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Executive Summary

Retail, Office, Condos, Hotel, Multi-Family and others are all possibilities here.
Ownership will consider many different opportunities at this last corner available on the Purple Line in Chevy Chase.

Property Facts Under Contract

Price $12,397,501 CAD
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Bank
  • Healthcare
  • Hotel
  • Medical
  • Storefront, Retail or Residential
Total Lot Size 1.00 AC
No. Stories 1
Cross Streets Chevy Chase Lake Drive
Zoning CRT2. - Property is part of the Chevy Chase Sector Plan

1 Lot Available

Lot

Price $12,397,501 CAD
Price Per AC $12,397,500.51 CAD
Lot Size 1.00 AC

SWC of Connecticut and Chevy Chase Lake Drive. On the new Purple Line. Zoned for a building up to 70 feet high. Property has been in the same family since 1958. FAR allows up to approximately 120,000 sf of development.

Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 07-02869757
  • 07-00426860
Land Assessment
$2,880,417 CAD
Improvements Assessment
$719,141 CAD
Total Assessment
$3,599,558 CAD
  • Listing ID: 32095471

  • Date on Market: 2024-06-11

  • Last Updated:

  • Address: 8402 Connecticut Avenue, Chevy Chase, MD 20815

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