513 Kennedy St NW - Commercial LAND FOR SALE


Washington, DC 20011- Brightwood Park3,049 SF
$900,000 USD
202-318-6808
513 Kennedy St NW, Washington, DC for Sale
$900,000 USD
Commercial LAND - FOR SALE
1/6
3,049 SF

513 Kennedy St NW
Washington, DC 20011
Brightwood Park


HIGHLIGHTS

  • • Shovel-Ready at Closing | $146,000+ in Pre-Development Costs Completed
  • • 11,721 Gross Buildable SF Across 4 Levels + Cellar & Penthouse
  • • Unit Mix of 2 - 1BR/1BA, 6 - 2BR/1BA, 2 - 4BR/2.5BA
  • • Raze & Underpinning Work Completed which will Mitigate Carrying Costs
  • • High-Demand Condominium Market | Recent Outsales Exceeding $600 Per SF
  • • Located in an Opportunity Zone which Offers Tax Benefits to Investors Developing Ground-Up Projects

OVERVIEW

Feldman Ruel is pleased to offer for sale 513 Kennedy Street NW, a 10-unit multifamily development site located in an Opportunity Zone. At closing, ownership will convey all approved plans and permits, allowing the purchaser to start construction immediately.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/ACRE

$12,857,986/AC

PRICE/SF

$295 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

513 Kennedy Street NW

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo

LAND ACRES

0.07 AC

LAND SF

3,049 SF

OFFSITE IMPROVEMENTS

-

ZONING

MU-4

APN/PARCEL ID

3207-0080

ASK ABOUT THIS PROPERTY

Ryan SmithFeldman RuelMore Info
202-318-6808

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Ryan SmithFeldman RuelMore Info
202-318-6808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.