233 Van Buren St Washington, DC 20012

This exceptional investment opportunity presents a vacant, 11,956-square-foot warehouse on a 31,128-square-foot lot in Washington, D.C.'s Takoma neighborhood. The property, encompassing three parcels (APN: 3365-0000-0837, 3365-0000-0838, 3365-0000-0840), is conveniently located just 0.6 miles from the Takoma Metro station along the Red Line. The two-story building features one loading dock and is zoned PDR-1, allowing for a diverse range of uses including retail, office, self-storage, and light industrial applications. The zoning permits a floor area ratio (FAR) of up to 3.5, offering significant by-right development potential of 108,948 square feet. The property's history as a multi-tenant office/industrial space provides flexibility for an owner-user to renovate and occupy all or part of the building while leasing the remainder. This presents a unique chance to establish or expand a business in a rapidly growing area, leveraging the underutilized FAR and the variety of permitted uses. The property is currently vacant, allowing for immediate customization to suit specific business needs. This combination of location, zoning flexibility, and building size makes this an attractive proposition for investors and owner-users alike.