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1901-1907 Fairview Ave NE

35,000 SF 100% Leased Industrial Building Washington, DC 20002 £6,004,076 (£172/SF) 4.08% Net Initial Yield

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Investment Highlights

Near Rt 50.

Executive Summary

1901-1907 Fairview Avenue NE is rarely available 33,000 sf industrial building offered for sale in the burgeoning Ivy City Neighborhood in close proximity to Union Market, Hecht Warehouse, the Crummell School redevelopment site, the Pro Fish development site, and New City DC among other developments. Ivy City is also home to numerous distilleries, breweries and other makers. 1901 Fairview has 19,200 sf currently available to a user. 1905 and 1907 Fairview are leased to long term tenants.

1901-1907 Fairview Ave NE Brochure

Property Facts

Price	£6,004,076	Lot Size	0.50 AC
Price Per SF	£172	Rentable Building Area	35,000 SF
Sale Type	Investment or Owner User	Number of Floors	2
Net Initial Yield	4.08%	Year Built	1950
Property Type	Industrial	Clear Ceiling Height	16 ft
Property Subtype	Distribution	Level Access Doors	2
Building Class	C

Price	£6,004,076
Price Per SF	£172
Sale Type	Investment or Owner User
Net Initial Yield	4.08%
Property Type	Industrial
Property Subtype	Distribution
Building Class	C
Lot Size	0.50 AC
Rentable Building Area	35,000 SF
Number of Floors	2
Year Built	1950
Clear Ceiling Height	16 ft
Level Access Doors	2

Amenities

Fenced Lot

Heating - Gas

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Walk Score ®

Very Walkable (80)

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of any address. Transit Score®

measures access to public transit. Bike Score®

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PROPERTY TAXES

Parcel Number	4041-0018	Improvements Assessment	£504,374
Land Assessment	£5,154,278	Total Assessment	£5,658,652

PROPERTY TAXES

Parcel Number

4041-0018

Land Assessment

£5,154,278

Improvements Assessment

£504,374

Total Assessment

£5,658,652

zoning

Zoning Code	PDR-1 (moderate-density commercial)
PDR-1 (moderate-density commercial)

Listing ID: 23894754
Date on Market: 26/07/2021
Last Updated:
Address: 1901-1907 Fairview Ave NE, Washington, DC 20002

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1901-1907 Fairview Ave NE, Washington, DC for sale Building Photo- Image 1 of 2 — Main Photo

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