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Listed by Ethan Arnheim • Central Properties, LLC,

$645,000

Est. payment - /mo

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1,252 Sqft Lot

Active

515 FLORIDA AVE NW Washington, DC 20001

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID DCDC2283338

Year Built 1890

Annual Tax Amount $7,401

Tax Year 2026

Lot Size 1,252 Sqft

Acres 0.03

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Write the next chapter in the life of this storied commercial rowhouse. Once home to the legendary culinary destination Thai X-ing, once celebrated for serving some of the finest food in the District, this three-story property is an extraordinary blank canvas ready for its next visionary concept. The interior has already been fully gutted and partially built out to accommodate a multi-level luxury wellness spa, and fully stamped architectural plans convey with the sale to significantly streamline your permitting and build-out timeline.

Thanks to exceptionally flexible MU-4 zoning, the property adapts to virtually any vision. You can bring the luxury spa across the finish line, revive its heritage as a marquee restaurant and bar, create a bespoke retail or creative office footprint, or easily convert the structure into a boutique three-unit residential asset. For inspiration, look towards Eebies, Shaw's Tavern, or the Royal, all located on the same block.

Adding tremendous value to this rare urban offering are three expansive, light-filled levels and two dedicated off-street parking spaces. Whether you are an owner-operator seeking a flagship location or an investor looking for a high-upside conversion project, this property offers unmatched flexibility in a prime location. Contact the listing agent today to review the architectural plans or arrange a private tour.

Location

State DC

County Washington

Zoning MU-4 (MIXED USE)

Interior

Hot Water Natural Gas

Heating Central

Cooling Central A/C

Heat Source Central

Exterior

Garage Spaces 2.0

Utilities Available Natural Gas Available, Water Available

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Community

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 3093//0023

Ownership Fee Simple

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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DC Homes Guide

REALTOR® & Broker-Owner ibib98374181

+1(202) 643-4687

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515 FLORIDA AVE NW Washington, DC 20001

DC Homes Guide

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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515 FLORIDA AVE NW