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    Three-Level Retail and Office Building Title is generated by Realmo AI

    3322 - 3324 Georgia Avenue Nw, Washington, DC 20010

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    For Sale
    $1,550,000

    Three-level building with rear parking pads and street frontage for flexible retail or studio use.

    Type:Retail
    Property size:
    2,800 SF
    Price / SF:
    $553/SF
    Added:
    Apr 28, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 15 at 4:15 am

    Property Features for 3322 - 3324 Georgia Avenue Nw

    General Information

    Standard status
    Active
    Size
    2,800 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1910

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    Listing Contact
    Andrew MacPherson

    Listing agent Andrew MacPherson

    Listing office W F Chesley Real Estate, LLC.

    Listing date Apr 28, 2026

    Source Xome

    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 W F Chesley Real Estate, LLC.

    HighLights

    • Three‑level building with approximately 2,800 SF at 3322–3324 Georgia Ave.
    • Prominent street frontage with on‑street parking and two rear parking pads.
    • Flexible‑use space suitable for retail storefront, showroom, gallery, boutique, fitness studio, residential apartments, or creative offices.
    • Zoned NMU‑4/GA.
    • Built in 1910; roof is built‑up.
    • Includes ceramic tile flooring and A/C - other with heating listed as 3.

    Overview

    This 3-level, approximately 2,800 SF property at 3322–3324 Georgia Avenue NW is offered as a blank canvas for a tenant or owner fit-out. The building includes prominent street frontage and two rear parking pads, providing practical access for customers and day-to-day operations. The space can be adapted for a range of concepts, including retail storefront, showroom, gallery, boutique, fitness studio, creative offices, and other neighborhood-oriented uses.

    Located in the Petworth/Park View area of Northwest Washington, DC, the site is positioned along Georgia Ave and benefits from the area’s active retail corridor characteristics and high foot traffic as described in the offering. The property is convenient to multiple bus lines, with the Georgia Ave–Petworth Metro station approximately a third of a mile away. Several new residential and mixed-use projects are reported as completed or underway, supporting continued neighborhood change along the corridor.

    For owner-occupants and investors looking for a street-fronting space that can be shaped to their specific concept, this property offers a straightforward starting point. With rear parking pads and a flexible interior layout across three levels, it may suit operators seeking visibility from Georgia Avenue alongside tenant-controlled customization for their intended use.

    Local Financial Insights For Office B

    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 $141.1k $50.40
    − Vacancy −$22.6k −$8.06
    EGI $118.5k $42.34
    − OpEx −$29.6k −$10.58
    NOI $88.9k $31.75
    2,800 SF · lease $50.40/SF/yr · vacancy 16.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.27M
    $1.11M – $1.48M (±1% cap)
    NOI $88,906 @ 7.0% cap · market cap 5.74%
    Second Best
    Retail
    $641.8K
    $561.5K – $748.7K (±1% cap)
    NOI $44,923 @ 7.0% cap · market cap 2.90%
    Theoretical Best
    Office A
    $1.44M
    $1.26M – $1.68M (±1% cap)
    NOI $100,816 @ 7.0% cap · market cap 6.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Similar Places Nearby

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    • Cositas de Lu — 3636 16th St NW, Washington, DC 20010

    Map

    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -77.023854
    Latitude
    38.9316384

    FAQs

    What type of property is this?
    Storefront property - Three-level building with rear parking pads and street frontage for flexible retail or studio use.
    Where is this storefront property located?
    The property is located at 3322 - 3324 Georgia Avenue Nw Washington, DC.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: Three‑level building with approximately 2,800 SF at 3322–3324 Georgia Ave.; Prominent street frontage with on‑street parking and two rear parking pads.; Flexible‑use space suitable for retail storefront, showroom, gallery, boutique, fitness studio, residential apartments, or creative offices.
    More about this property
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