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1140 Florida Avenue NeWashington, DC 20002MLS Number DCDC2144900

  • Price: $1,550,000
  • 12 Days on Market
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
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1140 Florida Avenue Ne Washington DC 200021140 Florida Avenue Ne Washington DC 200021140 Florida Avenue Ne Washington DC 200021140 Florida Avenue Ne Washington DC 20002
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  • 0.06Acreage
  • 1910Year Built
  • 370Price Per Square Foot
  • 2025Assessment Year
1140 Florida Avenue, NE is a commercially zoned property located at the corner of Florida and Montello Avenues, in NE Washington, DC. Zoned MU-4, the property has an existing 2 level plus basement building that previously housed a liquor store. The property has been very tastefully designed as a 10-unit mixed-use building that features modern design and maximizes the site's development potential. Plans call for 1 retail unit, & 9 multi-family units. All approvals have been received, and the property will be delivered “shovel ready”, ie. with fully approved architectural plans and a Building Permit. The property was designed as condominiums, with multi-level units & Penthouse, but can just as easily serve as rental. It's MU-4 zoning allows multiple uses, including “Transient Housing” (ie, short term rental). The property is very conveniently located a couple blocks east of Gallaudet University, 6 blocks from Union Market, 1 mile to Metro, 1.5 blocks north of H Street and its attractions and is very close to Capitol Hill. Acquisition & construction financing is available to qualified purchasers. Inquire for more details. 1140 Florida Avenue, NE is uniquely located on the corner of two Avenues, not only providing excellent light & air to the units, but tremendous visibility for this exciting little project! Let's get to work! Deliver Spring 2025. All plans and info available upon request.
Listed by Peter G Mallios, Peter G. Mallios

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Yeonas & Shafran Real Estate, LLC
Yeonas & Shafran Real Estate, LLC
Office: 703-790-3330
1309 Vincent Pl
McLean, VA 22101

More Info

Location Information

  • UsmAreaWashington

Parking

  • Parking TypesDriveway

Basic Information

  • Date Listed06/04/2024

Location

  • Address1140 Florida Avenue Ne
  • Building Number1140
  • CountyWashington
  • DirectionsFrom Union Market, about 6 blocks east. 1.5 blocks north of 12th & H Streets
  • In City Limits YNYes
  • StateDC
  • TownWashington
  • Zip20002

Amenities

  • Accessibility AmenitiesLevel Entry - Main
  • Other AmenitiesBasement

Other

  • Soil TypesUnknown

Basic Information

  • Broker NamePeter G. Mallios
  • List Price$1,550,000
  • MLS NumberDCDC2144900
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot370
  • StatusACT

Property

  • Acreage0.06
  • Business TypeApartment Building, Convenience Store/Gas, Hotel/Motel, Other/General Retail
  • Lot DescriptionCorner
  • Lot Dimensions SourceEstimated
  • Lot Size Dimensions25 x 100
  • Lot Size SourceEstimated
  • Lot Size Square Feet2,500
  • New Construction YNN
  • Property SubTypeFive Or More Units
  • ZoningMU-4
  • Zoning DescriptionMU-4 is attractive, mixed-use zoning allowing for medium density and a wide variety of uses.

Tax Information

  • Assessment Year2025
  • Tax Assessment Amount$1,152,770
  • Tax Year2025
  • Taxes$19,020
  • Total Taxes Payment FrequencyAnnually

Building

  • Building Area SourceEstimated
  • Building Area Total4190
  • Construction MaterialsBrick
  • Total Garage And Parking Spaces1
  • Year Built1910

Utilities

  • CoolingNone
  • Heat SystemNone
  • SewerPublic Sewer
  • Water SourcePublic

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Copyright 2024 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Yeonas & Shafran Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 16, 2024. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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