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sales rep | Brivity IDX

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515 Florida Ave NW , Washington, DC 20001
$645,000
Est. Payment: $3,578.67/mo
2264 Sqft
0.03 Acres
Status: active | Days on site: 47
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CTRP1 - 3239002
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House 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.

Highlights

Listed by Ethan Arnheim , 2403932668 Central Properties, LLC, , 2022320600. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.03

Year Built

1890

County

Washington

School District

District Of Columbia Public Schools

Listing ID

DCDC2283338

Questions about this listing?

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Community

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Garage Capacity:2
Zoning:MU-4 (MIXED USE)
Sewer:Public Sewer
Parking Features:Off Site,2+ Spaces,1+ Spaces
Principal Interest
$3,579
Taxes
$617

Home Price

$645,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$129,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,578.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,578.67 $616.75 $0.00 $4,195.42
Yearly $42,943.99 $7,401.00 $0.00 $50,344.99
Total $1,288,319.69 $222,030.00 $0.00 $1,510,349.69
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T07:10:58.000Z

© 2026 Bright MLS