$20,000,000

700 Monroe St Ne, Washington, DC, 20017

27,548

Square feet

0.43

Acres

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.

Facts & Features

MLS® # DCDC2019030
Price $20,000,000
Bathrooms 0.00
Square Footage 27,548
Acres 0.43
Year Built 1981
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 700 Monroe St Ne
Subdivision BROOKLAND
City Washington
County WASHINGTON-DC
State DC
Zip Code 20017

Amenities

Parking Unassigned, Lighted Parking, Paved Parking
Is Waterfront No

Interior

Heating 90% Forced Air
Cooling Central A/C
Has Basement No
Fireplace No

Exterior

Exterior Brick and Siding

School Information

District DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

Date Listed October 30th, 2021
Days on Market 161
Zoning MU-3A
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTTR Sotheby's International Realty

Listing Map

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