Cushman & Wakefield is pleased to present the opportunity to acquire a rare redevelopment assemblage at Kingman Place NW. The offering is located between 13th and 14th Streets NW, and P and Q Streets NW, just steps from Logan Circle and the vibrant 14th Street corridor.
Formerly home to the Kingman Boys & Girls Club, the site is ideally suited for multifamily redevelopment. The offering consists of seven (7) parcels within a larger ten-parcel assemblage and encompasses approximately 0.25 acres of RA-2 zoned land. This presents a rare opportunity to control a significant redevelopment site in one of the District’s most supply-constrained residential markets. Five (5) parcels contain structural improvements. Four (4) are contiguous, improved with a large building featuring tall ceilings and substantial second-floor space that may be well suited for residential conversion or redevelopment. The fifth, non-contiguous parcel is improved with a single-family home, presenting an additional redevelopment opportunity. The remaining two (2) parcels are undeveloped land. One is currently used for parking, providing added flexibility for site planning and density and the other is raw land. All existing improvements are 100% vacant, allowing for an efficient redevelopment process.