For Sale
Call for price

1720 New York AveWashington, DC 20002

0.51-acre commercial lot, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 0.51-acre commercial land parcel presents a unique investment opportunity in Washington, D.C.'s vibrant New York Avenue corridor. Located at the highly visible traffic circle where New York Avenue, Montana Avenue, and West Virginia Avenue converge, this property boasts unparalleled exposure to a substantial daily traffic volume of 71,200 vehicles. Directly across from Douglas Development's New City DC mixed-use project, the site benefits from the synergy of a thriving, dynamic neighborhood. The property is zoned PDR-2 and 4, offering considerable flexibility for a range of commercial uses, including industrial, retail, and office spaces. A drive-thru option is permissible with the appropriate site plan approval. This prime location offers the potential for both short-term and long-term ground lease arrangements, providing adaptable options for investors seeking diverse development strategies. The address is 1720 New York Ave NE, Washington, DC 20002, within the District of Columbia. This is a rare opportunity to acquire a highly visible and versatile commercial lot in a rapidly developing area of the nation's capital.

Highlights

  • High-visibility corner lot at signalized intersection on New York Avenue (71,200 VPD).
  • Drive-thru development possible with site plan approval.
  • Ground lease options available, short-term or long-term.
  • Zoned PDR-2 and PDR-4, allowing diverse uses including industrial, retail, and office.

Property Details for 1720 New York Ave

Property type
Land
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Washington
County
District of Columbia
State
District of Columbia
Latitude
38.9176734
Longitude
-76.9784966
1720 New York Ave, Washington, District of Columbia

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1720 New York Ave
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