Renovated Storefront Property with
For Sale
Contact for pricing
6101 Georgia Ave Nw, Washington, DC 20011
Vacant urban retail building with flexible owner-user, leasing, and redevelopment potential.
Property Size6,329 SF
Lot Size0.38 Acres
Price / SF$373.68
Days on Market71
Property Features for 6101 Georgia Ave Nw
General Information
Standard status
Active
Size
6,329 SF
Total Parking Spaces
26
Lot size
0.38 Acres
Property subtype
RETAIL
Zoning
MU-4
Site & Location
Neighborhood
Northwest
Traffic Count
25,500 vehicles/day
Amenities
loading dock
central HVAC
Building Details
Year Renovated
2020
Buildings
1
Construction
masonry
Listing Agency:
Greysteel - Corporate
(202) 280-2722
Listed By:
Ian Weisz
(301) 461-7817
Source:
Moodyscre
Added: Aug 19
Changed: Oct 25
Last Checked: Oct 26 at 6:00PM
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 Greysteel - Corporate
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Investment Insights
Based on property information with market context.
The vacant storefront property at 6101 Georgia Ave NW includes a 6,329-square-foot masonry building renovated in 2020. Improvements include central HVAC, a loading dock, 12'10" ceiling heights, and 26 dedicated parking spaces. The building can support an owner-user or future lease-up strategy without existing tenant constraints.
The property occupies a 16,614-square-foot MU-4-zoned parcel with 116 feet of frontage on Georgia Avenue. Reported exposure exceeds 25,500 vehicles per day. The site offers approximately 49,842 buildable square feet under a 3.0 FAR with IZ, supporting redevelopment planning in addition to continued retail use.
The property occupies a 16,614-square-foot MU-4-zoned parcel with 116 feet of frontage on Georgia Avenue. Reported exposure exceeds 25,500 vehicles per day. The site offers approximately 49,842 buildable square feet under a 3.0 FAR with IZ, supporting redevelopment planning in addition to continued retail use.
Key Highlights
- 6,329‑square‑foot masonry building renovated in 2020
- 16,614‑square‑foot MU‑4‑zoned parcel
- Approximately 49,842 buildable square feet with 3.0 FAR and IZ
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,683
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,873,660
$2.9M
Cap Rate 7%
$2,052,614
$2.1M
Cap Rate 9%
$1,596,478
$1.6M
Market Conditions
NOI Build-Up for 6,329 SF
Gross rent
$214.9K $33.96/SF
− Vacancy
−$9.7K −$1.53/SF
EGI
$205.3K $32.43/SF
− OpEx
−$61.6K −$9.73/SF
NOI
$143.7K $22.70/SF
Area
ZIP 20011
Vacancy
4.50%
Lease Rate
$33.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,873,660
Cap Rate 7%
$2,052,614
Cap Rate 9%
$1,596,478
Alternative Uses
Best Use
Retail
$2.05M
$1.80M – $2.39M
NOI $143,683 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.27M
$2.86M – $3.81M
NOI $228,737 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
25,500 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
296k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 44%
Shops & Services 24%
Dining 16%
Groceries 15%
Walmart
Superstores
130,268 visits/mo
0.2 miles
Safeway
Groceries
44,925 visits/mo
0.3 miles
McDonald's
Dining
42,399 visits/mo
0.2 miles
Dollar Tree
Shops & Services
27,499 visits/mo
0.5 miles
Exxon
Shops & Services
10,525 visits/mo
0.2 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
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Frequently Asked Questions
What type of property is this?
Storefront property - Vacant urban retail building with flexible owner-user, leasing, and redevelopment potential.
Where is this storefront property located?
The property is located at 6101 Georgia Ave Nw Washington, DC.
What is the asking price?
The asking price for this property is $2,365,000.
What are key features of this property?
This property features: 6,329‑square‑foot masonry building renovated in 2020; 16,614‑square‑foot MU‑4‑zoned parcel; Approximately 49,842 buildable square feet with 3.0 FAR and IZ
