3322 - 3324 Georgia Avenue Nw, Washington, DC 20010
Three-level building with rear parking pads and street frontage for flexible retail or studio use.
- 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
Listing agent Andrew MacPherson (301) 509-5169
Listing office W F Chesley Real Estate, LLC. (301) 509-5169
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
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 |
Alternative Uses
Current Use by Public Records
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Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -77.023854
- Latitude
- 38.9316384