WASHINGTON, DC–The US General Services Administration is holding a fee simple online auction sale of 49 L Street SE, a 0.68 acre site flanked by L Street SE to the north, Cushing Place SE on the east, and Half Street SE to the west.
Significantly, the property is located 1 block from Nationals Park and the Navy Yard-Ballpark Metro Station — an area that needless to say has experienced significant commercial and residential activity.
More information will be provided on Thursday, September 28th during an event held at GSA's regional office building at 10 am. The building's address is 301 7th St., SW.
The site will be open for inspection on September 21th and 28th and October 3rd, 5th, 12th and 26th from 1pm to 3pm.
The site is is .68 acres and has D-5 zoning, for high-density development of commercial and mixed uses.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
