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Renovated Office Building in Brookland

1809 Rhode Island Ave Ne Washington, DC 20018

1809 Rhode Island Ave Ne, Washington, DC, 20018
$1,600,000
For Sale
Claim this Listing
$1,600,000

Extensively renovated office space in a thriving corridor.

Property Size4,400 SF
Price / SF$363.64
AddedMar 29
Days on Market110
Last RefreshJul 16 at 4:48 am

Property Features for 1809 Rhode Island Ave Ne

General Information

Standard status
Active
Size
4,400 SF
Property subtype
Commercial

Building Details

Year Built
1925

Listing office TAYLOR PROPERTIES

Listing date Mar 29, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of TAYLOR PROPERTIES


Investment Insights

Based on property information with market context.

This extensively renovated commercial property, located in the Brookland/Woodridge corridor, offers approximately 4,400 sq. ft. of modern workspace. The building combines professional functionality with a contemporary aesthetic. The first floor features a reception area, six private offices, a central meeting/open area, and a conference room. The second floor includes three additional offices and a bathroom. The fully renovated basement provides additional square footage suitable for storage, a breakroom, or expanded operational needs.

Key Highlights

  • Extensively renovated, modern workspace totaling approximately 4,400 sq. ft.
  • Located in the thriving Brookland/Woodridge corridor.
  • Features six private offices and a conference room on the main level.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $221.8k $50.40
− Vacancy −$35.5k −$8.06
EGI $186.3k $42.34
− OpEx −$46.6k −$10.58
NOI $139.7k $31.75
4,400 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.00M
$1.75M – $2.33M (±1% cap)
NOI $139,709 @ 7.0% cap · market cap 8.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.26M
$1.98M – $2.64M (±1% cap)
NOI $158,425 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

FAQs

What type of property is this?
Office building - Extensively renovated office space in a thriving corridor.
Where is this office building located?
The property is located at 1809 Rhode Island Ave Ne Washington, DC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Extensively renovated, modern workspace totaling approximately 4,400 sq. ft.; Located in the thriving Brookland/Woodridge corridor.; Features six private offices and a conference room on the main level.
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More about this property
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