For Sale
$1,250,000

2218 Rhode Island AveWashington, DC 20018

Prime DC Location, 3,600 SF, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional mixed-use property at 2218 Rhode Island Avenue NE, Washington, DC 20018, presents a unique investment opportunity. The three-story building, totaling 3,600 square feet of net rentable space, is currently vacant and offers significant potential for a variety of uses. Previously occupied by a clinic, the interior is already configured for office or medical use, making it ideal for a quick conversion. The first floor lends itself easily to retail adaptation, providing flexibility for diverse business models. The lower level is conveniently grade-level, offering easy access and additional space. A valuable feature is the inclusion of a basement garage, providing ample parking. The building is in excellent condition, minimizing upfront renovation costs. The asking price is $1,250,000, translating to $347.22 per square foot. This owner/user investment opportunity in a vibrant Washington, DC neighborhood offers strong potential for both immediate occupancy and long-term appreciation. The property's location provides excellent visibility and accessibility, making it an attractive proposition for savvy investors seeking a versatile and well-maintained asset. This single-unit building presents a rare chance to acquire a well-situated mixed-use property in a thriving area of the District of Columbia.

Highlights

  • Exceptional mixed-use investment opportunity in Washington, DC.
  • 3,600 square feet of net rentable space in a three-story building.
  • Currently vacant, previously used as a clinic, easily adaptable for office, medical, or retail use.
  • Grade-level lower level and basement garage provide ample space and parking.
  • Excellent condition minimizes renovation costs; asking price $1,250,000 ($347.22/SF).

Property Details for 2218 Rhode Island Ave

Property type
Mixed-use properties
Square Feet
3,600 SF
Stories
3
Units
1

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.930734
Longitude
-76.9734183
2218 Rhode Island Ave, Washington, District of Columbia

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2218 Rhode Island Ave
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