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BRUCE PL SE new to site

Washington,DC 20020

$ 1149000

- Bed

- Bath

- SqFt

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2166758

HOA Y/N N

Originating Board BRIGHT

Tax Year 2023

Lot Size 1.040 Acres

Acres 1.04

Property Description

Marcus & Millichap is pleased to exclusively represent the owner of a prime redevelopment opportunity at Bruce Place SE, Washington, DC 20020, in the Barry Farm subdivision. This property, situated on a spacious .83-acre lot, offers a significant investment potential. Zoned RA-1, the parcel permits a .9 FAR, allowing for the construction of up to 32,505 square feet of residential space. This translates to the possibility of developing 40 multifamily units.

Barry Farm is currently undergoing substantial redevelopment as part of a district-wide initiative to revitalize the area. The comprehensive redevelopment plan includes new housing, community amenities, retail spaces, and green areas. Early investment will be a benefit in a transforming neighborhood

The property boasts a strategic location in Southeast Washington, DC, with close proximity to downtown, Joint Base Anacostia-Bolling, Navy Yard, Nationals Park, Saint Elizabeths Hospital, National Harbor, the Yellow Line Metro station, and the 495 and 295 Beltways. Its connectivity to major highways and public transportation makes it an attractive site for residential and commercial developments, offering convenient access to key parts of the city, Maryland, and Virginia

Location

State DC

County Washington

Zoning RA-1

Exterior

Waterfront N

Water Access N

Garage N

Building

Sewer Public Sewer

Water Public

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5742//0817

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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