650 Morton St NW - Commercial LAND FOR SALE


Washington, DC 20010 6,534 SF
$2,249,999 USD
202-251-7465
650 Morton St NW, Washington, DC for Sale
$2,249,999 USD
Commercial LAND - FOR SALE
1/3
6,534 SF

650 Morton St NW
Washington, DC 20010


HIGHLIGHTS

  • Redevelopment opportunity for townhouse or two over two style condos, residential apartment building, and more
  • Located across the street from newly built Park Morton Apartments
  • Close proximity to Metro station, retail, nightlife, and dining

OVERVIEW

Prime Residential Development Opportunity Across from the Newly-Built Park Morton Apartments! This expansive 6,740 SQF flat lot with an existing end-of-row rowhouse presents a rare chance to capitalize on RA-3 zoning, allowing moderate-density residential development. Key zoning highlights include an FAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. This property offers versatile options for developers, including townhouse or "2 over 2" condos , a traditional multifamily building, or even assisted and senior-living facilities. By-right development provides upwards of 25,520 total square feet (20,220 above grade + 5,055 below grade). Development above (9) units is subject to additional bonuses and covenants required by the IZ+ program overlay. Contact the listing agent for more detailed studies, including a massing study for a 24-unit apartment concept. Renderings and documentation are available for review but are for informational purposes only. Buyers are encouraged to perform their own due diligence with zoning attorneys, architects, and civil engineers.

FOR SALE DETAILS

PRICE

$2,249,999 USD

PRICE/ACRE

$14,999,993/AC

PRICE/SF

$344 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

650 Morton St NW - RA-3 Redevelopment Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units - Condo, Apartment Units - Senior, Apartment Units - Subsdzd, Single Family Development, Single Family Residence

LAND ACRES

0.15 AC

LAND SF

6,534 SF

OFFSITE IMPROVEMENTS

-

ZONING

RA-3

APN/PARCEL ID

3040-0034

ASK ABOUT THIS PROPERTY

Chris BurnsTTR Sotheby's International RealtyMore Info
202-251-7465

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

Chris BurnsTTR Sotheby's International RealtyMore Info
202-251-7465

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