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Property summary
This exceptional 28,317-square-foot industrial property at 300 Vine St NW, Washington, DC 20012, presents a rare opportunity in the District of Columbia's vibrant Washington DC submarket. The building, situated on a 4.6-acre lot, offers flexible MU-4 zoning, allowing for a variety of commercial uses including refrigerated/cold storage, manufacturing, warehouse, distribution, and R&D. Currently fully vacant, the property is ready for immediate occupancy by a single tenant or can be easily subdivided for multiple occupants. The building features two levels, each with distinct advantages. The upper level, accessible from Vine Street NW, boasts 15,000 square feet, 10+ parking spaces, two 12' x 12' roll-up loading docks, 15-foot ceiling heights, and approximately 5,000 square feet of semi-finished office space. It also includes two bathrooms and heavy 3-phase power. The lower level, accessible from Maple Avenue NW, offers another 13,317 square feet, 10+ parking spaces, a dock-high door with a hydraulic leveler, a 10' x 12' roll-up door, and three dedicated entrances. Ceiling heights range from 9 to 10.5 feet. Both levels benefit from new security features, including a perimeter swing gate. The property also includes 25+ parking spots in total. Its convenient location, one block from the Takoma Park (Red Line) Metro platform, and proximity to new multi-family residences and retail establishments, enhance its appeal. A generous tenant improvement allowance is available for qualified commercial tenants with a preferred lease term of five years or more. The MU-4 zoning allows for significant additional development potential, making this an ideal covered land play.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
/DC, MU 4/DC, MU-5A/DC, MU-6B/DC, MU-8B/DC, MU-9B/DC, AND MU-10/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST AND CAPITOL HILL COMMERCIAL MIXED-USE ZONES - MU-2/CAP,…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
MU-4 · Washington, DC/DC, MU 4/DC, MU-5A/DC, MU-6B/DC, MU-8B/DC, MU-9B/DC, AND MU-10/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST AND CAPITOL HILL COMMERCIAL MIXED-USE ZONES - MU-2/CAP,…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
/DC, MU 4/DC, MU-5A/DC, MU-6B/DC, MU-8B/DC, MU-9B/DC, AND MU-10/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST AND CAPITOL HILL COMMERCIAL MIXED-USE ZONES - MU-2/CAP,…
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