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Will Alfaro

will@propertypeoplegroup.com +1(973) 219-5434

Listed by Jane Huelle • EXP Realty, LLC

$ 825,000

Est. payment -/mo

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Active

505 FLORIDA AVE NW Washington, DC 20001

1,307 Sqft Lot

UPDATED:

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

Virtual Tour https://my.matterport.com/show/?m=U42dbnLZrNe&mls=1

Will Alfaro

Broker Associate, CEO and Founder of The Property People | License ID: REC# 0454178

+1(973) 219-5434

Will Alfaro

505 FLORIDA AVE NW Washington, DC 20001

Key Details

Location

Interior

Exterior

Building

Schools

Others

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505 FLORIDA AVE NW