809-811 Virginia Avenue SE & 808-810 L Street SE

Washington, D.C. 20003

Offering Memorandum

The Offering

Summary

  • List Price $2,200,000
  • Gross Building Area 4,644 SF
  • Lot Size 1,689 SF
  • Zoning NMU-7B/ES
  • Product Type Mixed-Use
  • Product Subtype Retail, Office, & Multifamily
  • Occupancy 34%

Investment Summary

Feldman Ruel is pleased to exclusively offer for sale 809-811 Virginia Avenue SE & 808-810 L Street SE, a mixed-use portfolio of four contiguous properties totaling 4,644 square feet. 809-811 Virginia Avenue SE consists of a vacant, three-level office unit and one lower-level office unit which will be delivered vacant. 808-810 L Street SE is comprised of three multifamily units and a small retail unit leased to a tailor. This unique offering allows an owner-user the opportunity to acquire and occupy a portion of the portfolio and utilize the additional rental income to mitigate debt service and operating expenses. Situated in Capitol Riverfront, just minutes from iconic Barracks Row, Washington, D.C.'s oldest commercial corridor, 809-811 Virginia Avenue SE & 808-810 L Street SE benefits from its proximity to I-695, providing easy access to downtown Washington, D.C., Northern Virginia, and Prince George's County, Maryland.

Investment Highlights

• 809-811 Virginia Avenue SE – 2,304 Square Feet of Vacant Office Space

• 808-810 L Street SE – 3 Multifamily Units & 1 Small Retail Unit

• 2 Multifamily Units are Leased | 2BR/1.5BA & Studio

• 1 Multifamily Unit is Vacant | Recently Renovated 2BR/1.5BA
• Retail Tenant is Below-Market & Month-To-Month

• Conveniently Located in Capitol Riverfront Near Barracks Row

• Easy Access to I-695, Multiple Metro Stations & Metrobus Stops

Listing Agents

Josh Feldman

Managing Principal
Direct: (202) 318-6833

Ian Ruel

Managing Principal
Direct: (202) 318-6844

Brandon Cardwell

Investment Associate
Feldman Ruel
(240) 932-0015