2002 11th Street NW

Washington, D.C. 20001

Offering Memorandum

The Offering

Summary

  • List Price Request for Offers
  • Product Type Land for Development
  • Lot Size 3,423 SF
  • Zoning ARTS-4
  • Potential Uses Multifamily, Lodging, Retail, Office
  • Site Conditions All Raze Work Completed
  • Approved Development Scenario 27 Multifamily Units + 8,458 SF of Commercial Space

Investment Summary

Feldman Ruel is pleased to offer for sale 2002 11th Street NW, a unique parcel primed for a mixed-use, multifamily, or lodging development. Situated immediately adjacent to the U Street corridor, one of Washington, D.C.'s most recognizable and popular commercial arteries, the subject property conveys with HPRB massing and BZA approvals for the project outlined in Development Scenario #1. In addition, ownership has razed the structure that previously occupied the site, eliminating demolition costs that developers typically incur with urban infill projects.

Investment Highlights

• Delivered with BZA & HPRB Approvals to Construct 27-Unit Multifamily Units & 8,458 Square Feet of Commercial Space

• Conceptual Plans Also Available for 57 Micro or Lodging Units & 1,978 Square Feet of Commercial Space

• ARTS-4 Zoning Allows for Numerous Potential Uses Including Multifamily, Lodging, Office & Retail/Service
• Immediately Adjacent to the U Street Corridor & Only 3 Blocks from 14th Street NW

• Less than 2 Blocks from the U Street Metro Station and 0.5 Miles from the Shaw-Howard Metro Station

Listing Agents

Josh Feldman

Josh Feldman

Managing Principal
Direct: (202) 318-6833
Ian Ruel

Ian Ruel

Managing Principal
Direct: (202) 318-6844
Adam Costanzo

Adam Costanzo

Senior Associate
Direct: (202) 318-6826