Storefront Property with Restaurant
For Sale
$1,360,000
4526-4532 Georgia Ave NW, Washington, DC 20011
Three commercial units offer adaptable space for retail, restaurant, office, or mixed-use occupancy.
Property Size3,200 SF
Days on Market136
Property Features for 4526-4532 Georgia Ave NW
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Retail
Building Details
Building Size
3,200 SF
Year Built
1921
Listing Agency:
Divaris Real Estate | Washington DC
Listed By:
Joey Lee
(703) 627-2021
Source:
Divaris
Added: Jun 2
Changed: Oct 7
Last Checked: Oct 14 at 8:21PM
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 Divaris Real Estate | Washington DC
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Investment Insights
Based on property information with market context.
This 3,200 SF storefront property occupies a 4,146 SF parcel at 4526-4532 Georgia Ave NW in Washington, DC. The building contains three commercial units that may be combined, including a 1,600 SF end-cap configured as a second-generation restaurant. Constructed in 1921, the asset supports a range of retail, restaurant, office, and mixed-use applications described for the property.
The site sits on a hard corner at a signalized intersection along Georgia Avenue NW, providing frontage and exposure to approximately 22K cars a day. Its corner positioning and multi-unit configuration create a practical setting for users seeking visibility and flexible commercial space.
The site sits on a hard corner at a signalized intersection along Georgia Avenue NW, providing frontage and exposure to approximately 22K cars a day. Its corner positioning and multi-unit configuration create a practical setting for users seeking visibility and flexible commercial space.
Key Highlights
- 3,200 SF storefront building on a 4,146 SF parcel
- Three commercial units that can be combined
- 1,600 SF end‑cap with a fully built‑out 2nd‑generation restaurant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,944
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,658,880
$1.7M
Cap Rate 7%
$1,184,914
$1.2M
Cap Rate 9%
$921,600
$921.6K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$115.2K $36.00/SF
− Vacancy
−$4.6K −$1.44/SF
EGI
$110.6K $34.56/SF
− OpEx
−$27.6K −$8.64/SF
NOI
$82.9K $25.92/SF
Area
ZIP 20011
Vacancy
4.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,658,880
Cap Rate 7%
$1,184,914
Cap Rate 9%
$921,600
Alternative Uses
Best Use
Specialty Retail
$1.18M
$1.04M – $1.38M
NOI $82,944 @ 7.0% cap · market cap 6.10%
Second Best
Retail
$1.04M
$908.1K – $1.21M
NOI $72,647 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$1.65M
$1.45M – $1.93M
NOI $115,652 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,571
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Home Improvements & Furnishings 18%
Dining 6%
Exxon
Shops & Services
8,172 visits/mo
0.3 miles
Petworth Ace Hardware
Home Improvements & Furnishings
7,747 visits/mo
0.3 miles
7-Eleven
Shops & Services
6,996 visits/mo
0.4 miles
Exxon
Shops & Services
6,230 visits/mo
0.2 miles
Exxon
Shops & Services
5,522 visits/mo
0.4 miles
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Washington, DC
Similar Off Market Nearby
- Cositas de Lu — 3636 16th St NW, Washington, DC 20010
- Shoots and Blooms of DC — 3636 16th St NW Ag50, Washington, DC 20010
- Happy Bud — 4013 Georgia Ave NW, Washington, DC 20011
- Flowers By Alexes — 851 Upshur St NW, Washington, DC 20011
- sarah von pollaro's flowers — 4415 14th st nw, washington, dc 20011
Frequently Asked Questions
What type of property is this?
Storefront property - Three commercial units offer adaptable space for retail, restaurant, office, or mixed-use occupancy.
Where is this storefront property located?
The property is located at 4526-4532 Georgia Ave NW Washington, DC.
What is the asking price?
The asking price for this property is $1,360,000.
What are key features of this property?
This property features: 3,200 SF storefront building on a 4,146 SF parcel; Three commercial units that can be combined; 1,600 SF end‑cap with a fully built‑out 2nd‑generation restaurant
