5801 Cleveland AveRiverdale Park, MD 20737

This exceptional redevelopment opportunity encompasses a 42,734 square foot lot at 5801 Cleveland Avenue in Riverdale Park, Maryland (APN 19-2165769). The property, situated at the corner of Madison Street and Route 1 (Baltimore Avenue), offers a prime location with signalized access and a desirable setback. The existing structure, built in 1910, features a total of 186,000 buildable square feet across one three-story building, with a net rentable area of 107,218 square feet. Site plan approval is already in place, streamlining the development process. The project is designed to include 146 units, comprising 41 studios, 79 one-bedroom units, and 26 two-bedroom units, along with 2,762 square feet of retail space. The property is offered fee simple and includes 146 parking spaces. This mixed-use development sits within the vibrant Hyattsville Arts District, directly across from DeMatha Catholic High School, presenting a compelling investment opportunity in a growing submarket. The permitted zoning is LMUTC. This shovel-ready project offers developers a unique chance to capitalize on the area's increasing demand for residential and commercial space.