$4,000,000

2310 4th St NE

WASHINGTON DC, 20002

Description

MAC Realty Advisors, as exclusive agent, is pleased to present this opportunity to purchase 2310 4th Street NE, a fully planned and permitted, 29-unit multifamily development project. The Project is poised to deliver efficiently designed units that provide convenient access to all major employment centers in the DC Metro Area (Rhode Island Ave metro steps from Property). Additionally, the Project will significantly benefit from the adjacent placemaking development by MRP - Bryant Street Redevelopment Project. This sale conveys all DC required approvals to break-ground immediately upon closing to develop Property. CONTACT FOR MORE INFO in order to review all offering materials. This shovel ready Property provides a developer a unique opportunity to minimize project costs / risk through an accelerated development timeline and certainty in development executional created by the Owner providing all necessary approvals to immediately start construction. Motivated Seller!

Details

MLS#DCDC464922
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1925
Days On Site53

Features

SQ Feet22,950
Story(s)0
ZoningMU-4

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Area Information

StateDC
CityWASHINGTON
Zip Code20002
Listing VS Median (in 20002)
Price:
$4,000,000
low | high
Med:
$604,950
100% of Average
SqFt:
22,950
low | high
Med:
1,263
100% of Average
$ / SqFt:
$174
low | high
Med:
$572
100% of Average
On Site:
53
low | high
Med:
9
100% of Average
Listing Updated: 06/06/2020
MLS Number: DCDC464922
Listing Provided By:
Andrew Mcallister  of  Mac Realty Advisors LLC
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