Retail Space with
For Sale
Contact for pricing
5111 Georgia Ave Nw, Washington, DC 20011
Retail space totals 2,658 square feet, including ground floor and an 8-foot-ceiling basement approved for daycare use.
Property Size2,658 SF
Price / SF$507.90
Days on Market477
Property Features for 5111 Georgia Ave Nw
General Information
Standard status
Active
Size
2,658 SF
Property subtype
RETAIL
Zoning
MU-4
Listing Agency:
Divaris Real Estate | Washington DC
(703) 946-6003
Listed By:
Shadi Ayyoubi · License #5020231
Source:
Moodyscre
Added: Apr 11, 2025
Changed: Jul 27
Last Checked: Jul 27 at 2:01AM
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 Divaris Real Estate | Washington DC
Investment Insights
Based on property information with market context.
5111 Georgia Ave NW offers retail space totaling 2,658 square feet, with 1,371 square feet on the ground floor and 1,287 square feet in the basement. The basement features an 8-foot ceiling, and the space has recently been approved for daycare use.
Per the provided information, MU-4 zoning supports a variety of retail uses in addition to the approved daycare. This configuration provides a ground floor setup with additional basement area for an operator looking to utilize both levels within the same retail footprint.
Per the provided information, MU-4 zoning supports a variety of retail uses in addition to the approved daycare. This configuration provides a ground floor setup with additional basement area for an operator looking to utilize both levels within the same retail footprint.
Key Highlights
- Retail space totals 2,658 SF, with 1,371 SF on the ground floor and 1,287 SF in the basement
- Basement space has 8‑foot ceilings
- Recently approved for a daycare use
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 | $90.3k | $33.96 |
| − Vacancy | −$4.1k | −$1.53 |
| EGI | $86.2k | $32.43 |
| − OpEx | −$25.9k | −$9.73 |
| NOI | $60.3k | $22.70 |
2,658 SF · lease $33.96/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$862.0K
$754.3K – $1.01M
NOI $60,343 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,063 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,387
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 25%
Electronics 3%
Dollar Tree
Shops & Services
27,499 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
15,149 visits/mo
0.0 miles
AutoZone
Shops & Services
10,445 visits/mo
0.4 miles
Exxon
Shops & Services
5,522 visits/mo
0.1 miles
Metro by T-Mobile
Electronics
894 visits/mo
0.2 miles
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
Market
Vacancy Rate% for Retail in Washington, DC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space totals 2,658 square feet, including ground floor and an 8-foot-ceiling basement approved for daycare use.
Where is this retail space located?
The property is located at 5111 Georgia Ave Nw Washington, DC.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Retail space totals 2,658 SF, with 1,371 SF on the ground floor and 1,287 SF in the basement; Basement space has 8‑foot ceilings; Recently approved for a daycare use
