For Sale
$6,750,000

4422 Connecticut Ave Washington, DC 20008

Prime DC location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity encompasses two parcels totaling 19,670 square feet in Washington, D.C.'s vibrant Van Ness neighborhood. The main parcel, 4422 Connecticut Avenue NW, features a 10,570-square-foot lot zoned MU-7B, allowing for a substantial mixed-use/multifamily development with a floor area ratio (FAR) of almost 55,000 square feet. The existing 5,004-square-foot building, previously a Burger King, presents a unique redevelopment opportunity. A second parcel, 4430 Connecticut Avenue NW, adds 9,100 square feet zoned R-1B, currently providing 15 striped parking spaces. This prime location is less than three blocks from the Van Ness-UDC Metro station and boasts convenient access to amenities including Giant Food, CVS, Gold's Gym, and numerous restaurants. The property's vacant status allows for immediate development, capitalizing on the strong condominium market with area sales exceeding $900 per square foot. The asking price for this combined property is $6,750,000. The property's APN numbers are 1971-0000-0029 and 1971-0000-0822.

Highlights

  • Iconic Upper Northwest development site, formerly a Burger King.
  • 10,570 SF lot, MU-7B zoning, 5.2 FAR with inclusionary zoning and penthouse bonuses.
  • 9,100 SF rear lot, R1-B zoning, currently provides 15 parking spaces.
  • Strong condo market, area sales exceeding $900/SF.
  • Amenity-rich neighborhood with Giant Food, CVS, Gold's Gym, and restaurants.
  • Transit-oriented location near Van Ness-UDC Metro and Capital Bikeshare.

Property Details for 4422 Connecticut Ave

Property type
Mixed-use properties, Apartment buildings
Square Feet
54,964 SF

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.947471458395
Longitude
-77.065516528171

FAQs

What type of property is this?
Mixed-use property - Prime DC location, redevelopment opportunity.
Where is the mixed-use property located?
The property is located at 4422 Connecticut Ave Washington, DC.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Iconic Upper Northwest development site, formerly a Burger King.; 10,570 SF lot, MU-7B zoning, 5.2 FAR with inclusionary zoning and penthouse bonuses.; 9,100 SF rear lot, R1-B zoning, currently provides 15 parking spaces.
How can I contact the broker?
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4422 Connecticut Ave
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