1515 9th St NW - Commercial LAND FOR SALE


Washington, DC 20001 8,059 SF
$7,750,000 USD
202-318-6800
1515 9th St NW, Washington, DC for Sale
$7,750,000 USD
Commercial LAND - FOR SALE
1/6
8,059 SF

1515 9th St NW
Washington, DC 20001


HIGHLIGHTS

  • Diverse Unit Mix Consisting of Studios, 1BR, 2BR, & 3BR Units.
  • 6 Levels + Cellar & Penthouse | 31,784 Sellable SF.
  • Architectural Plans Designed by Square 134 Architects.
  • Robust Condominium Market with Recent Outsales Above $900 Per SF.
  • MU-5B Zoning | Allows for Multifamily, Retail, Office, & Lodging Uses.
  • 1,500+ Multifamily Units & 31,000 SF of Retail Proposed or Under Construction within 0.5 Miles.

OVERVIEW

Feldman Ruel is pleased to offer the opportunity to acquire 1515 9th Street NW, an 8,057-square-foot development site situated directly between the Mt. Vernon Square and Shaw-Howard Metro Stations. Ownership has secured Map Amendment and HPRB conceptual design approval for a 40-unit multifamily building spanning eight levels. The project can be delivered as-is, allowing a new ownership group to modify the existing set of plans, or the site can be delivered fully-permitted to streamline the development process and to avoid costly delays in obtaining the necessary approvals and entitlements.

FOR SALE DETAILS

PRICE

$7,750,000 USD

PRICE/ACRE

$41,900,211/AC

PRICE/SF

$962 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units - Condo

LAND ACRES

0.18 AC

LAND SF

8,057 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

MU-5B

APN/PARCEL ID

0397-0030

ASK ABOUT THIS PROPERTY

Ian RuelFeldman RuelMore Info
202-318-6800

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Ian RuelFeldman RuelMore Info
202-318-6800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.