Active

2405 Douglas St NE

Washington DC, 20018

$2,950,000


Active

Commercial

Built in 2018

This unique 16,188+/- SF industrial parcel is ideally located just minutes from New York Avenue in the Langdon area of Ward 5. Nestled in a discreet industrial and residential neighborhood, the property is perfect for truck or vehicle storage, equipment and material storage, or other uses permitted under the Production, Distribution, and Repair (PDR-1) zoning. For the long-term development option, you can construct up to a 16,000+/-SF industrial building, giving this property significant upside potential.

The property is currently secured with steel construction fencing, featuring a gated entrance and security cameras for added protection. The lot is flat, mostly gravel, and fully graded, ready for immediate use.

In addition, this parcel is well-suited for a DC-licensed Medical Cannabis Manufacturer or Cultivation Center. The owner is open to leasing to medical cannabis-related purposes tenant, subject to all applicable ABCA regulations and licensing requirements.

Currently, the property is tenant-occupied on a month-to-month basis, with the tenant open to extending their lease.

DCDC2160382

MLS ID

September 19, 2024

Listed

October 2, 2024

Updated

Map

2405 Douglas St NE
Washington DC, 20018

Other Property Details

Taxes

$14,771


Tax Frequency

Annually


Days on Market

12


Garage

No


Parking Total

50


View

Yes


View Description

Street


County

WASHINGTON


Water Source

Public


Pool

No


Zoning

Production, Distribution, and Repair

Listed by CENTURY 21 Commercial New Millennium
Listing Contact: 5714811037 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/2/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Bright MLS, Inc. all rights reserved.

Data last updated on 10/2/2024 at 7:00 AM UTC

Powered byLuxury Presence