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Investment Highlights
- Please contact Greg Gray (703)-224-6000 greggray@kwcommercial.com
Executive Summary
Prime location on Georgia Ave NW , commercial retail/mixed use property consisting of apprx 1400 SF on 2 levels, offering a versatile opportunity for an owner/investor to occupy on one level and have additional income on the upper level. Zoned NC-8 the property presents a strategic investment in the thriving Columbia Heights submarket. Close to Howard University, surrounded by new development, this promising location offers an opportunity for long-term value in the mixed use or retail sector.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,000 SF
Building Class
C
Year Built
1910
Price
$875,000
Price Per SF
$437.50
Tenancy
Single
Building Height
2 Stories
Building FAR
1.53
Lot Size
0.03 AC
Zoning
MU7 - Permit medium-density mixed-use development
Parking
3 Spaces (1.5 Spaces per 1,000 SF Leased)
Frontage
23’ on Georgia Ave NW
Amenities
- Signalized Intersection
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (75)
Bike Score®
Biker's Paradise (91)
Nearby Major Retailers
Property Taxes
| Parcel Number | 3038-0065 | Improvements Assessment | $604,650 |
| Land Assessment | $328,400 | Total Assessment | $933,050 |
Property Taxes
Parcel Number
3038-0065
Land Assessment
$328,400
Improvements Assessment
$604,650
Total Assessment
$933,050
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3505 Georgia Ave NW
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