700 Monroe STREET NE

Washington, DC, 20017

$16,000,000

$829 per ft²
$16,000,000
$829 per ft²
Pending
Pending
 - 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:
11/29/23
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Interior Features

Total Bedrooms
0
Total Bathrooms
0
Interior Features
Elevator
Cooling
Central Air
Heating
Forced Air, Natural Gas

Exterior/Building Features

Lot Size
0.43 acres lot
Sewer
Public Sewer

Other Property Details

Taxes
$115665
Tax Frequency
per YEAR
Garage
No
Parking
On Street
Parking Total
27.0
View
N
County
WASHINGTON
Water Source
Public
Pool
No
Zoning
The MU-3A and MU-3B Zones are mixed-use zones intended to be applied throughout the city consistent with the density designation
Sub Agency Compensation
0
Buyer Agency Compensation
1

Listed by Shalamar Muhammad with TTR Sotheby's International Realty
Listing Contact: 3012131348 

The IDX display contains information sourced from the Bright MLS, Inc. as of 11/29/23. 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.

©2023 Bright MLS, Inc. all rights reserved.

Data last updated on 11/29/23 at 6:21 PM UTC

By providing your contact information, you acknowledge and agree to ourPrivacy Policyand consent to receiving marketing communications, including through automated calls, texts, and emails, some of which may use artificial or prerecorded voices. This consent isn’t necessary for purchasing any products or services and you may opt out at any time. To opt out from texts, you can reply, ‘stop’ at any time. To opt out from emails, you can click on the unsubscribe link in the emails. Message and data rates may apply.
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