Van Buren Street NW & Sandy Spring Road
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Van Buren Street NW & Sandy Spring Road
2 Properties in Washington, DC
Investment Highlights
- Multi-Tenant Urban Warehouse Space | In-Demand Product Type
- By-Right Development Potential of 108,948 FAR Square Feet
- 0.6 Miles from the Takoma Metro Station Along the Red Line
- Approved Plans & Permits to Restore Existing 11,000+ Square Foot Building
- PDR-1 Zoning | Allows for Wide Range of Uses Including Retail, Office, & Self-Storage
Executive Summary
Feldman Ruel is pleased to offer for sale 233 Van Buren Street NW & 6614 Sandy Spring Road NW, three parcels totaling 31,128 square feet situated on a corner and located 0.6 miles from the Takoma Metro station. The PDR-1 zoned lots allow for a wide range of retail, office, self-storage, and light industrial uses and permit as much as a 3.5 FAR. 233 Van Buren Street NW offers an investor or owner-user the ability to renovate the property to its specific needs. Historically, the property served a multi-tenant office/industrial use, offering a new owner the option to occupy all or a portion of the building and lease the remainder. Combined with the 18,539-square-foot lot at 6614 Sandy Spring Road NW, the subject properties represent an excellent opportunity for an owner-user to locate or expand their business in the rapidly developing Takoma neighborhood of Washington, D.C., given the various by-right uses and significantly underutilized FAR.
Download the Offering Memorandum: https://listings.feldmanruel.com/properties/233-van-buren-street-nw-6614-sandy-spring-road-nw/
Download the Offering Memorandum: https://listings.feldmanruel.com/properties/233-van-buren-street-nw-6614-sandy-spring-road-nw/
Property Facts
| Sale Conditions | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 11,956 SF |
| Status | Active | Total Land Area | 0.71 AC |
| Number of Properties | 2 |
| Sale Conditions | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 11,956 SF |
| Total Land Area | 0.71 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 233 Van Buren St NW, Washington, DC 20012 | Industrial | 11,956 SF | 1959 | - |
| 6614 Sandy Spring Rd NW, Washington, DC 20012 | Land | 0.43 AC | - | - |
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Van Buren Street NW & Sandy Spring Road
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