918-922 U Street NW
Washington, D.C. 20001
The Offering
Summary
- List Price $5,500,000
- Product Type Mixed-Use
- Gross Building Area 13,407 SF
- Lot Size 5,520 SF
- Occupancy 0%
- Product Subtypes Retail & Office
- Zoning ARTS-2
- Maximum Potential FAR 5.0 + Penthouse
Investment Summary
Feldman Ruel is pleased to offer for sale 918-922 U Street NW, which is comprised of a 13,407-square-foot building situated on a 5,520-square foot lot. The subject property, which will be delivered vacant, offers two levels above a small sublevel and a mezzanine level. The building’s large 5,500-square-foot floor plate, mostly open floor plan, three separate points of ingress/egress along U Street NW, alley access to the east and south, and rare ceiling heights on the second level create an extremely unique opportunity for a full- or partial-user to locate a retail, office, or arts-related business on-site. Alternatively, a savvy developer could take advantage of the significant untapped FAR to add density and create a larger multifamily or mixed-use structure that would benefit from its vicinity to Howard University and other nearby amenities. While 918-922 U Street NW is located in the Greater U Street Historic District, its ARTS-2 zoning provides for a maximum FAR of 5.0.
