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Description
2002 11th Street, N.W. is a prime development site in the established U Street Corridor. Currently entitled for up to 36,000 SF of multifamily, the site sits approximately 40 feet off the intersection of 11th and U Streets, N.W. Consisting of approximately 3,423 SF, the site is zoned ARTS-4, allowing for medium to high density mixed-use development with a maximum FAR of 6.0 by right. Additionally, the property is unique because it includes the air rights for the adjoining historical structure (Industrial Bank), allowing new ownership to build 10-stories high, allowing for large, southern facing windows and monument views.
The property boasts a 99 walk score and is located less than 3 blocks from the Metro (Green Line) along the U Street Corridor, well-established as a cultural and nightlife destination.
Location
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Residential
$6,250,000
MLS# VAAR2037448
ACTIVE
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 30th November, 2023 12:40 AM (UTC)
Listing Agent: Rory P Coakley
Listing Office: Rory S. Coakley Realty, Inc.
Attribution contact: 3013700781
