Sold
5508 7th St NW
Washington DC, 20011
$2,890,000
$101.17 per sqft
Sold
28,567 sqft
Commercial
Built in 2019
Opportunity Zone qualified vacant lot on the Kennedy Street Corridor! This MU-4 zoned site offers flexibility to build a ground-up commercial, mixed-use or residential building in a rare qualifying Opportunity Zone in NW DC. Owner's conceptual plans provide for a multifamily building of 31 units (0-3 BR) and 28,568 GSF. Located adjacent to trendsetting ANXO Cidery and Tasting Room. A $10MM Kennedy Street Revitalization Plan has recently been completed, and development of 2MM SQF at nearby Art Place at Fort Totten is currently underway. Please contact agent for further details and conceptual plans.
DCDC411136
MLSⓇ ID
March 15, 2024
Updated
Map
5508 7th St NW
Washington DC, 20011
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.19 Acres
Sewer
Public Sewer
Other Property Details
Days on Market
70
Garage
No
View
No
County
WASHINGTON
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
Listed by Christopher S Burns, with TTR Sotheby's International Realty
Listing Contact: 2022517465
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Data last updated on 3/15/2024 at 6:59 PM UTC
