5205 Georgia NW Ave Washington, DC 20011-3923
- Commercial real estate
- 2,728 SF
- 0.05 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 5205 Georgia NW Ave
- Year built
- 1922
- Construction
- BRICK
- Lot size
- 0.05 lot acres
- Property size
- 2,728 SF
- Zone code
- MU-4
- Property type
- Commercial real estate
- APN
- 3001 0061
- APU
- 30010061
Description
This exceptional three-level mixed-use property at 5205 Georgia Avenue NW in Washington, D.C.'s Brightwood Park neighborhood presents a compelling investment opportunity. The 3,525-square-foot building, constructed in 1922, sits on a 2,281-square-foot lot and includes on-site parking. Currently, the first and sub-levels are fully occupied by a long-term tenant (Hamilton Liquors) under a triple-net lease, providing immediate income. The second level offers a vacant three-bedroom, one-bathroom residential unit, ready for immediate occupancy or rental. The property boasts flexible MU-4 zoning, allowing for a variety of uses including retail, office, and multifamily. This prime location along a major streets corridor is eligible for up to $80,000 in grants, further enhancing its investment potential. The asking price of $1,200,000 represents a low acquisition price per square foot, significantly below comparable sales in the area. This is a rare opportunity to acquire a well-located, mixed-use property with strong potential for appreciation and income generation. The building has one structure and is three stories tall. The current occupancy rate is 50%. The property's APN is 3001-0000-0061.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $305,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $290,000
Market price range: $237k - $524k
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Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -77.0272
- Latitude
- 38.9532
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA