1786 Florida Avenue NW
Retail | 2,179 SqFt
Marketing description
1786 Florida Avenue NW is a highly visible hard-corner retail opportunity at Florida Avenue NW and 18th Street NW in the Adams Morgan/Dupont corridor. Held by long-term ownership for 30+ years, the property offers prominent corner exposure, strong pedestrian and vehicle visibility, and signage/branding potential that is difficult to replicate in traditional in-line retail.
The building includes approximately 1,090 SF of ground-floor retail space plus a full basement for storage, totaling approximately 2,179 SF of gross building area per DC records. The property is currently leased to ACE Cash Express through July 31, 2027, providing near-term income while a future owner-user or investor plans for occupancy, repositioning, or long-term control of the corner.
This offering is best suited for a buyer seeking to control a high-profile DC corner location in an established urban retail corridor, with value driven primarily by location, visibility, corner frontage, and future use potential rather than current in-place income.
Investment highlights
- Highly visible signalized hard corner at Florida Avenue NW and 18th Street NW
- Long-term ownership of 30+ years — first time available in decades
- Approximately 1,090 SF ground-floor retail space plus full basement storage
- Approximately 2,179 SF gross building area per DC records
- Currently leased to ACE Cash Express through July 31, 2027
- Current in-place rent of $3,500/month provides interim income while buyer plans future occupancy or repositioning
- Near-term income in place while buyer plans for future occupancy or repositioning
- Prominent corner exposure with strong pedestrian and vehicle visibility
- Superior signage and branding potential compared to traditional in-line retail
- Ideal for an owner-user or investor seeking control of a high-profile DC corner
- MU-4 zoning in the Adams Morgan/Dupont retail corridor
- Value driven by location, visibility, corner control, and future use potential
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