2405 Douglas St Washington, DC 20018

This exceptional 0.37-acre industrial parcel, located at 2405 Douglas St NE, Washington, DC 20018, presents a unique investment opportunity. Priced at $2,950,000, this fully fenced property boasts approximately 16,188 square feet of usable land, situated in the Langdon neighborhood of Ward 5. The property is conveniently located near the intersection of New York Avenue, NE, and Bladensburg Road, NE, offering easy access to major transportation routes. Zoned PDR-1 (Production, Distribution, and Repair), this versatile lot is suitable for a variety of uses, including truck or vehicle storage, equipment and material storage, or other permitted activities. The flat, mostly gravel lot is fully graded and ready for immediate use. Security features include heavy steel-grade fencing and security cameras. The property's discreet location, backing onto railroad tracks and woods, provides added privacy. The property is currently tenant-occupied on a month-to-month basis. The 2024 real estate taxes are $14,771.46. The property's potential extends to the possibility of constructing an industrial building up to approximately 16,000 square feet, offering significant upside potential. Furthermore, the property is well-suited for a DC-licensed Medical Cannabis Manufacturer or Cultivation Center, subject to all applicable ABCA regulations and licensing requirements. The tax ID is Square 4282/Lot 0003.