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Listed by Jane Huelle • EXP Realty, LLC
$825,000
Est. payment /mo
1,307 Sqft Lot
New
505 FLORIDA AVE NW Washington, DC 20001
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Ledroit Park
MLS Listing ID DCDC2255256
Year Built 1900
Annual Tax Amount $7,276
Tax Year 2025
Lot Size 1,307 Sqft
Acres 0.03
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Discover a prime investment opportunity in the vibrant urban enclave of Ledroit Park. With its mixed use zoning conversion to apartments or split apartment/professional uses you have so many options. With a lot size of 0.03 acres, it offers a manageable footprint for various business ventures or redevelopment possibilities. Strategically located less than a mile from both bus and metro stations, this property guarantees excellent accessibility, attracting foot traffic and potential clientele. The urban setting is ripe for growth, making it an ideal choice for savvy investors looking to capitalize on the area's increasing demand. Parking is a breeze with on-street options and private, paved spaces available, enhancing convenience for both customers and employees. The fenced parking area adds an extra layer of security, making this property not just a purchase, but a smart investment in your financial future. Seize this chance to be part of a thriving community and watch your investment flourish!
Location
State DC
County Washington
Zoning MU-4
Interior
Hot Water Other
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3093//0802
Ownership Fee Simple
Special Listing Condition Standard
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