1140 Florida Ave Ne, Washington, DC 20002

$1,550,000
List Price
$1,550,000
Days on Market
48
Status
ACTIVE
MLS#
DCDC2144900
Lot Size (Acres)
0.06
Year Built
1910
County
Washington DC
School District
District Of Columbia Public Schools

Property Description

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.

Additional Information

Foreclosure
Yes
Taxes
$19020.71
School District
District Of Columbia Public Schools
Heating
None
Heating Fuel
None
Cooling
None
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Peter G. Mallios. Contact: 301-674-0172