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Property profile & analytics

37 Florida Ave Washington, DC 20002

  • Retail properties
  • 1,950 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 37 Florida Ave

Year built
1905
Property size
1,950 SF
Property type
Retail properties
Property subtype
Office Properties & Spaces

Description

This well-maintained, three-story office building in Washington, DC's Truxton Circle neighborhood offers 1,950 square feet of rentable space. Built in 1905, the property sits on an 827 square foot lot and boasts flexible D-5 zoning, allowing for diverse uses including retail and multifamily development. Previously used as a law office, it's delivered vacant at closing, presenting an owner-user opportunity. Its convenient location is just 0.4 miles from Union Market and the NoMa-Gallaudet Metro Station (Red Line), and benefits from significant nearby multifamily development. The building's 1905 construction adds character, while the zoning potential unlocks significant future value. This is a unique opportunity to acquire a versatile property in a rapidly developing area of Washington, DC. The property includes one unit across three stories, and the address is 37 Florida Ave NE, Washington, DC 20002. The asking price is $999,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Washington
County
District Of Columbia
State
DC
Longitude
-77.0075
Latitude
38.9101
More about this property
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