233 Van Buren Street NW & 6614 Sandy Spring Road NW

Washington, D.C. 20012

Offering Memorandum

The Offering

Investment Summary

Feldman Ruel is pleased to offer for sale 233 Van Buren Street NW & 6614 Sandy Spring Road NW, three parcels totaling 31,128 square feet situated on a corner and located 0.6 miles from the Takoma Metro station. The PDR-1 zoned lots allow for a wide range of retail, office, self-storage, and light industrial uses and permit as much as a 3.5 FAR. 233 Van Buren Street NW offers an investor or owner-user the ability to renovate the property to its specific needs. Historically, the property served a multi-tenant office/industrial use, offering a new owner the option to occupy all or a portion of the building and lease the remainder. Combined with the 18,539-square-foot lot at 6614 Sandy Spring Road NW, the subject properties represent an excellent opportunity for an owner-user to locate or expand their business in the rapidly developing Takoma neighborhood of Washington, D.C., given the various by-right uses and significantly underutilized FAR.

Investment Highlights

• Multi-Tenant Urban Warehouse Space | In-Demand Product Type

• Approved Plans & Permits to Restore Existing 11,000+ Square Foot Building

• By-Right Development Potential of 108,948 FAR Square Feet
• PDR-1 Zoning | Allows for Wide Range of Uses Including Retail, Office, & Self-Storage

• 0.6 Miles from the Takoma Metro Station Along the Red Line

Listing Agents

Ryan Smith

Associate Director
Direct: (202) 318-6808

Ian Ruel

Managing Principal
Direct: (202) 318-6844

Josh Feldman

Managing Principal
Direct: (202) 318-6833

Hannah McCann

Investment Associate
(240) 932-0009