4811 Georgia Ave NW - Storefront Retail/Residential FOR SALE


Washington, DC 20011- Petworth
$2,000,000 USD
202-318-6808
4811 Georgia Ave NW, Washington, DC for Sale
$2,000,000 USD
Storefront Retail/Residential - FOR SALE
1/6
null | Request Cap Rate

4811 Georgia Ave NW
Washington, DC 20011
Petworth


HIGHLIGHTS

  • • TOPA-Free Sale Process | Delivered Vacant at Closing
  • • Value-Add Opportunity | Exterior Construction, Framing and M.E.P. Systems in Place
  • • Rising Multifamily Rents | Multifamily Rents have Increased 12% Since 2022
  • • More than 725 Multifamily Units Proposed or Under Construction within a 1-Mile Radius
  • • On-Site Parking | Easy Access to Public Transit | 0.9 Miles from Georgia Avenue-Petworth Metro Station & Multiple Bus Lines

OVERVIEW

Feldman Ruel is pleased to offer for sale 4811 Georgia Avenue NW, a newly-constructed 10-unit multifamily property with two on-site parking spaces. Located in the Petworth neighborhood of Washington, D.C., the subject property will be delivered vacant and, therefore, the sale of the property is not subject to TOPA. 4811 Georgia Avenue NW is being delivered with exterior construction, framing, and MEP systems in place, allowing a purchaser to tailor the completion of the interior construction in accordance with the approved plans and permits or the option to amend the plans to their preferences.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$471 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

STATUS

Converted

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,958 SF

ZONING

MU-4

APN/PARCEL ID

3011-0078

ASK ABOUT THIS PROPERTY

Ryan SmithFeldman RuelMore Info
202-318-6808

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Ryan SmithFeldman RuelMore Info
202-318-6808

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