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
$1,422,130 CAD
Price Per SF
$569 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.87
Lot Size
0.02 AC
Zoning
MU-4
Parking
10 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 0980N-0801 | Improvements Assessment | $262,072 CAD |
| Land Assessment | $286,872 CAD | Total Assessment | $548,945 CAD |
PROPERTY TAXES
Parcel Number
0980N-0801
Land Assessment
$286,872 CAD
Improvements Assessment
$262,072 CAD
Total Assessment
$548,945 CAD
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