1200 Bladensburg Rd NE
Washington, DC 20002

The Feldman Group of Marcus & Millichap is pleased to present the exclusive offering of 1200-1212 Bladensburg Road NE, a 10,540-square foot parcel at the corner of Bladensburg Road NE and Meigs Place NE. With the current MU-4 zoning, the site can yield 35,836 developable square feet if a buyer utilizes the available inclusionary zoning and penthouse bonus. 1200-1212 Bladensburg Road is located in very close proximity to the Starburst Intersection, where H Street NE, Benning Road NE, Maryland Avenue NE, Florida Avenue NE, and Bladensburg Road NE all intersect. The subject property is easily accessible via multiple modes of public transportation including a bus stop directly in front the property, and a D.C. Streetcar route a few blocks from the property that runs directly to the Union Station Metro Station. 1200-1212 Bladensburg Road NE is currently leased by Hamel Commercial, Inc until February 28th, 2019, with an option to extend for an additional six months. This timeline would complement the development process as it would provide income for a developer as they secure entitlements in preparation to break ground on the site. Located in the Trinidad neighborhood of northeast Washington, D.C., 1200-1212 Bladensburg Road NE is very much in the path of current and future development, thanks to the neighborhood's proximity to both emerging corridors and upcoming residential and mixed-use projects. While H Street NE has continued to establish itself as a major commercial corridor in the District of Columbia, development has pushed east into the Starburst Intersection and the connecting corridors. With the success of projects like 1401 Florida Avenue NE, a 28-unit condominium development, and the Flats at Atlas, a 257-unit luxury apartment development, momentum is building quickly in the area. 1200-1212 Bladensburg Road NE represents an opportunity for a developer to enter the market at a reasonable price point, before many of the planned developments in the submarket are completed or break ground.