Transwestern’s Mid-Atlantic Capital Markets Group is pleased to present the fee simple interest in 900 Rhode Island Avenue NE (the “Property”), a premier multi-family development opportunity located in Washington, DC. Strategically positioned adjacent to the Rhode Island Avenue Metro Station (Red Line), the
Property offers exceptional transit-oriented development potential within the rapidly evolving Rhode Island Avenue corridor. Zoned MU-6, the site allows for by-right residential redevelopment, eliminating the need for the Planned Unit Development (PUD) process or additional entitlements—streamlining the development process. The 43,996 square foot site allows for 264,000 - 315,000 square feet of density (6.0 – 7.2 FAR w/IZ). Furthermore, the Property is currently leased to two tenants with the last lease expiring in January 2026, providing optionality to renew the tenants or move immediately forward with the redevelopment of the site.