

Union Market Warehouse
Retail | 13,500 SqFt
Marketing description
A rare investment and redevelopment opportunity in the heart of Washington, DC's thriving Union Market District, this existing two-story retail warehouse spans approximately ±11,700 square feet and sits on three contiguous parcels totaling ±0.47 acres (20,473 square feet). Positioned within the rapidly growing NoMa / Near Northeast submarket, the property offers immediate income with 100% occupancy while presenting significant long-term upside through redevelopment or repositioning.
Zoned PDR-1 (Production, Distribution & Repair), the site allows for a variety of commercial, mixed-use, and adaptive reuse possibilities. With a FAR of 3.31 and expansion potential, investors and developers can explore mixed-use concepts including retail with residential or office above, boutique multifamily, restaurant conversion with potential rooftop activation, or an owner-user redevelopment strategy.
The property benefits from 20 on-site parking spaces and strong surrounding foot traffic, driven by continued residential growth and transit accessibility in the Union Market and NoMa corridors. The area has become one of DC's most dynamic neighborhoods, fueled by new mixed-use developments, national retailers, destination dining, and proximity to employment centers.
Demographics within a one-mile radius reflect strong household incomes and a highly educated population base, reinforcing the area's continued demand for modern retail, experiential uses, and residential density.
This offering combines stable in-place income with compelling redevelopment optionality in one of Washington, DC's most active growth districts—making it an exceptional opportunity for investors, developers, or owner-users seeking scale, flexibility, and long-term value creation.
Investment highlights
- Large, combined lot in the fast-growing NoMa / Near Northeast submarket
- Flexible zoning supporting commercial, residential, or mixed-use redevelopment
- FAR 3.31 with expansion potential
- Strong foot traffic and excellent access to transit, retail, and employment centers
- Mixed-use (retail + residential or office)
- Boutique multi-family
- Retail or restaurant conversion, including potential rooftop use
- Owner-user redevelopment opportunity
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