33 Unit Shovel Ready Multifamily Development Site for Sale

The 0.17 AC Lot is located on Rhode Island Ave NE in the Brookland submarket, close to I-295 and Route 50.Long and Foster Commercial Division is pleased to offer the sale of 1716 Rhode Island Ave NE which is a 0.17 Acre lot strategically located in Northeast DC. Nestled on Rhode Island Ave in the Brookland submarket, this development site conveys with plans for a 5 story 33 unit multifamily building, with a unit mix of 18 One Bedroom Units and 15 2 Bedroom Units. Its prime location on heavily trafficked Rhode Island Ave NE, surrounded by numerous development projects, adds to the desirability of this opportunity.1716 Rhode Island Ave NE represents an opportunity to lease a 0.17 Acre lot strategically located in Northeast DC. Nestled on Rhode Island Ave in the Brookland submarket, this paved in and fenced lot is ideal for various outdoor business concepts such as a beer garden. With its prominent location on heavily trafficked Rhode Island Ave NE, businesses can benefit from high visibility and the potential for prominent signage. The lot is improved by a 878 SF freestanding retail building.