The Offering

Summary

  • List Price $1,895,000
  • Gross Building Area 8,273 SF
  • Year Built 1982
  • Year Renovated 2018
  • Current Number of Units 11
  • Maximum Potential Unit Count 14
  • Occupancy 67%
  • Zoning PDR-1

Investment 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.

Investment Highlights

• Partial-User or Investor Opportunity | Multiple Execution Options

• Renovated in 2018 | Improvements Include New Roof, HVAC, Electrical, & Solar

• Flexible Rare PDR-1 Zoning Offers Numerous By-Right Uses Such as Retail & Arts
• 2,300+ Residential Units & 400,000+ SF of Commercial Space in Process Nearby

• Surrounded by Brentwood, Ivy City, Union Market, & the U.S. National Arboretum

Listing Agents

Brandon Shure

Brandon Shure

Investment Associate
Feldman Ruel
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