Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2616 Georgia Ave NW Washington, DC 20001

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $950,000

    Adaptable commercial property suitable for office, retail, or residential development.

    Building Details

    Year built
    1910

    Source: Metro Investment Properties, LLC Agent Christopher L Dixon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Space For Sale

    This property presents a versatile opportunity for various uses, including office space, retail, or residential development. A tenant signed a lease in December 2024. The tenant is backed by a division of the Presbyterian Church and has over 8 figures of cash on their balance sheet. Both Tenant and Landlord have the option to end the lease each year in December. The property is ideal for an office space user, a retailer or restaurant who would convert the space, or a residential developer looking to take advantage of 2750 sf of land.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -77.0229061
    Latitude
    38.9247149

    Nearby Similar for Sale

    • $1,425,000
      6,642 SF

      Historic Brookland Home with Rental

      Spacious home with rental potential in vibrant Brookland neighborhood.
      1234 Monroe St NE, Washington, DC 20017
      View Details
    • New
      $1,295,000
      2,324 SF

      Victorian Multifamily in Prime Location

      Investment opportunity near Dupont and Logan Circle with strong rental income.
      1510 R St NW, Washington, DC 20009
      View Details
    • $2,900,000
      2,832 SF

      Renovated Multi-Family in Washington, DC

      Newly renovated 11-bedroom property in the heart of Washington, DC.
      605 P St NW, Washington, DC 20001
      View Details
    • $2,200,000
      4,700 SF

      Trinidad Three-Unit Modern Masterpiece

      Modern three-unit property in Trinidad near H Street Corridor.
      1121 Morse St NE, Washington, DC 20002
      View Details
    • $1,100,000
      3,722 SF

      Multi-Family Building in Washington, DC

      Four-unit, fully-brick multi-family building in a growing neighborhood.
      413 Evarts St NE, Washington, DC 20017
      View Details
    • New
      $549,900
      1,995 SF

      Congress Heights Triplex: Income Potential

      Three-unit multifamily building in Congress Heights, ideal for investors.
      507 Brandywine St SE, Washington, DC 20032
      View Details

    FAQs

    What type of property is this?
    Office space - Adaptable commercial property suitable for office, retail, or residential development.
    Where is this office space located?
    The property is located at 2616 Georgia Ave NW Washington, DC.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Tenant is backed by a financially stable division of the Presbyterian Church; - Lease signed in December 2024; - Tenant and Landlord have the option to end the lease each year in December
    (202) 468-8109
    Request Owner's contact information
    2616 Georgia Ave NW Washington, DC 20001
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2616 Georgia Ave NW
    Washington, DC 20001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2616 Georgia Ave NW Washington, DC 20001
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.