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