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Retail Storefront Investment Opportunity

3322 - 3324 Georgia Ave NW Washington, DC 20010

3322 - 3324 Georgia Ave NW, Washington, DC, 20010
$1,498,000
For Sale
Claim this Listing
$1,498,000

For sale retail storefront property at 3322–3324 Georgia Ave NW, totaling about 2,800 square feet.

Property Size2,800 SF
Price / SF$535
AddedMay 5
Days on Market72
Last RefreshJul 15 at 3:47 pm

Property Features for 3322 - 3324 Georgia Ave NW

General Information

Standard status
Active
Size
2,800 SF

Building Details

Year Built
1910

Listing office W F Chesley Real Estate, LLC.

Listing date May 5, 2026

Source Evrealestate

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.


Investment Insights

Based on property information with market context.

This for-sale retail storefront property is located at 3322–3324 Georgia Ave NW in Washington, DC. The asset comprises two adjacent storefront units under one offering, for a total size of about 2,800 square feet.

The property sits along Georgia Ave, with directions noted on Georgia Ave. The listing is identified for Washington, DC, with the county/area listed as WASHINGTON.

Ideal for buyers seeking a compact storefront setup, this offering provides a straightforward retail configuration within a single combined property address.

Key Highlights

  • Retail storefront property at 3322–3324 Georgia Ave NW
  • Approximately 2,800 total square feet
  • Built in 1910

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 $67.2k $24.00
− Vacancy −$3.0k −$1.08
EGI $64.2k $22.92
− OpEx −$19.3k −$6.88
NOI $44.9k $16.04
2,800 SF · lease $24.00/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$641.8K
$561.5K – $748.7K (±1% cap)
NOI $44,923 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,816 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

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FAQs

What type of property is this?
Storefront property - For sale retail storefront property at 3322–3324 Georgia Ave NW, totaling about 2,800 square feet.
Where is this storefront property located?
The property is located at 3322 - 3324 Georgia Ave NW Washington, DC.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: Retail storefront property at 3322–3324 Georgia Ave NW; Approximately 2,800 total square feet; Built in 1910
Contact an agent
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