1121 Florida Ave NE | Washington, DC 20002
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1121 Florida Ave NE
Washington, DC 20002
Retail Property For Sale
Investment Highlights
- IDEAL OWNER-USER OPPORTUNITY
- SURROUNDED BY AMENITIES
- ACCESS TO TRANSIT & INTERSTATE
- CORNER LOCATION WITH HIGH VISIBILITY
- STRONG DEMOGRAPHICS
Executive Summary
Feldman Ruel Urban Property Advisors is pleased to offer for sale 1121 Florida Avenue NE, a three-level commercial property that will be delivered 100% vacant at closing. The property, which is currently owned and operated by a dry goods retailer, is located within walking distance of Union Market and the H Street Corridor. The corner location and public sidewalk space along K Street NE can be utilized by a future occupant as outdoor patio space in order to increase seating capacity for a restaurant or similar use.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,500 SF
Building Class
C
Year Built
1938
Price
£792,079
Price Per SF
£317
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
3
Building FAR
2.87
Lot Size
0.02 AC
Zoning
MU-4
Parking
10 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signalised Intersection
PROPERTY TAXES
| Parcel Number | 0980N-0801 | Improvements Assessment | £147,232 |
| Land Assessment | £161,164 | Total Assessment | £308,396 |
PROPERTY TAXES
Parcel Number
0980N-0801
Land Assessment
£161,164
Improvements Assessment
£147,232
Total Assessment
£308,396
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