The RBG Building | 1508 U Street NW
Washington, D.C. 20009
The Offering
Summary
- List Price $2,300,000
- Product Type Mixed-Use
- Product Subtypes Retail & Office
- GBA 3,600 SF
- Occupancy 25%
- Lot Size 1,660 SF
- Parking 4 On-Site Spaces
- Street Frontage 17'5"
Investment Summary
Feldman Ruel is pleased to present 1508 U Street NW, a four-level, mixed-use property totaling approximately 3,600 square feet. Situated along a public alley with unobstructed views, the subject property offers two points of visibility for signage. Affectionately called The RBG Building, the property gained national recognition as the site of the first public mural honoring Supreme Court Justice Ruth Bader Ginsburg, as reported by CNN. The mural, created by local artist Rose Jaffe, spans the building’s full height, and Justice Ginsburg personally visited to express her gratitude to the owner and artist. 1508 U Street NW includes four on-site parking spaces, is in close proximity to multiple Metrobus stations, and is 0.3 miles from the U Street African-Amer Civil War Memorial/Cardozo Metro station, which service the Green line. The subject property can be delivered partially leased with the retail tenant occupying the sub-level, leaving the remaining levels vacant for an owner-occupant. Alternatively, ownership would consider a short-term sale leaseback of the vacant levels to help an investor mitigate their carrying costs as they plan their lease up strategy.. 1508 U Street NW has been leased out for private events using the PeerSpace.com platform, where it recently received its 2024 Open Door Award given to top event spaces. View the subject property on PeerSpace.com.