5209 Georgia NW Ave Washington, DC 20011-3923
Property summary
This exceptional three-story commercial property, located at 5209 Georgia Ave NW, Washington, DC 20011, presents a prime investment opportunity. Built in 1900, this fee-simple owned building offers 2,325 square feet of space spread across three levels, featuring seven well-sized rooms. The adaptable layout includes a spacious main floor ideal for retail, offices on upper levels, a versatile basement, and a kitchen on the top floor, allowing for diverse business configurations. The property benefits from convenient front street parking and enclosed rear parking, along with a private deck. Multiple access points, including a front entrance, basement access, and rear access, enhance operational flexibility and create a strong street presence. Zoned for commercial retail use, this property is situated in the vibrant Petworth neighborhood, ensuring high foot traffic and excellent visibility. The asking price is $1,200,000. This is a rare chance to acquire a well-located, adaptable commercial building with significant potential for growth in a thriving Washington, DC neighborhood.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
/DC, MU 4/DC, MU-5A/DC, MU-6B/DC, MU-8B/DC, MU-9B/DC, AND MU-10/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST AND CAPITOL HILL COMMERCIAL MIXED-USE ZONES - MU-2/CAP,…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
MU-4 · Washington, DC/DC, MU 4/DC, MU-5A/DC, MU-6B/DC, MU-8B/DC, MU-9B/DC, AND MU-10/DC 300 PURPOSE AND INTENT 301 PLANNED UNIT DEVELOPMENT 302 MISCELLANEOUS CHAPTER 4 CAPITOL INTEREST AND CAPITOL HILL COMMERCIAL MIXED-USE ZONES - MU-2/CAP,…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for MU-4 in Washington, DC.
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