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505 Florida Ave NW 2,072 SF Retail Building Washington, DC 20001 $1,160,775 CAD ($560.22 CAD/SF) 6.30% Cap Rate
Executive Summary
OPPORTUNITY IS KNOCKING! with flexible zoning the possibilities are numerous.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,072 SF
Building Class
C
Year Built
1900
Price
$1,160,775 CAD
Price Per SF
$560.22 CAD
Cap Rate
6.30%
NOI
$73,129 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
1.59
Lot Size
0.03 AC
Opportunity Zone
Yes
Zoning
MU-4
Parking
2 Spaces (0.97 Spaces per 1,000 SF Leased)
Frontage
15’ on Florida Ave NW
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Former tattoo parlor. Brand new floors! $4,100 NNN a month.
Former tattoo parlor. Brand new floors! $4,100 NNN a month.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,036 SF | Retail | In-Line | Now |
| 2nd Floor | 1,036 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 1,036 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2nd Floor
| Size |
| 1,036 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 1,036 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Former tattoo parlor. Brand new floors! $4,100 NNN a month.
2nd Floor
| Size | 1,036 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Former tattoo parlor. Brand new floors! $4,100 NNN a month.
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3093-0802 | Improvements Assessment | $498,261 CAD |
| Land Assessment | $703,445 CAD | Total Assessment | $1,201,707 CAD |
Property Taxes
Parcel Number
3093-0802
Land Assessment
$703,445 CAD
Improvements Assessment
$498,261 CAD
Total Assessment
$1,201,707 CAD
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505 Florida Ave NW
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