Value-Add Conversion Opp. | Flexible Zoning 2240 25th Pl NE 2 419 m² Inoccupé Industriel/Logistique Vente aux enchères en ligne Washington, DC 20018

Accessibility positioned two-story, 24,288-square-foot industrial warehouse building excellently equipped with a drive-in bay and a platform dock in Washington, DC. Built in 1947, this masonry-constructed property boasts heavy electricity, a high-pressure gas service, a freight elevator, and a 10-foot to 12-foot ceiling clear height. 2240 25th Place NE is enclosed by a 12,500-square-foot secured fenced and features a paved yard with on-site surface parking over a total of a 0.59-acre parcel. The acreage is situated with PDR-2, Production, Distribution, and Repair zoning allowing medium-density commercial activity.

This property will be delivered to the market vacant and has fully approved plans to convert into a virtual/ghost kitchen concept with opportunities to also transform into additional permitted uses. PDR-2 zoning includes permitted uses comprising high-tech manufacturing, distribution centers, self-storage facilities, cold storage or specialty warehousing, auto repair or customization shops, fleet operations facilities, urban farming, showrooms, art studios, upcycling facilities, and more.

2240 25th Place NE boasts prime connectivity, with direct access to a signalized intersection on major thoroughfare Route 1 and just 0.3 miles from the Route 1 and Route 50 highway interchange ensuring seamless transportation flow. Downtown DC is a quick 4-mile drive southwest, while the Interstate 395 and Interstate 495 junction is just 4.4 miles away, offering easy regional access. Additionally, Ronald Reagan National Airport (DCA) is conveniently 7 miles away in Arlington, Virginia, providing a strategic gateway for cargo services, airlines, freight forwarders, and importers to efficiently conduct business and trade.

Exceptionally within a 5-mile radius of 2240 25th Place NE is a highly skilled workforce of 746,898 residents. 49% of the population has a bachelor’s degree or higher, surpassing the national average of 35%. These residents bring home an average household income of more than $118,000 and have an annual spending power of well over $9.74 billion.

An owner/user or value/add investor can acquire this asset and repurpose it for dynamic uses. The property is ideally located in the NE industrial submarket, which has seen zero supply-side pressures and year-over-year rent increases by 4.9%, making this an enticing opportunity with revenue growth capabilities.

Property tours are available by appointment only. Please contact the broker to schedule.