3342 M St NW - Storefront FOR SALE


Washington, DC 20007- Georgetown
$4,250,000 USD
202-338-5000
3342 M St NW, Washington, DC for Sale
$4,250,000 USD
Storefront - FOR SALE
1/20
null | Request Cap Rate

3342 M St NW
Washington, DC 20007
Georgetown


HIGHLIGHTS

  • Lovely open floor plan, including open stairwells
  • Excellent visibility on M St.
  • Excellent condition

OVERVIEW

Tremendous opportunity to own a gorgeous building on bustling M St. in Georgetown. Bo Concept is the current tenant. The store is surrounded by high-end furniture and furnishing shops - both on M Street and on popular Cady's Alley. Arguably the best place to shop for furniture and furnishings in the area. Lease expires 9/30/2027 - tenant has one 7-year option. The interior was beautifully renovated in the early 2000's and has been kept in excellent condition by both ownership and tenants. Please contact LA for appointment to view the interior. Current base rent $258,000/yr. Additional rent including property tax, insurance, BID tax is currently $63,600/yr. Seller may accept or reject any offer.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$590 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

MU-13

APN/PARCEL ID

1184-0005

ASK ABOUT THIS PROPERTY

John GillH.A. Gill & SonMore Info
202-338-5000

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John GillH.A. Gill & SonMore Info
202-338-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.