Sunday, February 19, 2017

Sherwin-Williams property sold in downtown Bethesda (Photos)

Big real estate news in Bethesda's Woodmont Triangle neighborhood: The Sherwin-Williams paint store property at 4809 Auburn Avenue has been sold. The buyer? An LLC affiliated with the Donohoe Companies, Inc.
The building is directly across
Auburn Avenue from another
Donohoe property, the
Gallery Bethesda apartments (R)
What's intriguing about that is Donohoe has already built the Gallery Bethesda apartment tower across Auburn Avenue from the paint store site, and is now beginning construction on its companion tower, The Rugby. Its "Woodmont Central" development could now add a fourth building (a third building was already in their plans for the Sunoco site at Wisconsin Avenue and Battery Lane) directly adjacent to the first two. The only limitations I can think of are the triangular shape of the property, and its dimensions, 6297 SF.
View from Rugby Avenue
According to real estate records, the sale closed on January 25, and "4809 Auburn Avenue, LLC" paid $12,000,000 for the property. If they were to put up a luxury condo building with $1 million+ prices per unit, that could indeed be a very profitable acquisition for them.

In the draft Bethesda Downtown Plan, the site has a 110' height where the actual building is, and then a step-down to 90' on the parking lot area of the property. So if one of our resident real estate experts can do the math, to figure out how many luxury condo-size units they could get on this site: 6297 SF, 90-110' height = ???

12 comments:

  1. Anonymous5:27 AM

    They should really start to bury those wires underground if they are building all these luxury apartments and condos there.

    ReplyDelete
  2. Anonymous7:32 PM

    That building has been out of place for a while. The layout and parking setup is like in suburbia, not for downtown Bethesda.

    ReplyDelete
  3. Anonymous8:53 PM

    Who knew that Connecticut Avenue Estates was such a controversial topic?

    ReplyDelete
  4. Anonymous8:00 AM

    And who would have thought asking what places people like in the county was so objectionable?

    ReplyDelete
  5. Anonymous8:01 AM

    You could have deleted the racist rant. But I guess deleting the post noting it was still there was more important than actually deleting an offensive post.

    ReplyDelete
  6. Anonymous10:13 AM

    5:27 - #LiveWiresMatter

    ReplyDelete
  7. 8:01: There is no "racist rant" - what are you talking about?

    ReplyDelete
  8. Anonymous7:02 AM

    Why are you afraid of the truth?

    ReplyDelete
  9. Anonymous7:12 AM

    We're up to I believe SIX times you have deleted my answer to a question you asked me.

    The one looking bad here is you

    ReplyDelete
  10. Anonymous5:26 AM

    This is #8

    You keep deleting my answer to the question you asked me.

    The racist post was at 4:26 on the previous route 33 thread. You finally got

    around to deleting it after people (including me) wondered why you'd close a

    thread without deleting the offensive post.

    I posted here that it was offensive. I questioned why you would close the thread

    and leave the offensive post displayed.

    You deleted my post. The offensive post remained.

    Then I posted my questions again. Which you deleted.

    Another post with the question. Then you deleted the offensive post.

    And deleted my repost.
    That's the truth..

    We're up to I believe EIGHT times you have deleted my answer to a question

    you

    asked me.

    The one looking bad here is you

    ReplyDelete
  11. Anonymous5:35 AM

    He's good on neighborhood issues. But he's thin-skinned and vindictive. And never apologizes or admits he was mistaken.

    Funny that not only are you against someone being offended by the vile language, but enjoying taunting them. That's low.

    ReplyDelete
  12. Anonymous7:29 PM

    4-5 units per floor, if 6,200sf lot is accurate, assume some open space allottment and then about 85% usable sf for units, so at 90ft, that's about 9 stories, with the extra being amenity and mech ph, so 36-45 units?

    ReplyDelete