The RBG Building | 1508 U Street NW

Washington, D.C. 20009

Offering Memorandum

The Offering

Summary

  • List Price $2,875,000
  • Product Type Mixed-Use
  • Product Subtypes Retail & Office
  • GBA 3,600 SF
  • Occupancy 0%
  • 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. 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 will be delivered vacant, offering an opportunity for an owner-user to immediately take occupancy, or an investor to immediately lease up the property. 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. 

Investment Highlights

• Owner-User Optionality | Delivered Vacant at Closing

• Winner of PeerSpace’s 2024 Open Door Award for Top Event Spaces

• Open Floor Plans Well Suited for Numerous Allowable Uses
• Located 2.5 Blocks West of the U Street Metro Station | Green Line

• 4 On-Site Parking Spaces & Proximate to Multiple Metrobus Stops

• Along a Great Streets Corridor | Grants up to $80,000 for Building Improvements

Listing Agents

Ryan Smith

Associate Director
Direct: (202) 318-6808

Josh Feldman

Managing Principal
Direct: (202) 318-6833

Ian Ruel

Managing Principal
Direct: (202) 318-6844