Active

Bruce Pl SE

Washington DC, 20020

$1,149,000


$25.35 per sqft

Active

1.04 Acres

Land

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

DCDC2166758

MLS ID

October 30, 2024

Listed

November 1, 2024

Updated

Map

Bruce Pl SE
Washington DC, 20020

Exterior/Building Features

Lot Size

1.04 Acres


Sewer

Public Sewer

School Information

School District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Other Property Details

Days on Market

1


Garage

No


View

No


County

WASHINGTON


Water Source

Public


Pool

No


Zoning

Zoned RA-1 zoning allows for moderately densed development and approximately 40 Multifamly units on this site.

Listed by Marcus & Millichap Real Estate
Listing Contact: 2025363742 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/1/2024 at 3:11 AM UTC

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