700 MONROE STREET NE

WASHINGTON, DC, 20017

$20,000,000

$1,037 per ft²
$20,000,000
$1,037 per ft²
Active
Active
 - For Sale
carpenters-square
19,279 ft²
property_type
Commercial
calendar
Built 1981
A Developers Dream has just hit the MARKET!! Just a two-minute walk from the Brookland-CUA Metro Station, 700 Monroe Street Northeast is the last parcel in Brookland for major redevelopment. One block away from Catholic University, there has been an influx of development within a one-block radius adding over 500 rental units with 2-bedroom units starting at $3400 per month. Brookland, also known as Little Rome, is a neighborhood located in the Northeast (NE) quadrant of Washington, D.C. It is best known for its numerous Catholic institutions, including schools, religious communities, shrines, institutes, and other organizations built and based around the Catholic University of America. Recent redevelopment projects within a one-block radius have produced several six-level buildings with the largest featuring 310 rental units with ground-floor retail and restaurants. The Brookland submarket having a smaller town neighborhood vibe close to Downtown D.C. has been experiencing a massive influx of development over the last decade. With notable projects such as the Monroe Street Market (three separate and distinct buildings), Brookland Artspace Lofts, Hanover 8th, and RIA development on Rhode Island Avenue this is a highly sought-after area for redevelopment. The most unique development is directly next door and features 152 rental units and 26 dedicated artist spaces which hosts numerous events including the weekly Farmer's Market.
MLS® ID:
DCDC2019030
Updated:
12/2/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central A/C
Heating
90 Forced Air

Exterior/Building Features

Lot Size
0.43 acres lot
Sewer
Public Sewer

School Information

School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Other Property Details

Taxes
$115665.00
Tax Frequency
per YEAR
Garage
No
Parking
Paved Parking, Lighted Parking, Unassigned
View
N
County
WASHINGTON
Water Source
Public
Pool
No
Zoning
MU-3A

Courtesy of TTR Sotheby's International Realty, Shalamar Muhammad

Listing Contact:  

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Data last updated 8:18 AM UTC, 12/2/22

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