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Development Site 2125 E St NW 16,129 SF 21% Leased Retail Building Washington, DC 20037 For Sale

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Investment Highlights

Residential Redevelopment Site (67,000SF) or for Owner-User (12,769SF available). 3,360SF Leased.
Existing Income, Redevelopment Clause

Located steps from George Washington University, The Kennedy Center and The Watergate Hotel
12 Parking Spaces

Executive Summary

Prime Residential Redevelopment/Investment Opportunity just South of the George Washington University Campus, and the Kennedy Center. Ability to develop approximately 67,000 SF+/- of residential. Currently occupied by Bourbon & More (5-year, NNN Lease), former CVS (12,769SF available)vacant. All leases have redevelopment clause. Please contact listing agents for offering memorandum.

2123 - 2125 E St NW Exclusive Offering SALE 2-PG - sef jgp

Financial Summary (Actual - 2025)	Annual	Annual Per SF
Gross Rental Income	$60,000	$3.72
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$60,000	$3.72
Net Operating Income	-	-

Financial Summary (Actual - 2025)

Gross Rental Income
Annual	$60,000
Annual Per SF	$3.72

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$60,000
Annual Per SF	$3.72

Net Operating Income
Annual	-
Annual Per SF	-

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Redevelopment Project

Property Type

Retail

Property Subtype

Storefront

Building Size

16,129 SF

Building Class

Year Built

1940

Percent Leased

21%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

1.76

Lot Size

0.21 AC

Zoning

MU-2 - Mixed-use zoning district that encourages a combination of residential, retail, office, and service uses in a compact, walkable area.

Parking

12 Spaces (0.74 Spaces per 1,000 SF Leased)

Frontage

58’ on E St NW

Signalized Intersection

Major Tenants

Riverside Liquors
Retailer
3,360 SF
$17.85
Triple Net
May 2030

Tenant	Industry	SF Occupied	Rent/SF	Lease Type		Lease End
Riverside Liquors	Retailer	3,360 SF	$17.85	Triple Net		May 2030

Space Availability

Space
Size
Space Use
Position
Available

1st Floor
7,305-12,769 SF
Retail
-
Now

Former CVS For Lease. 2125 E Street is located on the southern edge of George Washington University (GWU). 7,305 first floor, 5,464SF basement (12,769SF total). First floor space is in warm, lit shell condition with two bathrooms in place. Short term uses OK. Off Street parking available (up to 10 spaces).

Space	Size	Space Use	Position	Available
1st Floor	7,305-12,769 SF	Retail	-	Now

Size

7,305-12,769 SF

Space Use

Retail

Position

Available

Now

Size	7,305-12,769 SF
Space Use	Retail
Position	-
Available	Now

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Walk Score®

Walker's Paradise (95)

Transit Score®

Excellent Transit (83)

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Property Taxes

Parcel Number	0081-0844	Improvements Assessment	$4,613,460
Land Assessment	$1,821,630	Total Assessment	$6,435,090

Property Taxes

Parcel Number

0081-0844

Land Assessment

$1,821,630

Improvements Assessment

$4,613,460

Total Assessment

$6,435,090

(301) 961-9696 x216

Contacts

Sam Farnum
Tyke Papanicolas
AMR Commercial, LLC

Listing ID: 33639558
Date on Market: 10/25/2024
Last Updated:
Address: 2125 E St NW, Washington, DC 20037

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