515 Florida Ave Nw, Washington, DC 20001

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.