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Shovel Ready Mixed-Use Project
For Sale
$3,800,000

3411 GEORGIA NW AVENUE, Washington, DC 20010

Ready-to-build mixed-use project with approved plans and permits.

Lot Size0.11 Acres
Days on Market2313

Property Features for 3411 GEORGIA NW AVENUE

General Information

Standard status Active
Lot size 0.11 Acres
Property subtype Commercial/Industrial

Building Details

Year Built 1954
Listing Agency: Taylor Properties
Listed By: Roger H Neely · License #SP98359367
Source: Exitrealty
Added: Mar 31, 2020 Changed: Jul 6 Last Checked: Jul 30 at 7:41AM

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 Taylor Properties

Investment Insights

Based on property information with market context.

This property presents a development opportunity in Columbia Heights. The shovel-ready project includes complete plans and permits for a mixed-use development. The updated plans from December 2021 detail the conversion of the property into a 14-unit building. The residential component features a mix of unit sizes, including six two-bedroom/two-bath units, two two-bedroom/one-bath penthouse units, and six one-bedroom/one-bath units. The development also includes first-floor retail and commercial space. The property's location offers proximity to several landmarks and amenities. These include the future Bruce Monroe development, Park Moron, and the McMillan Project, as well as Howard University, Catholic University, Trinity University, Washington Hospital Center, Children's Hospital, and the VA Hospital. Residents and customers will benefit from the nearby coffee shops, shopping options, boutiques, The USA Mall, Giant, Safeway, Yes Organic Market, and Trader Joe's. The area is also known for its restaurants and its convenient access to Shaw, U Street, the 14th Street Corridor, live theaters, Petworth, and the Columbia Heights Metro Rails.

Key Highlights

  • Shovel‑ready with complete plans and permits for a 14‑unit mixed‑use development
  • Ideal for a 1031 exchange (can exchange with a property valued at $4 to $9 Million)
  • Prime location in Columbia Heights, close to future Bruce Monroe development, Park Moron & McMillan Project, universities, and hospitals

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Electrical Service Auto Parts Store Big Box & Wholesale Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,303
Businesses Nearby

Demographics for 20010, DC

32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Ready-to-build mixed-use project with approved plans and permits.
Where is this commercial land located?
The property is located at 3411 GEORGIA NW AVENUE Washington, DC.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Shovel‑ready with complete plans and permits for a 14‑unit mixed‑use development; Ideal for a 1031 exchange (can exchange with a property valued at $4 to $9 Million); Prime location in Columbia Heights, close to future Bruce Monroe development, Park Moron & McMillan Project, universities, and hospitals
More about this property
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