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3342 M St NW Washington, DC 20007

For Sale
$4,250,000

Prime retail building in Georgetown with current tenant.

Lot size:
0.06 Acres

Property Features for 3342 M St NW

General Information

Lot size
0.06 Acres

Building Details

Year built
1925

Source: H.A. Gill & Son Agent John W Gill Jr.

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


Overview

Georgetown Retail Building on M Street

This property presents an opportunity to own a building located on M Street in Georgetown. The current tenant is Bo Concept. The surrounding area features high-end furniture and furnishing shops, particularly on M Street and Cady's Alley. The current lease expires on September 30, 2027, with the tenant holding one 7-year option. The interior was renovated in the early 2000s and has been maintained in excellent condition. The current base rent is $258,000 per year, with additional rent covering property tax, insurance, and BID tax, totaling $63,600 per year.
Insight Report Location Intelligence

Current Use by Public Records

BoConcept Georgetown Furniture Store

Similar Places Nearby

Kat Flowers Design & Decor, English Rose Garden, Twin Towers Florist, Ultra Violet Flowers, Arlington Cemetery Flowers

Map

City
Washington
County
District of Columbia
State
DC
Longitude
-77.0673005
Latitude
38.9049088

FAQs

What type of property is this?
Storefront property - Prime retail building in Georgetown with current tenant.
Where is this storefront property located?
The property is located at 3342 M St NW Washington, DC.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: - Prime location on bustling M Street in Georgetown, surrounded by high-end furniture and furnishing shops.; - Current tenant is Bo Concept, a well-known brand.; - Existing lease in place until 9/30/2027 with one 7-year option.
More about this property
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