Description
Two-Lot Development Package in Fairmont Heights!Dont miss this exceptional opportunity to invest in a two-lot package both included at list price at 711 Eastern Avenue and 708 58th Avenue, totaling 27,723 SF (0.64 acres). Both parcels are zoned CGO (Commercial General Office), offering excellent flexibility for a variety of development options. Whether youre considering mixed-use, residential, or affordable housing projects, the current zoning creates a strong foundation for future growth. Buyers are responsible for conducting their own due diligence regarding permitted uses, density, and approvals.Ideally positioned just 0.9 miles from the Deanwood Metro Station (Orange Line) and minutes from I-295, this site provides outstanding connectivity to Washington, D.C., and surrounding areas. Located in a high-demand transit corridor, its a rare chance to bring value and revitalization to an evolving neighborhood.Priced competitively and recently appraised at $430,000 (August 2023), this offering wont last long.Seize the opportunity to shape the future of Fairmont
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Description
Two-Lot Development Package in Fairmont Heights!Dont miss this exceptional opportunity to invest in a two-lot package both included at list price at 711 Eastern Avenue and 708 58th Avenue, totaling 27,723 SF (0.64 acres). Both parcels are zoned CGO (Commercial General Office), offering excellent flexibility for a variety of development options. Whether youre considering mixed-use, residential, or affordable housing projects, the current zoning creates a strong foundation for future growth. Buyers are responsible for conducting their own due diligence regarding permitted uses, density, and approvals.Ideally positioned just 0.9 miles from the Deanwood Metro Station (Orange Line) and minutes from I-295, this site provides outstanding connectivity to Washington, D.C., and surrounding areas. Located in a high-demand transit corridor, its a rare chance to bring value and revitalization to an evolving neighborhood.Priced competitively and recently appraised at $430,000 (August 2023), this offering wont last long.Seize the opportunity to shape the future of Fairmont
©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Dogrul Associates | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-05-17T23:54:14.313.