For Sale
$9,800,000

1827 Wiltberger StWashington, DC 20001

Prime DC location, vacant, high-end finishes.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents two vacant, Class A commercial condominium units totaling 33,897 square feet, located at 1827 Wiltberger Street NW, Washington, DC 20001. Units 2 & 3 occupy the entire second and third floors of a newly constructed (2021) building, offering a rare chance to acquire a substantial footprint in a vibrant neighborhood. The property features a warm lit shell condition, allowing for complete customization to suit a variety of uses. Zoned Arts-2, the space is ideally suited for creative office, hotel, or storefront applications. The asking price is $9,800,000, translating to $289.11 per square foot. This represents a significant value proposition, priced below comparable properties in the market. The building is a stunning adaptive reuse of a historic structure, boasting nine private garages and nine luxury residential units on upper floors. Its prime location, just two blocks from the Shaw-Howard University Metro Station, ensures excellent accessibility and high visibility. This is a unique chance to acquire a substantial, versatile commercial space in a rapidly developing area of Washington, D.C. The property is currently vacant, providing immediate occupancy for the new owner. The two-story building offers ample space and potential for a variety of uses.

Highlights

  • Adaptive reuse of a historic structure; completed in 2021.
  • Two vacant, Class A condo units (Units 2 & 3) totaling 33,897 square feet on the second and third floors; delivered in warm shell condition.
  • Suitable for lodging, given Arts-2 zoning and ample space.
  • Arts-2 zoning allows for creative office, hotel, or retail uses.
  • Priced at $9,800,000 ($289.11/SF), below market comparables.
  • Excellent location, two blocks from the Shaw-Howard University Metro station.

Property Details for 1827 Wiltberger St

Property type
Retail properties, Office properties
Square Feet
33,897 SF
Class
A
Year Built
2021
Stories
2

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.9149087
Longitude
-77.0207323
1827 Wiltberger St, Washington, District of Columbia

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1827 Wiltberger St
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