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1720-1722 Florida Ave NW 3,821 sq ft 100% Let Retail Property Washington, DC 20009 £1,476,937 (£386.53/sq ft)
Investment Highlights
- Corner location with great amount of natural light
- Beautifully built-out with a fully functional office/retail space, separate 1-br+ den residential unit and two long-term retail tenants
- High pedestrian foot traffic and within walking distance to Dupont Circle, Adams Morgan and the U Street Corridor.
Executive Summary
Boutique mixed-use building in the heart of DC for sale. Asking price is $1,950,000.
The building comes with two long-term retail tenants, both neighborhood staples. The owner/occupier has also expressed interest in leasing back both the second floor space and residential unit, making this a perfect opportunity for an investor looking to buy an income generating asset. Alternatively, the owner will vacate for a new owner/occupier.
The building comes with two long-term retail tenants, both neighborhood staples. The owner/occupier has also expressed interest in leasing back both the second floor space and residential unit, making this a perfect opportunity for an investor looking to buy an income generating asset. Alternatively, the owner will vacate for a new owner/occupier.
Property Facts
Sale Type
Investment or Owner Occupier
Sale Conditions
Property Type
Property Size
3,821 sq ft
Costar Property Class
B
Year Built/Renovated
1928/2020
Price
£1,476,937
Price per sq ft
£386.53
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.91
Total Plot Size
0.05 ac
Use Class
RC-2 - Mixed-use zoning allows for a variety of uses, including converting the second floor office/retail to residential and vis versa.
Major Tenants Click Here to Access
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease Type
- Lease End
- Eddie Barber Shop
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
- Others Coffee
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease Type | Lease End | |
| Eddie Barber Shop | Retailer | 99,999 SF | - | Lorem Ipsum | - | |
| Others Coffee | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 2nd Floor | 1,580 sq ft | Office | - | 30 Days |
2nd Floor
| Size |
| 1,580 sq ft |
| Space Use |
| Office |
| Position |
| - |
| Available |
| 30 Days |
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2nd Floor
| Size | 1,580 sq ft |
| Space Use | Office |
| Position | - |
| Available | 30 Days |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Nearby Major Retailers
![[solidcore]](https://images.loopnet.fr/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 0150-0802 | Improvements Assessment | £1,020,124 |
| Land Assessment | £614,482 | Total Assessment | £1,634,606 |
Property Taxes
Parcel Number
0150-0802
Land Assessment
£614,482
Improvements Assessment
£1,020,124
Total Assessment
£1,634,606
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1720-1722 Florida Ave NW
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