2002 11th Street NW
Washington, D.C. 20001
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
• BZA & HPRB Approvals | 27 Multifamily Units & 8,458 SF of Commercial Space
• Permanently Unfettered South-Facing Views Due to the Transfer of Air Rights
• ARTS-4 Zoning | Uses Include 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 & 0.5 Miles from the Shaw-Howard Metro Station
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