Retail Storefront with NC-8
3622 Georgia Avenue Northwest Washington, DC 20010
3622 Georgia Avenue Northwest, Washington, DC, 20010
$750,000
For Sale
$750,000
Single-unit retail building on Georgia Avenue Northwest, built in 1915 and renovated in 2012, zoned NC-8.
Property Size3,615 SF
Price / SF$207.47
Days on Market70
Property Features for 3622 Georgia Avenue Northwest
General Information
- Standard status
- Active
- Size
- 3,615 SF
- Property subtype
- Retail - Street Retail
Building Details
- Year Built
- 1915
Listing agency
ONE Street Commercial Properties
(240) 370-4103
Listed by
Kevin Brandes
Source
Commercialcafe
Added: May 14 Updated: Jul 21 at 5:03AM Checked: Jul 21 at 5:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ONE Street Commercial Properties
Investment Insights
Based on property information with market context.
This for-sale retail storefront consists of a single unit within a 3,615 SF building. The property dates to 1915 and was renovated in 2012, combining historic construction with more modern functionality. It is offered as a retail and street retail option in Washington, DC.
The asset is located at 3622 Georgia Avenue Northwest and is described as being in the heart of the surrounding commercial corridor. The public remarks note nearby attractions including Tivoli Square and Meridian Hill Park.
The property is zoned NC-8, supporting retail uses and providing a basis for a variety of street-level concepts consistent with the zoning designation.
The asset is located at 3622 Georgia Avenue Northwest and is described as being in the heart of the surrounding commercial corridor. The public remarks note nearby attractions including Tivoli Square and Meridian Hill Park.
The property is zoned NC-8, supporting retail uses and providing a basis for a variety of street-level concepts consistent with the zoning designation.
Key Highlights
- 3,615 SF single‑unit retail building at 3622 Georgia Avenue NW, Washington, DC
- Built in 1915 and renovated in 2012
- Zoned NC‑8
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.8k | $24.00 |
| − Vacancy | −$3.9k | −$1.08 |
| EGI | $82.9k | $22.92 |
| − OpEx | −$24.9k | −$6.88 |
| NOI | $58.0k | $16.04 |
3,615 SF · lease $24.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$828.6K
$725.0K – $966.7K
NOI $57,999 @ 7.0% cap · market cap 7.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,161 @ 7.0% cap · market cap 17.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sneakers N Tingz
Clothing & Fashion Store
Puff Ultra Premium
(Bike/Boat/Book/etc) Store
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FAQs
What type of property is this?
Storefront property - Single-unit retail building on Georgia Avenue Northwest, built in 1915 and renovated in 2012, zoned NC-8.
Where is this storefront property located?
The property is located at 3622 Georgia Avenue Northwest Washington, DC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,615 SF single‑unit retail building at 3622 Georgia Avenue NW, Washington, DC; Built in 1915 and renovated in 2012; Zoned NC‑8
