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4311 16th St NW
Washington, DC 20011
4311 & 4335 16th Street NW · Land For Sale
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0.74 AC
INVESTMENT HIGHLIGHTS
- Prime Northwest DC Location
- Exceptional Redevelopment Opportunity
- Prominent Corner Lot
- Flexible Sale-Leaseback Option
EXECUTIVE SUMMARY
Nestled in one of Washington, DC’s most distinguished neighborhoods, this property is located along the iconic 16th Street NW, celebrated as a hub of cultural significance and architectural grandeur. Known as "Embassy Row South," this corridor is home to distinguished embassies, historic churches, and luxury residential developments, making it one of the city’s most desirable locations.
The offering features two stately buildings with a combined gross area of approximately 19,000 square feet, positioned on an expansive 0.74-acre corner lot. Boasting exceptional visibility and accessibility, this property is ideally suited for residential or mixed-use redevelopment, offering boundless potential to create a transformative project.
Adding to its appeal, a short-term leaseback option is available, ensuring a smooth and flexible transition for redevelopment planning and execution.
This is a rare investment opportunity to acquire and reimagine a landmark property in a prestigious location, perfectly poised for visionary redevelopment.
PROPERTY FACTS Under Contract
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Total Lot Size | 0.74 AC | |
| No. Lots | 1 | No. Stories | 2 |
| Property Type | Land | ||
| Zoning | R1B | ||
| Sale Type | Investment or Owner User |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.74 AC |
| No. Stories | 2 |
| Zoning | R1B |
1 LOT AVAILABLE
Lot 1
| Lot Size | 0.74 AC |
| Lot Size | 0.74 AC |
DESCRIPTION
INVESTMENT HIGHLIGHTS Prime Northwest DC Location: Positioned on the iconic 16th Street NW, often referred to as "The Presidents Avenue" and the "Embassy Row," a distinguished corridor rich in history and prestige. Prominent Corner Lot: A generous 0.74-acre property strategically located at the intersection of 16th Street NW and Webster Street NW, offering unparalleled visibility, accessibility, and development. Exceptional Redevelopment Opportunity: An ideal site for residential or mixed-use redevelopment, with the capacity to elevate the neighborhood's character and provide significant long-term value. Flexible Sale-Leaseback Option: A short-term leaseback arrangement is available, enabling a smooth transition and providing flexibility for redevelopment planning and execution.
PROPERTY TAXES
| Parcel Number | 2698-0044 | Improvements Assessment | $5,632,650 CAD |
| Land Assessment | $2,151,827 CAD | Total Assessment | $7,784,477 CAD |
PROPERTY TAXES
