List price to be opening bid at online only auction. Auction to take place on the auctioneer's website/bidding platform. See link section below. Prime Fully Entitled Development Opportunity – Approved Plans & Permits in Place Exceptional investment opportunity in the heart of Washington, DC featuring four contiguous parcels at 44–46–48–50 Q St NW. This offering is fully entitled with all approvals secured and permits issued, allowing for immediate commencement of construction. The approved development plan includes the demolition of an existing two-story church and a two-story residential structure, followed by the renovation of one existing attached residential building and the ground-up construction of three new attached residential buildings. Upon completion, the project will deliver a thoughtfully designed 9-unit residential community with a mix of spacious, modern layouts. Planned Unit Mix: • 44 Q St NW (3 units): Unit 1: 2BR / 2BA – 1,240 SF Unit 2: 2BR / 2BA – 1,229 SF Unit 3: 4BR / 3.5BA – 2,560 SF • 46 Q St NW (2 units): Unit 1: 3BR / 3.5BA – 2,111 SF Unit 2: 3BR / 3.5BA – 2,288 SF • 48 Q St NW (2 units): Unit 1: 3BR / 3.5BA – 2,111 SF Unit 2: 3BR / 3.5BA – 2,286 SF • 50 Q St NW (2 units): Unit 1: 3BR / 3.5BA – 1,964 SF Unit 2: 3BR / 3.5BA – 2,162 SF The combined site totals approximately 0.20 acres, with each parcel comprising 0.05 acres. This project presents a rare opportunity for developers to step into a fully approved, permit-ready development in a rapidly growing and highly desirable urban location. The Truxton Circle neighborhood is ideally located adjacent to Shaw and NOMA. It is known for its bars, restaurants, coffee shops and parks. It is also very convenient to downtown Washington and other attractions in Northeast and Northwest Washington, DC. Diligence Package: A copy of the purchase and sale agreement, approved drawings, permits, and assorted addenda are located in the documents section. In order to gain access, you must create a free account as well as accept a non-disclosure agreement. Auction Notes: Online Auction Only! Bidding begins Saturday, May 9th and ends Thursday, May 14th 2026 at 11:00AM. Online Bidding Notes: The initial deposit must be made via credit card, wire transfer or by Cashier's Check. Please review the online bidding terms and deposit transmittal form in the Documents Section for more details. If a lot receives a bid within the last 3 minutes. it will remain open for an additional 3 minutes. If any further bidding occurs, the extension timer will reset to 3 minutes. If no further bidding activity occurs, the lot closes when the timer runs out.