1012 Florida Ave NE - Office FOR SALE


Washington, DC 20002- Trinidad
$799,900 USD
202-270-8239
1012 Florida Ave NE, Washington, DC for Sale
$799,900 USD
Office - FOR SALE
1/22
null | Request Cap Rate

1012 Florida Ave NE
Washington, DC 20002
Trinidad


HIGHLIGHTS

  • Semi-detached brick building with existing office and residential configuration.
  • Large buildable lot offers significant future development potential.
  • Front and side entrances provide flexible access options.
  • Zoning allows for additional height and expanded building area.
  • On-site parking accommodates approximately 3 to 6 vehicles.
  • Walkable location near Union Market and Lincoln Park.

OVERVIEW

OUTSTANDING OPPORTUNITY AWAITS! Handsome brick semi-detached building sits on the sunny side, with a HUGE BUILDABLE LOT! Currently configured as two office unit flats (1 up + 1 down), with front and side entrances. Most recently, office on the ground and 1BR apartment above. FUTURE OPTIONS ABOUND: Pounce on a well-placed perch for your business HQ and/or in-town apartment - walk to Union Market or Lincoln Park! OR EXPAND: Development standards allow at least 50 feet of height (2 more storeys) and more than 5000 gross square feet of space, PLUS easy parking for 3-6 vehicles! Glance right - 4 doors down at 1020 Florida - same sized lot with maximum development of 10 luxury residences! Let your imagination run wild, and Call listing agent Joel with any questions whatsoever!

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$539 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

MU-4

APN/PARCEL ID

4070-0028

ASK ABOUT THIS PROPERTY

Joel NelsonKW Capital PropertiesMore Info
202-270-8239

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Joel NelsonKW Capital PropertiesMore Info
202-270-8239

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.