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505 Florida Ave NW

2,072 SF Vacant Retail Building Washington, DC 20001 £743,328 (£359/SF)

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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

Executive Summary

Feldman Ruel is pleased to offer for sale 505 Florida Avenue NW, a three-level property located in the Ledroit Park neighborhood of Washington, D.C. The subject property is within walking distance of the Shaw-Howard University Metro station and Howard University. Additionally, 505 Florida Avenue NW will be delivered 100% vacant. The occupancy, location, and flexible MU-4 zoning allows for numerous uses, making the subject property an excellent option for users and investors alike.