Core Development Opportunity - Stream Realty Partners is pleased to present the opportunity to acquire a free-standing, 502,009 square foot, 12-story office building situated on a 47,732 square foot site in the heart of downtown Washington, D.C. The property offers a rare, fully vacant asset that provides immediate optionality for a transformative repositioning or ground-up development.
Zoned D-6, the site is positioned to maximize both density and use, allowing new ownership to capitalize on the housing shortage, strong multifamily fundamentals of the 14th Street Corridor, and continued evolution of Downtown Washington, D.C. into a vibrant, mixed-use neighborhood. With ~ 300 below-grade parking spaces already in place, the property offers a significant infrastructure benefit that reduces future development costs and timelines.