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2373 Rhode Island Ave NE - Shovel Ready Development Site Fully Permitted

6,349 SF Speciality Building Offered at £2,217,822 in Washington, DC 20018

Investment Highlights

  • Conveys with Plans & Permits to Build 40 Multifamily Units
  • 27,794 Square Feet of Sellable Area Across 6 Levels
  • Approximately 5,500 Multifamily Units Under Construction or Planned within a 1-Mile Radius
  • Mix of Jr. 1BR, 1BR, 1BR+Den, 2BR, and 2BR+Den Units
  • Over $16M Projected Condominium Outsales According to Urban Pace

Executive Summary

Feldman Ruel is pleased to exclusively offer for sale 2373 Rhode Island Avenue NE, a 40-unit multifamily development site located in the Woodridge neighborhood of Washington, D.C. At closing, the site will convey with a full set of DOB-approved plans and all permits required to break ground immediately after closing.

Property Facts

Price £2,217,822 Lot Size 0.13 AC
Price Per SF £349 Building Size 6,349 SF
Sale Type Investment Number of Floors 3
Sale Conditions Development Sale Year Built 1986
Property Type Speciality Parking Ratio 2.43/1,000 SF
Property Subtype Religious Facility Corridor Exterior
Building Class C
Price £2,217,822
Price Per SF £349
Sale Type Investment
Sale Conditions Development Sale
Property Type Speciality
Property Subtype Religious Facility
Building Class C
Lot Size 0.13 AC
Building Size 6,349 SF
Number of Floors 3
Year Built 1986
Parking Ratio 2.43/1,000 SF
Corridor Exterior

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Walk Score ®
Very Walkable (78)
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zoning

Zoning Code MU-4
MU-4
(202) 318-6800

Contacts

  • Listing ID: 34189288

  • Date on Market: 13/12/2024

  • Last Updated:

  • Address: 2373 Rhode Island Ave NE, Washington, DC 20018

The Speciality Property at 2373 Rhode Island Ave NE, Washington, DC 20018 is currently available for sale. Contact Feldman Ruel for more information.

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2373 Rhode Island Ave NE - Shovel Ready Development Site Fully Permitted
(202) 318-6800 x

2373 Rhode Island Ave NE - Shovel Ready Development Site Fully Permitted

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Ian Ruel

(202) 318-6800

(202) 318-6800

Josh Feldman

(202) 318-6800

(202) 318-6800

Ryan Smith

(202) 318-6808

(202) 318-6808

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