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1720-1722 Florida Ave NW 3,821 SF 100% Leased Retail Building Washington, DC 20009 $1,950,000 ($510.34/SF)
Investment Highlights
- Corner location with great amount of natural light
- Beautifully built-out with a fully functional office/retail space, separate 1-br+ den residential unit and two long-term retail tenants
- High pedestrian foot traffic and within walking distance to Dupont Circle, Adams Morgan and the U Street Corridor.
Executive Summary
Boutique mixed-use building in the heart of DC for sale. Asking price is $1,950,000.
The building comes with two long-term retail tenants, both neighborhood staples. The owner/occupier has also expressed interest in leasing back both the second floor space and residential unit, making this a perfect opportunity for an investor looking to buy an income generating asset. Alternatively, the owner will vacate for a new owner/occupier.
The building comes with two long-term retail tenants, both neighborhood staples. The owner/occupier has also expressed interest in leasing back both the second floor space and residential unit, making this a perfect opportunity for an investor looking to buy an income generating asset. Alternatively, the owner will vacate for a new owner/occupier.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
3,821 SF
Building Class
B
Year Built/Renovated
1928/2020
Price
$1,950,000
Price Per SF
$510.34
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.91
Lot Size
0.05 AC
Zoning
RC-2 - Mixed-use zoning allows for a variety of uses, including converting the second floor office/retail to residential and vis versa.
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Eddie Barber Shop
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
- Others Coffee
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Eddie Barber Shop | Retailer | 99,999 SF | - | Lorem Ipsum | - | |
| Others Coffee | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 1,580 SF | Office | - | 30 Days |
2nd Floor
| Size |
| 1,580 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| 30 Days |
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Floor
| Size | 1,580 SF |
| Space Use | Office |
| Position | - |
| Available | 30 Days |
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (82)
Bike Score®
Biker's Paradise (99)
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 0150-0802 | Improvements Assessment | $1,346,870 |
| Land Assessment | $811,300 | Total Assessment | $2,158,170 |
Property Taxes
Parcel Number
0150-0802
Land Assessment
$811,300
Improvements Assessment
$1,346,870
Total Assessment
$2,158,170
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1720-1722 Florida Ave NW
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