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Warehouses for Sale in Washington DC
Warehouses for sale in Washington DC are an intriguing commodity. These large places that have traditionally been used for storage, industrial and/or work environments may not be quite as high in supply as certain other urban territories across the country, but they certainly do exist. Some are bought and sold for traditional warehouse use and others are used by commercial and residential developers as structures or footprints to transition into stores, offices and condos for sale.
Among DC warehouses are those that are historically designated and those that are not. Warehouses in historic districts, or that are of a certain age, are often protected from demolition. It is thereby up to potential buyers and developers to assess whether such a property could be renovated, restored or adapted for present day use. More typically, however, warehouses for sale in Washington DC will be new industrial use structures without historic ramifications that are used commercially.
Location can play a large role for some buyers. And while it’s tempting to think of wonderful old brick structures with banks of factory windows in trendy downtown DC locations, most of those antiques have already been transitioned into present day roles as trendy upscale living spaces, or mixed-use buildings with both residential and commercial units.
This isn’t to say that these types of properties never come to market, but you are more apt to find warehouses for sale in Washington DC in outlying areas such as the northeastern quadrant, especially communities bordering rail lines. This make logical sense, since industrial use in the modern age has often occurred within a proximity to commercial transit. As for southeastern and southwestern waterfront locations, many but not all of those warehouses have been rolled into new largescale redevelopment projects.
In short, warehouses for sale are not dissimilar to the rest of the real estate market in Washington DC—it’s a fast moving and ever evolving business. And that isn’t apt to change anytime soon. Call District Partners at Compass to learn more, 202-798-3600.