstep of D.C.’s most sought-after mixed-use destination. This offering also presents a unique opportunity for a Trophy owner/user headquarters.
CBRE, as exclusive advisor, presents the exceedingly rare opportunity to acquire a premier parcel for redevelopment within DC’s highest barrier to entry micromarket. The property is currently owned by the Disabled American Veterans (“DAV”) and will be offered entirely vacant presenting execution optionality for:
1. RESIDENTIAL REDEVELOPMENT
With PUD approval for 195 units, the site is primed for an immediate multifamily redevelopment. The market leading success of the recently delivered, surrounding residential inventory, provides empirical support for the sought-after location.
2. TROPHY OFFICE REDEVELOPMENT
Since its inception, the Wharf has raised the bar for rents achieved and user experience. 807 Maine presents an opportunity to capture discerning tenant demand via a freestanding structure with waterfront views at the doorstep of D.C.’s most sought-after mixed-use destination. This offering also presents a unique opportunity for a Trophy owner/user headquarters.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
23,664 SF
Building Class
B
Year Built
1975
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
5,916 SF
Building FAR
1.00
Lot Size
0.54 AC
Zoning
MU-12 - provide for mixed-use developments that permit a broad range of commercial, institutional, and multiple dwelling unit residential development at varyi
Parking
29 Spaces (1.23 Spaces per 1,000 SF Leased)
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Walk Score®
Walker's Paradise (95)
Transit Score®
Rider's Paradise (90)
Bike Score®
Biker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 0439S-0015 | Improvements Assessment | $11,733,483 CAD |
| Land Assessment | $11,999,496 CAD | Total Assessment | $23,732,978 CAD |
PROPERTY TAXES
Parcel Number
0439S-0015
Land Assessment
$11,999,496 CAD
Improvements Assessment
$11,733,483 CAD
Total Assessment
$23,732,978 CAD
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807 Maine Ave SW
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