1830 Columbia Rd NW 5,756 SF 100% Leased Retail Building Washington, DC 20009 £2,522,357 (£438.21/SF)
INVESTMENT HIGHLIGHTS
- Full- or Partial-User Opportunity | 100% Occupied But Delivered Vacant at Closing | Less than 250 Feet from Adam’s Morgan’s Main Intersection
- Ground-Level Retail/Office Unit with Rear Garage & Sublevel Space
- Residential Unit Offers a Rear Deck & Roof Deck with Beautiful Views
- Full Gut Renovation Completed in 2020 | $1.5M in Improvements
- 3,039-SF 3-Level 4BR/4BA Residential Unit + Roof Deck Enclosure
- Upper Levels Could Also be Used as Boutique Office Space or a Live/Work Unit
EXECUTIVE SUMMARY
Feldman Ruel is pleased to offer for sale 1830 Columbia Road NW, a beautifully renovated mixed-use building that will be delivered vacant at closing. The subject property is comprised of a ground-level retail/office unit connected to a rear garage and an unfinished sublevel, above which is a three-level residential unit with a roof deck as well. This three-level residential unit plus roof deck represented the bulk of the $1.5M-renovation completed by ownership in 2020. While this space is incredibly well suited for residential use, it also lays out extremely well for boutique office use by a professional service firm such as a lawyer, accountant, architect, general contractor, or other consultant. Additionally, at 3,039 square feet across three levels and a roof deck enclosure plus two outdoor spaces, there is ample space for live/work use within the residential unit as well.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,756 SF
Building Class
C
Year Built/Renovated
1900/2022
Price
£2,522,357
Price Per SF
£438.21
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Building FAR
3.45
Lot Size
0.04 AC
Zoning
MU-5A
Parking
1 Space (0.17 Spaces per 1,000 SF Leased)
Frontage
20 ft on Columbia Rd NW
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (78)
Bike Score®
Biker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2551-0029 | Improvements Assessment | £1,008,698 |
| Land Assessment | £391,799 | Total Assessment | £1,400,497 |
