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505 - 507 Morse Street NE, Washington, DC

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505 - 507 Morse Street NE

Washington, DC 20002 - NE Ind Submarket

Property Type:Industrial Sub Type:Warehouse Status:Existing Year Built:1932
Building Size:5,000 SF Land Area:.07 AC (3,049 SF)
Ceiling Height:- Loading Docks:No Rail:- Power:-
For Sale Price:For Sale Price/SF:-
Cap Rate:-
Zoning:PDR-1 Sprinklers:- Drive Ins:No Cranes:-
Parking:Free Surface spaces

Sale Notes:
Total building size - 4,558 SF Total land area - 2,975 SF Zoned CM-1, but in moderate to medium density of small area plan calling for matter-of-right FAR of 4.0 Millions of square feet of development in the surrounding area, including the Washington Gateway (more details on reverse) Across from NoMA Metro station Florida Avenue Market is one of the major gateways into Washington DC from Maryland via Route 50 (New York Avenue) Month-to-month tenant in place; currently paying $54,000 per year, NNN

NAI Michael
Peter Burleigh
(301) 918-2913

Lance A Schwarz
(301) 918-2938

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