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3302 Georgia Ave Washington, DC 20010

Retail properties & Spaces Google Maps
2,660 SF Built 1913
Entity Owned 7-yr Hold
Estimated value
No estimation on file for this property yet.
Property ID US16-0126702

Property summary

AI-generated overview

This exceptional 2,660-square-foot retail property at 3302 Georgia Avenue in the District of Columbia presents a unique investment opportunity. Completely renovated in 2024, this single-tenant space offers unparalleled flexibility. The building, constructed in 1913 and boasting a NC-7 zoning designation, is ideally suited for a variety of commercial uses. The layout is highly adaptable, featuring a 1,159-square-foot upper floor with a 475-square-foot deck – perfect for a restaurant or lounge with stunning views of a custom green space. The lower level provides an additional 1,525 square feet, ideal for retail or other commercial applications. The property's 2,600 square feet of vacant space is ready for immediate occupancy. Extensive tenant improvements have been completed, including new wiring, plumbing, HVAC, gas lines, insulation, drywall, interior framing, and customizable décor. Its central location offers convenient access to a vibrant residential area, ensuring high visibility and foot traffic. The property's APN is 2893//0119. This adaptable space is perfect for businesses seeking a thriving location with modern amenities. Don't miss this chance to secure a prime retail location in a rapidly developing area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1913
Total area 2,660 SF
UPID US16-0126702

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
1 recorded transaction
2018
$950,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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