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Listed by Darian Yates • DDYatesInvestments
$ 1
1,483 Sqft Lot
$ 1
1,483 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Rent
MLS Listing ID DCDC2203844
Year Built 1890
Lot Size 1,483 Sqft
Acres 0.03
Property Sub-Type Retail
Source BRIGHT
Property Description
Seize a premier commercial opportunity at 501 Florida Ave NW! This expansive 4,400+ sqft building features two versatile spaces: a fully built-out Latin restaurant on the ground level (previously home to the acclaimed "The Royal") with a turnkey kitchen and dining setup, plus a 1,500 sqft upper level ideal for expansion, offices, or creative uses. Located on a vibrant, high-traffic street in a dynamic neighborhood, it promises exceptional visibility and foot traffic. Perfect for ambitious restaurateurs, retailers, or multi-concept ventures—claim this high-energy spot and transform your vision into reality!- **Prime Location**: Situated on a high-traffic street in a dynamic Washington, DC neighborhood, ensuring exceptional visibility and constant foot traffic for maximum business exposure. Unit A = $2.54/sqft; Unit B=$1.75
- **Turnkey Restaurant Space**: Ground-level features a fully equipped Latin restaurant setup, complete with kitchen and dining areas—ready for immediate launch or seamless rebranding.
- **Expansive Footprint**: Over 4,400 sqft across two levels, offering ample room for ambitious ventures like multi-concept dining, retail, or creative enterprises.
- **Versatile Upper Level**: 1,500 sqft upstairs ideal for offices, additional seating, storage, or innovative expansions to elevate your operations.
- **Thriving Vibes**: Above the acclaimed former "The Royal" space, in a vibrant area buzzing with energy—perfect for drawing crowds and building a loyal customer base.
- **Turnkey Restaurant Space**: Ground-level features a fully equipped Latin restaurant setup, complete with kitchen and dining areas—ready for immediate launch or seamless rebranding.
- **Expansive Footprint**: Over 4,400 sqft across two levels, offering ample room for ambitious ventures like multi-concept dining, retail, or creative enterprises.
- **Versatile Upper Level**: 1,500 sqft upstairs ideal for offices, additional seating, storage, or innovative expansions to elevate your operations.
- **Thriving Vibes**: Above the acclaimed former "The Royal" space, in a vibrant area buzzing with energy—perfect for drawing crowds and building a loyal customer base.
Location
State DC
County Washington
Zoning MU-4
Interior
Hot Water 60+ Gallon Tank
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 3093//0807
Ownership Other
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "