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505 Florida Ave NW
Washington, DC 20001
Retail Property For Sale
Investment Highlights
- • Owner-User Optionality | Delivered Vacant at Closing
- • Less than 1,000 Feet from the Shaw-Howard University Metro Station (Green Line)
- • Developing Area | 1,675 Multifamily Units Proposed or Under Construction Nearby
- • MU-4 Zoning Allows for Additional Density & Various Uses Including Retail, Office, & Residential
- • Located in an Opportunity Zone which Offers Tax Incentives for Investment & Development
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,072 SF
Building Class
C
Year Built
1900
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.59
Lot Size
0.03 AC
Zoning
MU-4
Parking
2 Spaces (0.97 Spaces per 1,000 SF Leased)
Frontage
15’ on Florida Ave NW
Property Taxes
| Parcel Number | 3093-0802 | Improvements Assessment | $354,930 |
| Land Assessment | $501,090 | Total Assessment | $856,020 |
Property Taxes
Parcel Number
3093-0802
Land Assessment
$501,090
Improvements Assessment
$354,930
Total Assessment
$856,020
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