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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:CM1 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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