50K PRICE DROP — the opportunity just got better. Positioned on an almost 5k sf flat lot, 714 32nd Street SE presents a clear redevelopment opportunity. The existing structure is fully boarded, with a collapsed roof, and will require a full rebuild with major structural work. The property is not safe for interior access. It is being offered strictly as-is, and any purchase will be based on exterior observation only. What carries value here is the land and the direction of the surrounding area. The lot offers straightforward build potential, making it a clean slate for redevelopment. It sits just off major corridors including Pennsylvania Avenue SE, Minnesota Avenue, and I-295, providing direct access into Capitol Hill, Downtown DC, BW Parkway and National Harbor. It is also minutes from the RFK Stadium site, which is the focus of redevelopment happening right now of the Washington Commanders Stadium with broad mixed-use retail. Nearby, the Anacostia Waterfront Initiative continues to expand riverfront access, trails, and green space, including improvements around Kingman Island and the Anacostia Riverwalk Trail. Fort Dupont Park, recreation centers, and large stretches of preserved parkland anchor the immediate area, while Hillcrest’s established residential streets sit steps nearby. This is not a cosmetic project. It is a land play in a part of DC where public investment, infrastructure upgrades, and redevelopment activity continue to build with no signs of slowing down.

Listing courtesy of RE/MAX Allegiance



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