For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Space in Washington Title is generated by Realmo AI

    3322 - 3324 GEORGIA Avenue NW, Washington, DC 20010

    View on Map
    Claim this Listing
    For Sale
    $1,550,000

    Commercial Sale - WASHINGTON, DC

    Type:Retail
    Property size:
    2,800 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $553/SF
    Added:
    May 5, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 22 at 12:06 pm

    Property Features for 3322 - 3324 GEORGIA Avenue NW

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking features
    On Street
    Standard status
    Active
    Size
    2,800 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Annual Amount
    21715

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1910
    Building materials
    Brick

    We can help!

    Listing Contact
    Andrew J MacPherson

    Listing agent Andrew J MacPherson License #IB42552

    Listing office W F Chesley Real Estate, LLC. 2191 Defense Highway unit: 400, CROFTON, DC

    Listing date May 5, 2026

    MLS# DCDC2260136

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in the highly desirable Petworth/Park View neighborhood.
    • High foot traffic and prominent street frontage ideal for commercial ventures.
    • Two rear parking pads, a rare and valuable amenity.
    • Approximately 2,800 SF of space across 3 levels, offering flexibility.
    • Excellent investment opportunity with potential for various uses (retail, residential, office).
    • Close proximity to Georgia Ave‑Petworth Metro station and multiple bus lines.

    Overview

    This three-level commercial property, offering approximately 2,800 SF, presents a significant investment opportunity in the Petworth/Park View area of Washington, DC. The property is situated in a dynamic, community-driven neighborhood experiencing substantial retail growth and development. The location benefits from high foot traffic and prominent street frontage. The property includes two rear parking pads. It is suitable for a broad spectrum of concepts, including a retail storefront, showroom, gallery, boutique, fitness studio, residential apartments, or creative offices. The property is a blank canvas ready for tenant/owner fit-out, unlocking future growth and expansion. The area is transitioning from primarily residential to a vibrant commercial corridor. Convenient to multiple bus lines, the Georgia Ave-Petworth Metro station is approximately a third of a mile away. Several new residential and mixed-use projects have been completed or are underway. The lot size is 0.0589 acres.

    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
    Apartment 5plus
    $664.6K
    $581.5K – $775.4K (±1% cap)
    NOI $46,523 @ 7.0% cap · market cap 3.00%
    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -77.02387
    Latitude
    38.93165

    FAQs

    What type of property is this?
    Retail space - Three-level commercial property in a dynamic, growing neighborhood.
    Where is this retail space 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: Prime location in the highly desirable Petworth/Park View neighborhood.; High foot traffic and prominent street frontage ideal for commercial ventures.; Two rear parking pads, a rare and valuable amenity.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message