233 Van Buren StWashington, DC 20012

  • Industrial properties
  • 11,956 SF
For Sale

Property Details for 233 Van Buren St

Construction
BRICK
Lot size
0.29 AC
Property size (Sq ft)
11,956 SF
Zone code
PDR-1
Property type
Industrial properties
Property subtype
Other warehouses
APN
3365 0837
APU
33650837

Description

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.

233 Van Buren St, Washington, District of Columbia

Location Insight

City
Washington
County
District Of Columbia
State
DC
Latitude
38.9702
Longitude
-77.0143
CBSA code
47900
CBSA name
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$55,970
$699,190
$984,130
$1,683,320
-
$699,190
$984,130
$1,683,320

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