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1716 Rhode Island AveWashington, DC 20018

0.17-Acre Lot, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.17-acre commercial land parcel presents a unique investment opportunity in Washington, DC's vibrant Brookland neighborhood. Situated at 1716 Rhode Island Ave NE, this property boasts a highly visible location on a heavily trafficked thoroughfare, ideal for businesses seeking maximum exposure. The lot is conveniently located in the Brookland submarket, known for its charming atmosphere, historic sites, and proximity to the Catholic University of America and the Basilica of the National Shrine of the Immaculate Conception. The property includes an existing 878 square foot freestanding retail building, offering potential for immediate use or redevelopment. Its paved and fenced layout provides a secure and easily adaptable space for a variety of outdoor business concepts, such as a beer garden or similar ventures. Excellent transportation options are readily available, with the Brookland-CUA Metro Station and major roadways like Michigan Avenue and Rhode Island Avenue providing easy access to downtown DC and beyond. The surrounding area features a mix of residential and commercial properties, including the Monroe Street Market, offering a diverse range of amenities and attracting a substantial customer base. This property offers a rare chance to establish a thriving business in a sought-after location within the District of Columbia. The single-tenant zoning allows for focused development and streamlined operations. This is an exceptional opportunity to capitalize on the growing popularity and strong economic activity of the Brookland area.

Highlights

  • Freestanding retail building on a sizable lot.
  • High visibility from Rhode Island Ave NE.
  • High traffic count of 23,891 vehicles per day on Rhode Island Ave NE.
  • Located in a rapidly developing area.
  • Excellent site for businesses utilizing outdoor space.

Property Details for 1716 Rhode Island Ave

Property type
Land
RSF (Rentable sq. ft)
1 SF

Unit(s) available at that property

Space
0.17 AC Lot for Lease
Size
0 SF

Location Insight

City
Washington
County
District of Columbia
State
District of Columbia
Latitude
38.9275077
Longitude
-76.9800642
1716 Rhode Island Ave, Washington, District of Columbia

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1716 Rhode Island Ave
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