Office Building with Private
For Sale
Contact for pricing
Pending
920 M Street Southeast, Washington, DC 20003
Vacant two-level commercial property with separate entries, independent floor access, and infrastructure supporting multiple occupants.
Property Size3,958 SF
Days on Market63
Property Features for 920 M Street Southeast
General Information
Standard status
Pending
Size
3,958 SF
Property subtype
Retail, Office
Zoning
PDR-1
Building Details
Year Built
1911
Buildings
1
Listing Agency:
Feldman Ruel
Listed By:
Josh Feldman · License #DC BR200201416
Source:
Crexi
Added: Aug 4
Changed: Sep 26
Last Checked: Oct 5 at 5:11PM
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 Feldman Ruel
Investment Insights
Based on property information with market context.
Built in 1911, this vacant office building contains 3,958 square feet on a 5,102-square-foot lot and carries PDR-1 zoning. The two-floor layout includes six separate points of entry, with direct second-level access from M Street SE and the private gated courtyard. Three electric meters and two gas meters support separate occupancy arrangements, while the building can also be used by a single occupant.
A private gated courtyard of approximately 3,000 square feet provides enclosed outdoor space and connects to a second-level exterior gallery. The property is directly across from the Washington Navy Yard and near Capitol Hill, Barracks Row, Nationals Park, and Audi Field. Its location also places it near recent Navy Yard development and Barracks Row’s 40+ dining options.
A private gated courtyard of approximately 3,000 square feet provides enclosed outdoor space and connects to a second-level exterior gallery. The property is directly across from the Washington Navy Yard and near Capitol Hill, Barracks Row, Nationals Park, and Audi Field. Its location also places it near recent Navy Yard development and Barracks Row’s 40+ dining options.
Key Highlights
- 3,958‑square‑foot office building on a 5,102‑square‑foot lot
- PDR‑1 zoning and vacant delivery
- Approximately 3,000‑square‑foot private gated courtyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,674
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,513,480
$2.5M
Cap Rate 7%
$1,795,343
$1.8M
Cap Rate 9%
$1,396,378
$1.4M
Market Conditions
NOI Build-Up for 3,958 SF
Gross rent
$199.5K $50.40/SF
− Vacancy
−$31.9K −$8.06/SF
EGI
$167.6K $42.34/SF
− OpEx
−$41.9K −$10.58/SF
NOI
$125.7K $31.75/SF
Area
Washington, DC
Vacancy
16.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,513,480
Cap Rate 7%
$1,795,343
Cap Rate 9%
$1,396,378
Alternative Uses
Best Use
Office B
$1.80M
$1.57M – $2.09M
NOI $125,674 @ 7.0% cap · market cap 7.18%
Second Best
Retail
$907.2K
$793.8K – $1.06M
NOI $63,502 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$2.04M
$1.78M – $2.38M
NOI $142,511 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,064
Businesses Nearby
Explore this area
Business Placement
Demographics for 20003, DC
36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
Market
Vacancy Rate% for Office in Washington, DC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Vacant two-level commercial property with separate entries, independent floor access, and infrastructure supporting multiple occupants.
Where is this office building located?
The property is located at 920 M Street Southeast Washington, DC.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 3,958‑square‑foot office building on a 5,102‑square‑foot lot; PDR‑1 zoning and vacant delivery; Approximately 3,000‑square‑foot private gated courtyard
