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Ledroit Park Mixed-Use Investment
For Sale
$825,000

505 FLORIDA Ave NW, Washington, DC 20001

Mixed-use property in Ledroit Park, convenient access to transportation.

Property SizeContact for details
Lot Size0.03 Acres
Days on Market117

Property Features for 505 FLORIDA Ave NW

General Information

Standard status Active
Lot size 0.03 Acres
Property subtype Commercial

Building Details

Year Built 1900
Listing Agency:
Listed By: Jane Ann Huelle
Source: Elliman
Added: Apr 15 Changed: Jul 10 Last Checked: Aug 9 at 8:30AM

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 Jane Ann Huelle

Investment Insights

Based on property information with market context.

Located in Ledroit Park, this mixed-use property presents an investment opportunity. The property, zoned for mixed-use, offers options for conversion to apartments or split apartment/professional uses. The lot size is 0.03 acres. Situated less than a mile from bus and metro stations, the location provides accessibility. On-street parking is available, along with private, paved parking spaces. A fenced parking area provides security. The location has a bike score of 89, indicating it is very bikeable, a walk score of 89, indicating it is very walkable, and a transit score of 74, indicating excellent transit.

Key Highlights

  • Mixed‑use zoning allows conversion to apartments or split apartment/professional uses.
  • Excellent accessibility with bus and metro stations less than a mile away.
  • High walk score (89) and bike score (89).

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Dental Office Spa & Massage Center Auto Parts Store Furniture & Home Goods Nursing Home Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

3,820
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property in Ledroit Park, convenient access to transportation.
Where is this mixed-use property located?
The property is located at 505 FLORIDA Ave NW Washington, DC.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Mixed‑use zoning allows conversion to apartments or split apartment/professional uses.; Excellent accessibility with bus and metro stations less than a mile away.; High walk score (89) and bike score (89).
More about this property
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