1817 M Street NW
Washington, D.C. 20036
The Offering
Summary
- List Price $2,999,000
- Current Uses Retail & Office
- Gross Building Area 4,144 SF
- Gross Leasable Area 3,877 SF
- Current Occupancy 100%
- On-Site Parking 4 Surface Spaces
- Zoning MU-9B/DC
- Lot Size 2,120 SF
- Max FAR 7.8 + Penthouse
- Max Buildable SF 17,808 SF Above Grade
Investment Summary
Feldman Ruel is pleased to offer for sale 1817 M Street NW, a fully leased mixed-use property with four on-site parking spaces. The subject property is divided into two commercial spaces. The street-level retail unit is leased to Fava Pot, a DMV-based restaurant serving Egyptian and Mediterranean food. The upper three levels are occupied by an office tenant on a short-term lease which expires in June of 2026, providing flexibility for a new owner in the event they have a tenant-in-hand or if they are an owner-user looking to occupy the space.
Investment Highlights
• 3,877-SF Mixed-Use Building Situated on a 2,120-Square-Foot Lot
• MU-9B/DC Zoning | Allowable Uses Include Retail, Office, Multifamily, & Hospitality
• Street Level Occupied by Fava Pot, Winner of the 2024 Rammy Award for “Favorite Fast Bites"
• Partial User Optionality | Upper 3 Levels Occupied Through June 2026
• By-Right Zoning Provides for Significant Additional Density | Maximum of 9.36 FAR with IZ Bonus
• Tax Abatement Zone | Potential Tax Abatement for Office Space Converted to Other Uses
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