2025 M Street NW
Washington, DC
The Opportunity
- By-right residential conversion Precedent for office-to-residential conversion is firmly established along the M Street / West End corridor. 2025 M Street NW is zoned D-5, which permits by-right multifamily use, and the Property is further supported by the D.C. Housing in Downtown (HID) initiative, designed to accelerate residential conversions of legacy office buildings in the urban core. Multiple successful conversions have been completed within walking distance, establishing clear regulatory, design, and execution precedent for residential reuse in this location.
- Uniquely suited for conversion 2025 M Street possesses a rare combination of scale, frontage, and physical efficiency that differentiates it from typical CBD conversion candidates. The Property supports a residential program of approximately 230,000 GSF, including nine floors of residential, ~168,600 RSF of apartments, and 7,000 RSF of ground-floor retail, creating a balanced mixed-use configuration consistent with the surrounding West End fabric. Efficient floorplates, strong perimeter window lines, and multi-sided exposure enable high-quality unit layouts. Prominent M Street frontage provides identity and market presence, while the building’s geometry and scale align density with market expectations for Class A urban multifamily in Washington, D.C.
- Residential viability 2025 M Street NW is situated within the West End / Golden Triangle residential ecosystem, an established mixed-use environment characterized by multifamily, retail, institutional, and cultural uses. The submarket consistently supports some of the highest multifamily rents in Washington, D.C., driven by employment density, transit access, and amenity depth. The Property further benefits from three levels of below-grade parking totaling approximately 240 spaces, a rare attribute for a downtown conversion that materially enhances lease-up velocity, renter appeal, and long-term exit liquidity.
Avison Young’s U.S. Capital Markets Group, the exclusive advisor to the Receiver, is pleased to present the opportunity to acquire 2025 M Street NW (the “Property”), a prominently located 191,248 square foot office building situated along M Street in Washington, D.C.’s West End / Golden Triangle. The Property is located within one of the District’s most established residential corridors and benefits from D-5 zoning, which supports a by-right path to multifamily conversion under current zoning and policy initiatives.
The Property offers investors a highly executable office-to-residential conversion opportunity in an amenity-rich, transit-oriented, and institutionally anchored submarket with a long history of supporting top-tier multifamily rents. The building’s scale, frontage, existing parking, and efficient structural configuration create a clear pathway to residential reuse, positioning the asset for near-term vacancy and redevelopment into a Class A multifamily product supported by durable demand drivers.
With the Property expected to be 100% vacant by January 31, 2027, investors are presented with a rare opportunity to acquire a fully unencumbered redevelopment site and efficiently transition the asset into a Class A multifamily community supported by Washington, D.C.’s deepest and most durable residential demand drivers.
