Valuable MU-10 Office/Development Site Adjacent to Shaw / U St Whole Foods

Real Estate

Valuable MU-10 Office/Development Site Adjacent to Shaw / U St Whole Foods

UrbanLand Company
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2-story, 2,600 SF Commercial Property at 913 Florida Avenue, NW – offered at $1,295,000 (listing)

Call/Text Gerard DiRuggiero, Principal Broker, at 202.320.9976 to schedule. This is a rare opportunity to own a choice, 2,600 SF office property with a high pedestrian and traffic count. It’s versatile and visible, with street frontage on both Florida Ave and 9th Street. Front and rear interior stairs allow the space to be divided easily and rented as co-working or live/work space. The 9th Street access is perfect for drop-off and pickup business activities.

The east end of the U Street Corridor is developing into one of the most dynamic and vibrant areas of DC. It’s always been a music mecca with the famed Lincoln and Howard Theaters and the 9:30 Club, as well as lots of smaller music and nightlife venues. Now with trendy and upscale retailers like Warby Parker, Bonobos and Violet Boutique, the Atlantic Plumbing Landmark Movie Theater and Bar, and new eateries like Haikan, Hazel, Kyirisan, and Declaration, as well as local favorites Brixton and Nellie’s Sports Bar rounding out the mix, it’s the place to be for sure.

Residential condominium prices routinely hit $1,000 per SF, and with 1,600 new apartments newly delivered or under construction and the new Whole Foods coming online in 2020, the pedestrian traffic is going to skyrocket.

“We’ve been in this location for more than 13 years and have enjoyed seeing it grow. With all the residential units recently delivered or currently under construction, this area needs office / co-working space. I think the demand is only going to increase for office space like this,” said owner and real estate broker Gerard DiRuggiero, who runs one of his three locations for UrbanLand Company out of the property.

If the Whole Foods and 1,600+ new high-end units not enough, here’s some more upside; it can be assembled with the adjacent property and developed into a 20,000 SF residential or office building.

Make your business an instant and permanent fixture in the U Street Corridor! UrbanLand Company has operated its main real estate office at this location for 13 years – also find them at their new location in the H Street Corridor!

Business concept photos created by freepik -
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