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4128-4132 Georgia Ave NW 8,040 SF Vacant Retail Building Washington, DC 20011 $3,255,056 CAD ($404.86 CAD/SF)
Investment Highlights
- Covered Land Play | 24,000+ FAR SF to Construct a Mixed-Use or Multifamily Building
- Strong Demographics | Average Household Income of $158,353 within 1 Mile
- Approximately 1 Mile North of Howard University, a Major Area Economic Driver
- Flexible NMU-4/GA Zoning Permits Uses Including Retail, Office, Multifamily, & More
- Surrounded by Numerous National Credit Tenants and Local Retail Amenities
Executive Summary
Feldman Ruel is pleased to exclusively offer for sale, 4128-4132 Georgia Avenue NW, a four-property portfolio that consists of three contiguous, three-level, mixed-use buildings and a small parcel of land at the rear of the buildings. The subject properties have a combined gross building area of 8,044 square feet and are situated on four NMU-4/GA zoned lots with a combined area of 7,329 square feet. 4128 Georgia Aveue and 4130 Georgia Avenue NW offer on-site parking optionally. The subject properties will be delivered vacant and are well positioned for a variety of by-right uses including retail, office, and multifamily.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,040 SF
Building Class
C
Year Built
1923
Price
$3,255,056 CAD
Price Per SF
$404.86 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.10
Lot Size
0.17 AC
Zoning
NMU-4/GA
Frontage
80’ on Georgia Ave
Very walkable
80/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,228,177 CAD | |
| Land Assessment | $1,822,284 CAD | Total Assessment | $4,050,461 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,822,284 CAD
Improvements Assessment
$2,228,177 CAD
Total Assessment
$4,050,461 CAD
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4128-4132 Georgia Ave NW
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