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Investment Highlights

  • One block to the Rhode Island Avenue - Brentwood Metro Station (Red Line) and located on one of Washington’s major vehicular thoroughfares
  • Directly across Rhode Island Avenue from a grocery store and abundant service retail.
  • Over 160 feet of frontage on Rhode Island Ave providing a highly visible project.
  • 98% leased to two tenants. There is optionality to renew tenants at the end of current lease term.
  • Investors have the timing optionality to introduce a new project to the market with limited new supply delivering over the next few years.
  • In The Path of Growth - Continuing the eastward path of new mixed-use development.

Executive Summary

Transwestern’s Mid-Atlantic Capital Markets Group is pleased to present the fee simple interest in 900 Rhode Island Avenue NE (the “Property”), a premier multi-family development opportunity located in Washington, DC. Strategically positioned adjacent to the Rhode Island Avenue Metro Station (Red Line), the
Property offers exceptional transit-oriented development potential within the rapidly evolving Rhode Island Avenue corridor. Zoned MU-6, the site allows for by-right residential redevelopment, eliminating the need for the Planned Unit Development (PUD) process or additional entitlements—streamlining the development process. The 43,996 square foot site allows for 264,000 - 315,000 square feet of density (6.0 – 7.2 FAR w/IZ). Furthermore, the Property is currently leased to two tenants with the last lease expiring in January 2026, providing optionality to renew the tenants or move immediately forward with the redevelopment of the site.

Property Facts

Sale Type Investment or Owner User
Sale Condition Redevelopment Project
Property Type Flex
Property Subtype Light Distribution
Building Class B
Lot Size 1.01 AC
Rentable Building Area 33,350 SF
No. Stories 3
Year Built 1923
Parking Ratio 2.01/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Zoning MU-6 - Allows for by-right residential redevelopment

Amenities

  • Signage
  • Storage Space
  • Air Conditioning

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 776 SF
  • Retail
  • Full Build-Out
  • Now

34,088 SF Full Building Opportunity with 58 dedicated parking spaces. Please contact the listing contacts for additional details about this opportunity.

  • 1st Fl - 900
  • 13,010 SF
  • Flex
  • Full Build-Out
  • Now

34,088 SF Full Building Opportunity with 58 dedicated parking spaces. Please contact the listing contacts for additional details about this opportunity.

  • 1st Fl-Ste 914
  • 1,418 SF
  • Retail
  • Partial Build-Out
  • Now

34,088 SF Full Building Opportunity with 58 dedicated parking spaces. Please contact the listing contacts for additional details about this opportunity.

  • 2nd Fl-Ste 910
  • 15,461 SF
  • Office
  • Full Build-Out
  • Now

34,088 SF Full Building Opportunity with 58 dedicated parking spaces. Please contact the listing contacts for additional details about this opportunity.

  • 3rd Fl-Ste 910
  • 2,782 SF
  • Office
  • Full Build-Out
  • Now

34,088 SF Full Building Opportunity with 58 dedicated parking spaces. Please contact the listing contacts for additional details about this opportunity.

Space Size Space Use Build-Out Available
1st Floor 776 SF Retail Full Build-Out Now
1st Fl - 900 13,010 SF Flex Full Build-Out Now
1st Fl-Ste 914 1,418 SF Retail Partial Build-Out Now
2nd Fl-Ste 910 15,461 SF Office Full Build-Out Now
3rd Fl-Ste 910 2,782 SF Office Full Build-Out Now

1st Floor

Size
776 SF
Space Use
Retail
Build-Out
Full Build-Out
Available
Now

1st Fl - 900

Size
13,010 SF
Space Use
Flex
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 914

Size
1,418 SF
Space Use
Retail
Build-Out
Partial Build-Out
Available
Now

2nd Fl-Ste 910

Size
15,461 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 910

Size
2,782 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 776 SF
Space Use Retail
Build-Out Full Build-Out
Available Now

34,088 SF Full Building Opportunity with 58 dedicated parking spaces. Please contact the listing contacts for additional details about this opportunity.

1st Fl - 900

Size 13,010 SF
Space Use Flex
Build-Out Full Build-Out
Available Now

34,088 SF Full Building Opportunity with 58 dedicated parking spaces. Please contact the listing contacts for additional details about this opportunity.

1st Fl-Ste 914

Size 1,418 SF
Space Use Retail
Build-Out Partial Build-Out
Available Now

34,088 SF Full Building Opportunity with 58 dedicated parking spaces. Please contact the listing contacts for additional details about this opportunity.

2nd Fl-Ste 910

Size 15,461 SF
Space Use Office
Build-Out Full Build-Out
Available Now

34,088 SF Full Building Opportunity with 58 dedicated parking spaces. Please contact the listing contacts for additional details about this opportunity.

3rd Fl-Ste 910

Size 2,782 SF
Space Use Office
Build-Out Full Build-Out
Available Now

34,088 SF Full Building Opportunity with 58 dedicated parking spaces. Please contact the listing contacts for additional details about this opportunity.

Moderately walkable
70/100
Moderately drivable
60/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
3844-0072
Land Assessment
$2,542,603 CAD
Improvements Assessment
$13,925,453 CAD
Total Assessment
$16,468,056 CAD
  • Listing ID: 36976658

  • Date on Market: 2025-07-29

  • Last Updated:

  • Address: 900 Rhode Island Ave NE, Washington, DC 20018

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