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Development Site 2125 E St NW 16,129 sq ft Vacant Retail Property Washington, DC 20037 For Sale
INVESTMENT HIGHLIGHTS
- Residential Redevelopment Site (67,000SF) or for Owner-User (12,769SF available). 3,360SF Leased.
- Existing Income, Redevelopment Clause
- Located steps from George Washington University, The Kennedy Center and The Watergate Hotel
- 12 Parking Spaces
EXECUTIVE SUMMARY
Prime Residential Redevelopment/Investment Opportunity just South of the George Washington University Campus, and the Kennedy Center. Ability to develop approximately 67,000 SF+/- of residential. Currently occupied by Bourbon & More (5-year, NNN Lease), former CVS (12,769SF available)vacant. All leases have redevelopment clause. Please contact listing agents for offering memorandum.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
£44,860
|
£2.78
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£44,860
|
£2.78
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | £44,860 |
| Annual Per sq ft | £2.78 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | £44,860 |
| Annual Per sq ft | £2.78 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Property Size
16,129 sq ft
Costar Property Class
B
Year Built
1940
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
3
Plot ratio
1.76
Total Plot Size
0.21 ac
Use Class
MU-2 - Mixed-use zoning district that encourages a combination of residential, retail, office, and service uses in a compact, walkable area.
Parking
12 Spaces (0.74 Spaces per 1,000 sq ft Leased)
Frontage
58 ft on E St NW
AMENITIES
- Signalised Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- sq ft OCCUPIED
- RENT/sq ft
- LEASE TYPE
- LEASE END
- Riverside Liquors
- Retailer
- 3,360 sq ft
- £13.35
- NNN
- May 2030
| TENANT | INDUSTRY | sq ft OCCUPIED | RENT/sq ft | LEASE TYPE | LEASE END | |
| Riverside Liquors | Retailer | 3,360 sq ft | £13.35 | NNN | May 2030 |
Walk Score®
Excellent pedestrian access (95)
Transit Score®
Excellent Public Transport (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0081-0844 | Improvements Assessment | £3,449,299 |
| Land Assessment | £1,361,960 | Total Assessment | £4,811,259 |
PROPERTY TAXES
Parcel Number
0081-0844
Land Assessment
£1,361,960
Improvements Assessment
£3,449,299
Total Assessment
£4,811,259
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Development Site | 2125 E St NW
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