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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
$1,221,430 CAD
Price Per SF
$610.72 CAD
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 (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3038-0065 | Improvements Assessment | $852,248 CAD |
| Land Assessment | $462,877 CAD | Total Assessment | $1,315,125 CAD |
PROPERTY TAXES
Parcel Number
3038-0065
Land Assessment
$462,877 CAD
Improvements Assessment
$852,248 CAD
Total Assessment
$1,315,125 CAD
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3505 Georgia Ave NW
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