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5205 Georgia Ave NW

3,525 SF 50% Leased Retail Building Washington, DC 20011 £938,940 (£266/SF)

Investment Highlights

  • Low Acquisition Price Per SF | Priced Well Below Comparable Sales
  • Vacant 3BR/1BA Unit on Second Level | No TOPA
  • Located Along a Great Steets Corridor | Eligible for Up to $80,000 in Grants
  • Stable Retail Tenant on Long-Term NNN Lease on First Level & Sublevel
  • Flexible Zoning Allows for Retail, Office, & Multifamily Uses

Executive Summary

Feldman Ruel is pleased to present 5205 Georgia Avenue NW, a three-level, 3,525-square-foot, mixed-use building situated on a 2,281-square-foot lot with on-site parking in the Brightwood Park neighborhood of Northwest Washington, D.C. The first level and sublevel are fully leased to Hamilton Liquors, which has occupied the subject property since 2016. The second level, a three-bedroom, one-bathroom residential unit will be delivered vacant at closing.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,525 SF
Building Class
C
Year Built
1922
Price
£938,940
Price Per SF
£266
Percent Leased
50%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.55
Lot Size
0.05 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
MU-4
Frontage
19 ft on Georgia Ave NW

Links

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5205 Georgia Ave NW, Washington, DC - aerial map view
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

CrossFit
Bank of America

PROPERTY TAXES

Parcel Number 3001-0061 Improvements Assessment £289,342
Land Assessment £144,691 Total Assessment £434,033

PROPERTY TAXES

Parcel Number
3001-0061
Land Assessment
£144,691
Improvements Assessment
£289,342
Total Assessment
£434,033
(202) 318-6808

Contacts

  • Listing ID: 34083734

  • Date on Market: 04/12/2024

  • Last Updated:

  • Address: 5205 Georgia Ave NW, Washington, DC 20011

The Retail Property at 5205 Georgia Ave NW, Washington, DC 20011 is currently available for sale. Contact Feldman Ruel for more information.

Nearby Listings

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5205 Georgia Ave NW, Washington, DC for sale Building Photo- Image 1 of 8
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© 2024 CoStar Group

5205 Georgia Ave NW
(202) 318-6808 x

5205 Georgia Ave NW

1/3

Ryan Smith

(202) 318-6808

(202) 318-6808

Josh Feldman

(202) 318-6800

(202) 318-6800

Ian Ruel

(202) 318-6800

(202) 318-6800

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