1107 Delaware Ave SW 0.07 Acres of Commercial Land Offered at £1,808,160 in Washington, DC 20024

INVESTMENT HIGHLIGHTS

  • Centrally located between THREE! Waterfront Development projects. Location, Location, Location. It just doesn't get much better than this.
  • Town Center and a Model Community. With 2 metro stations less than 4 blocks in either of two directions, this is a can't miss opportunity!
  • The city will build super amenities adjacent to this property. In the city's own words: a Green Oasis, an Arts and Cultural Destination, a thriving

EXECUTIVE SUMMARY

Back on the market. The buyer's financing fell through. Fantastic development opportunity! Situated on an adjacent or common border to the District of Columbia "Greenleaf Community" Redevelopment project. The site is now Zoned RA-1 but the city is re-zoning it MU-10. The redevelopment will encompass at least 10 acres which the city's proposal states will become: "a Model Community, a Green Oasis, an Arts and Cultural Destination, a thriving Town Center." See planning,dc.gov/publication/southwest-neighborhood-plan The new SW Wharf (3.2 million square feet of development) is a short walk to the west. And the site is within 3 to 4 blocks of the Waterfront Metro Station and in the opposite direction a similar distance to the Nats Park Metro Station. To the east, the site is a similar distance from the Capital Riverfront and the "Yards" which is part of the Anacostia Waterfront Initiative (AWI), adding millions of square feet of high quality residential, retail and office space. And to the south of the site approximately 5 blocks is "Audi Field" and the Buzzard Point redevelopment project. This is an awesome opportunity to build luxury condos in a super desirable area.

PROPERTY FACTS

Price £1,808,160
Sale Type Investment
Sale Condition Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Storefront, Retail or Residential
Total Lot Size 0.07 AC
Zoning MU-10

1 LOT AVAILABLE

Lot 833

Price £1,808,160
Price Per AC £25,830,858.09
Lot Size 0.07 AC

Level and faces Delaware Ave, very visible from M St SW. this lot has alleys on both sides and the rear. Presently the home of the Second Union Baptist Church. DC Gov't is rezoning this land to MU-10 to accomodate their own redevelopment project.

Walk Score®
Very Walkable (88)
Transit Score®
Rider's Paradise (91)
Bike Score®
Biker's Paradise (96)

PROPERTY TAXES

  • Listing ID: 17288103

  • Date on Market: 25/09/2019

  • Last Updated:

  • Address: 1107 Delaware Ave SW, Washington, DC 20024