5205 Georgia Ave NW
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5205 Georgia Ave NW
3,525 SF 50% Leased Retail Building Washington, DC 20011 $1,700,964 CAD ($483 CAD/SF)
Investment Highlights
- Low Acquisition Price Per SF | Priced Well Below Comparable Sales
- Vacant 3BR/1BA Unit on Second Level | No TOPA
- Located Along a Great Steets Corridor | Eligible for Up to $80,000 in Grants
- Stable Retail Tenant on Long-Term NNN Lease on First Level & Sublevel
- Flexible Zoning Allows for Retail, Office, & Multifamily Uses
Executive Summary
Feldman Ruel is pleased to present 5205 Georgia Avenue NW, a three-level, 3,525-square-foot, mixed-use building situated on a 2,281-square-foot lot with on-site parking in the Brightwood Park neighborhood of Northwest Washington, D.C. The first level and sublevel are fully leased to Hamilton Liquors, which has occupied the subject property since 2016. The second level, a three-bedroom, one-bathroom residential unit will be delivered vacant at closing.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,525 SF
Building Class
C
Year Built
1922
Price
$1,700,964 CAD
Price Per SF
$483 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.55
Lot Size
0.05 AC
Opportunity Zone
Yes
Zoning
MU-4
Frontage
19 ft on Georgia Ave NW
Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (76)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 3001-0061 | Improvements Assessment | $520,361 CAD |
Land Assessment | $260,216 CAD | Total Assessment | $780,577 CAD |
PROPERTY TAXES
Parcel Number
3001-0061
Land Assessment
$260,216 CAD
Improvements Assessment
$520,361 CAD
Total Assessment
$780,577 CAD
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5205 Georgia Ave NW
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