2405 Douglas St Ne

Highlights:

• Days on Market: 143
• Current Use: Automotive, Industrial, Land/Lot Only, Parking, Storage Yard
• Parking Features: Fenced, Surface

Description:

Corner, Level, Road Frontage, Partly Wooded, Secluded

This unique 16,188+/- SF industrial parcel is ideally located just minutes from New York Avenue in the Langdon area of Ward 5. Nestled in a discreet industrial and residential neighborhood, the property is perfect for truck or vehicle storage, equipment and material storage, or other uses permitted under the Production, Distribution, and Repair (PDR-1) zoning. For the long-term development option, you can construct up to a 16,000+/-SF industrial building, giving this property significant upside potential.

The property is currently secured with steel construction fencing, featuring a gated entrance and security cameras for added protection. The lot is flat, mostly gravel, and fully graded, ready for immediate use.

In addition, this parcel is well-suited for a DC-licensed Medical Cannabis Manufacturer or Cultivation Center. The owner is open to leasing to medical cannabis-related purposes tenant, subject to all applicable ABCA regulations and licensing requirements.

Currently, the property is tenant-occupied on a month-to-month basis, with the tenant open to extending their lease.