4840 Georgia Ave NW - Retail FOR SALE


Washington, DC 20011- Petworth
$1,500,000 USD
202-318-6800
4840 Georgia Ave NW, Washington, DC for Sale
$1,500,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

NEW


4840 Georgia Ave NW
Washington, DC 20011
Petworth


HIGHLIGHTS

  • Excellent Owner-User Opportunity | Delivered Vacant at Closing
  • Located at a Signalized Intersection along a Major Commercial Corridor
  • 150+ Feet of Combined Street Frontage on Georgia Avenue NW & Emerson Street NW
  • MU-4 Zoning Allows Numerous By-Right Uses Including Retail, Office, Multifamily
  • Mixed-Use/Multifamily Development Potential | 16,725 FAR SF + Cellar & Penthouse
  • Located Along a Great Streets Corridor | Eligible for Up to $80,000 in Grants

OVERVIEW

Feldman Ruel is pleased to offer for sale 4840 Georgia Avenue NW, a two-level corner property, situated on a 5,575-square-foot lot in the Sixteenth Street Heights neighborhood of northwest Washington, D.C. The subject property was formerly used as an office; however, under the MU-4 zoning it could be used in a number of different ways, making 4840 Georgia Avenue NW an excellent option for users and investors alike. Located at the signalized intersection of Georgia Avenue NW and Emerson Street NW with more than 150 feet of combined street frontage, the subject property offers an occupant high-traffic visibility along the longest commercial corridor in Washington, D.C.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$491 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Converting to Condos

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,575 SF

ZONING

MU-4

APN/PARCEL ID

2923-0031

ASK ABOUT THIS PROPERTY

Josh FeldmanFeldman Ruel Urban Property Advisors, LLCMore Info
202-318-6800

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Josh FeldmanFeldman Ruel Urban Property Advisors, LLCMore Info
202-318-6800

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