7612-7616 Georgia Ave NW - Storefront FOR SALE


Washington, DC 20012- Shepherd Park
$1,975,000 USD
202-318-6800
7612-7616 Georgia Ave NW, Washington, DC for Sale
$1,975,000 USD
Storefront - FOR SALE
1/8
null | Request Cap Rate

7612-7616 Georgia Ave NW
Washington, DC 20012
Shepherd Park


HIGHLIGHTS

  • • Excellent Full- or Partial-User Opportunity | Delivered Vacant at a Low Price/SF
  • • MU-4 Zoning Allows Numerous By-Right Uses Including Retail, Office, & Multifamily
  • • Mixed-Use/Multifamily Development Potential | 31,512 FAR SF + Cellar & Penthouse
  • • 0.3 Miles North of the 3.1M-SF Parks at Walter Reed Project | Washington, D.C.’s Largest Master Planned Community
  • • Located Between 2 Converging Paths of Development Driven by the Parks at Walter Reed & Downtown Silver Spring, MD

OVERVIEW

Feldman Ruel is pleased to offer for sale 7612-7616 Georgia Avenue NW, a three-property portfolio that consists of two one-level commercial buildings, and one three-level mixed-use building. The subject properties have a combined gross building area of 8,554 square feet and are situated on three MU-4 zoned lots with a combined area of 10,504 square feet. Behind the buildings is a large on-site parking lot. The subject properties will be delivered vacant and is well positioned for a variety of by-right uses including retail, office, or multifamily.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$231 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,504 SF

ZONING

MU-4

APN/PARCEL ID

2957-0807,2957-0808,2957-0809

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 Policy.