2027 RHODE ISLAND AVE NE Washington DC 20018

2027 Rhode Island Avenue is zoned MU-4 and has plans for over 32,000-square-feet of residential units, with a total buildable area of 43,000-square-feet. Plans include 43 units and two retail spaces spanning five stories, in addition to a cellar and penthouse. This opportunity comes at a unique time in the development of Northeast D.C., where residential and retail projects coupled with public revitalization initiatives are quickly transforming the Rhode Island Avenue corridor. The well-located parcel sits in close proximity to local and national food and drink venues and offers future residents easy access to shopping, food, and entertainment. It received a Walkscore.com grade of “Very Walkable” and will have no trouble attracting tenants. 

This is an opportunity for an investor to take advantage of the massive influx of capital and publicity that the Rhode Island Avenue corridor is experiencing. It is ideal for construction of condominium or apartment buildings. Upon completion, the neighborhood reputation will contribute to a quick and easy lease-up or sales process.

• Fully Entitled for Development of 43 Apartment Units Plus Two Retail
• Total Buildable SF 43,000
• Prime Location on Rhode Island Avenue
• Graded "Very Walkable" on Walkscore.com