The Commercial Condos at The Adora, Unit 2 & Unit 3

Washington, D.C. 20001

Offering Memorandum

The Offering

Property Overview

  • List Price $9,800,000
  • Gross Unit Size 33,897 SF
  • Price Per SF $289.11
  • Product Type Commercial Condo
  • Potential Uses Multifamily Conversion, Office, or Lodging
  • Levels 2nd & 3rd
  • Rentable SF 26,798 SF
  • Occupancy 0%

Investment Summary

Feldman Ruel Urban Property Advisors is pleased to exclusively represent ownership in the sale of commercial condominium units 2 and 3 which encompasses the entire second and third level of the property located at 1827 Wiltberger Street NW. The Commercial Condos at The Adora are part of an historic adaptive reuse of the Holzbeierlein Bakery building. The entire project is comprised of three levels of commercial condominium space totaling 42,115 gross square feet, nine private garages, and nine luxury residential condominium units on levels four and five.

Investment Highlights

● Adaptive Reuse of a Unique Historic Structure

● 2nd and 3rd Levels | Conveys in Warm Lit Shell Condition

● Both Units Present a Rare Opportunity for Lodging Use
● ARTS-2 Zoning Allows for a Myriad of Potential Uses

● Priced Significantly Below Similar Comparables in the Market

● Located Two Blocks from the Shaw-Howard University Metro Station

Listing Agents

Josh Feldman

Managing Principal
Direct: (202) 318-6833

Ian Ruel

Managing Principal
Direct: (202) 318-6844

Adam Costanzo

Senior Associate
Direct: (202) 318-6826