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3322-3324 Georgia Ave NW 3,188 SF 100% Leased Retail Building Washington, DC 20010 $1,550,000 ($486.20/SF)
Executive Summary
SUPER INVESTMENT OPPORTUNITY! GREAT PETWORTH/PARK VIEW LOCATION! Bring your vision. This space offers an unmatched location and a chance to be in one of NW DC’s most dynamic, community-driven neighborhoods. Owner-occupants and investors seeking to capitalize on neighborhood growth are encouraged to view this 3-level, 3,500 SF property. Perfect for a broad spectrum of concepts—retail storefront, showroom, gallery, boutique, fitness studio, residential apartments, or creative offices—to name a few possibilities! Key features include two rear parking pads, prominent street frontage, and high foot traffic. 3322-3324 Georgia Ave is a blank canvas ready for a tenant/owner fit-out, unlocking future growth and expansion. The area offers a diverse population, increasing density, and substantial retail growth and development. Convenient to multiple bus lines. The Georgia Ave-Petworth Metro station is approximately a third of a mile away - blocks away! Several new residential and mixed-use projects have been completed or are underway. The area is transitioning from primarily residential to a vibrant commercial corridor with substantial foot traffic.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,188 SF
Building Class
C
Year Built
1910
Price
$1,550,000
Price Per SF
$486.20
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.44
Lot Size
0.03 AC
Zoning
NMU-4/GA - The Georgia Avenue Neighborhood Mixed-Use NMU-4/GA Zone is located along Georgia Avenue, N.W. south of New Hampshire Avenue, N.W. and north of Shepard
Parking
2 Spaces (0.63 Spaces per 1,000 SF Leased)
Frontage
25’ on Georgia Ave NW
Amenities
- Metro/Subway
Exceptionally walkable
90/100
Moderately drivable
60/100
Exceptional public transit
90/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2893-0054 | Improvements Assessment | $346,780 |
| Land Assessment | $225,000 | Total Assessment | $571,780 |
Property Taxes
Parcel Number
2893-0054
Land Assessment
$225,000
Improvements Assessment
$346,780
Total Assessment
$571,780
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3322-3324 Georgia Ave NW
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