7321 Georgia Ave NW - Veterinarian/Kennel FOR SALE


Washington, DC 20012- Takoma DC
$4,990,000 USD
202-725-2250
7321 Georgia Ave NW, Washington, DC for Sale
$4,990,000 USD
Veterinarian/Kennel - FOR SALE
1/28
null | 6.38% Cap Rate

Jan '26


7321 Georgia Ave NW
Washington, DC 20012
Takoma DC


HIGHLIGHTS

  • New Construction
  • 8 Units total (2 Retail/Commercial, 6 Luxury Residential)
  • 1 block to Whole Foods & Major Development

OVERVIEW

This investment opportunity includes two adjacent vacant new construction structures 7319 and 7321 Georgia Avenue Northwest. Both buildings are mirror images of each other and each features for units. In each building, there are three residential units and one retail unit at sidewalk level. The residential units are finished at a high level with premium grade appliances and materials. The units are two bedroom/2 bath flats and a three bedroom/3 bath multilevel penthouse with a roof deck. There is ample parking in the rear. This project is just one block north of the Whole Foods and Walter Reed development and a half mile south of Silver Spring Maryland. Excellent transportation options abound. Each retail space is approximately 700 ft.² with a kitchenette, half bath, two separate offices and front and rear entrance. They also can be joined for a larger single tenant as, during construction, plans were made for a potential opening between the units. We are awaiting the certificate of occupancies and construction is complete. The witch building is being sold as a single taxable unit, the groundwork has been laid both in construction and in legal preparation to convert them into condominiums if at any point and new owner would like to do that. Though this price reflects a purchase of both properties, the owner will consider a separate sales of each building.

FOR SALE DETAILS

PRICE

$4,990,000 USD

PRICE/SF

$7,201 USD /SF

CAP RATE

6.38%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,639 SF

ZONING

MU-4

APN/PARCEL ID

2964-0034

ASK ABOUT THIS PROPERTY

Phil Di RuggieroEngel & Völkers | Washington DCMore Info
202-725-2250

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Phil Di RuggieroEngel & Völkers | Washington DCMore Info
202-725-2250

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