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Mixed-Use Property with Commercial Kitchen
For Sale
Contact for pricing
Pending

515 Florida Ave NW, Washington, DC 20001

MU-4 zoning supports restaurant operations, retail use, and potential condominium redevelopment.

Property SizeContact for details
Days on Market145

Property Features for 515 Florida Ave NW

General Information

Standard status Pending
Property subtype Retail, Mixed Use
Zoning MU-4

Units

Unit Mix 1 x studio
Multifamily Units 1

Additional Details

Public Transit Yes

Building Details

Buildings 1
Construction Victorian
Listing Agency: BUYSELLDC
Listed By: Gulnaz Abdullina · License #IB98374140
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BUYSELLDC

Investment Insights

Based on property information with market context.

Located at 515 Florida Ave NW, this Victorian building is arranged for restaurant use across its first two levels. The property includes an operating commercial kitchen, while the upper level contains a large studio apartment, creating a configuration that combines commercial and residential space.

MU-4 zoning provides flexibility for continued mixed-use occupancy, restaurant use, retail, or redevelopment into condominiums. The building sits on Florida Ave in Shaw, one block from the Howard Theater and the Green Line Metro. It was previously occupied by Thai X-ing, a restaurant identified in the property history.

Key Highlights

  • Victorian mixed‑use building at 515 Florida Ave NW
  • Restaurant layout spans the first 2 levels
  • Working commercial kitchen included

Property Analytics

Current Use

Buddies Spa for Men Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Furniture & Home Goods Building Supply Butcher Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,820
Businesses Nearby
80k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Groceries 34% Dining 9%
Giant Groceries
27,501 visits/mo 0.4 miles
Marathon Shops & Services
11,525 visits/mo 0.1 miles
7-Eleven Shops & Services
10,883 visits/mo 0.3 miles
Exxon Shops & Services
7,464 visits/mo 0.1 miles
Mobil Shops & Services
5,824 visits/mo 0.1 miles

Demographics for 20001, DC

49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value

Market

Vacancy Rate% for Retail in Washington, DC

4.9% 2019
5.4% 2020
5.6% 2021
4.8% 2022
4.6% 2023
4.2% 2024
4.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - MU-4 zoning supports restaurant operations, retail use, and potential condominium redevelopment.
Where is this mixed-use property located?
The property is located at 515 Florida Ave NW Washington, DC.
What are key features of this property?
This property features: Victorian mixed‑use building at 515 Florida Ave NW; Restaurant layout spans the first 2 levels; Working commercial kitchen included
(305) 947-0477 Call to check price and availability
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