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Rare Purchase Opportunity for 3 Contiguous Row Homes in the Heart of Dupont
CBRE has presented a rare opportunity to purchase three contiguous row homes that are conducive to commercial or residential redevelopment in a prime Dupont Circle location.
Located at 1322-1326 18th Street NW (1322 18th Street), the previously commercial use buildings are zoned MU-15—with additional by-right square footage potentially available—and can be sold together or individually. The building was built in 1870 and is vacant. Bids are due by August 18th.
Located at Dupont Circle, 1322 18th Street presents a unique opportunity for residential development in one of DC’s most vibrant and sought-after neighborhoods. The site is at the epicenter of an affluent and popular area in DC with a strong flow of visitor traffic and tourism. Monthly apartment rents in the immediate area routinely surpass $4 per square foot and $900+ per square foot in condo sales.
Just two blocks from the Dupont Circle Metro Station (Red Line) and with direct access to both Connecticut Avenue and Massachusetts Avenue, 1322 18th Street is ideal for residents seeking easy access to the wealth of employment and entertainment options in greater Washington, DC.
For more information or to submit a bid, please contact CBRE’s Zach Stone at 202-585-5650.
See other articles related to: Dupont Circle real estate, CBRE
This article originally published at http://dc.urbanturf.com/articles/blog/rare-opportunity-for-3-contiguous-row-homes-in-the-heart-of-dupont/18580
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