Postal Service sells historic building where mailbags were made

SteveBlog

BizJournal.com: For roughly five decades, the U.S. Postal Service facility at 2135 Fifth St. NE in Eckington (in Washington, DC), was the only equipment shop for the entire postal system, manufacturing millions of mailbags and hundreds of thousands of postal locks every year.  Last week, the Postal Service sold the 79,380-square-foot historic building, located on a 2.5-acre lot, for $12.25 million…

The two-story, fireproof poured-in-place federal warehouse was recently designated historic by D.C.’s Historic Preservation Review Board. Completed in 1918 at an estimated cost of $200,000, it was one of the earliest reinforced concrete, column-and-slab buildings in the District.

“The federal government was the city’s principal client for such structures, and this was its earliest,” per the Historic Preservation Office report on the historic nomination. “Finally, the building represents the unique mix of uses and building types within the historic neighborhood of Eckington, whose development was heavily influenced by the proximity of freight rail and rail-dependent industry.”  Read more.

According to CBRE’s sales flyer for the property, the building “is historic under the National Historic Preservation Act (NHPA), meaning it is eligible for listing, or listed on, the National Register of Historic Places. In connection with any sale and transfer of the property, the Postal Service will be required to agree to take certain actions or refrain from certain actions in order to resolve the adverse effects arising from the proposed transfer of the property out of Federal ownership without preservation protections that ensure long-term preservation of the property’s historic significance.”  Read more.

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