The Offering

Summary

  • List Price $1,050,000
  • Lease Rate & Terms Negotiable
  • Gross Building Area 2,471 SF
  • Occupancy at Closing 0%
  • Zoning MU-4/CHC
  • Lot Size 1,173 SF

Investment Summary

Feldman Ruel is pleased to offer for sale or lease 1240 Pennsylvania Avenue SE, a three-level retail/office property situated along Capitol Hill's main commercial corridor. Delivered vacant, the subject property provides an opportunity for a full or partial user to immediately occupy the space upon sale. 1240 Pennsylvania Avenue SE is zoned MU-4/CHC, which permits a broad range of retail, office, and residential uses, providing flexibility for a variety of ownership and tenant executions. Located near Barracks Row and Eastern Market, the subject property benefits from a concentration of established retail and service providers within one of Washington, D.C.'s most stable and highly educated submarkets. 1240 Pennsylvania Avenue SE is just a few blocks from both the Potomac Avenue and Eastern Market Metrorail stations, just steps from a Capital Bikeshare docking station, and minutes from I-695, I-395, and I-295, providing convenient accessibility throughout the District and the greater metropolitan area.

Investment Highlights

• Full- or Partial-User Optionality | Delivered 100% Vacant

• Former Veterinary Clinic with Medical Office Buildout

• MU-4/CHC Zoning Allows for Retail, Office, & Residential Uses

• Extremely Stable Highly Amenitized Neighborhood
• Less than 3 Blocks from the Potomac Avenue Metrorail Station

• Within 1 Block a Capital Bikeshare Docking Station

• Easily Accessible via I-695, I-295, & I-395

Listing Agents

Brandon Shure

Brandon Shure

Investment Associate
Feldman Ruel
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