2,121 SqFt
2,121 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,121 sqft
Price per Sqft $447
MLS Listing ID DCDC2170370
Originating Board BRIGHT
Year Built 1910
Annual Tax Amount $11,195
Tax Year 2024
Lot Size 1,418 Sqft
Acres 0.03
Property Description
Nestled in the bustling Lower Georgia Avenue Business District, 2826 Georgia Avenue, NW, Washington, DC, offers a prime commercial real estate opportunity. This area is experiencing significant commercial growth, driven by its proximity to major universities, hospitals, transportation hubs, and thriving businesses.
Key Highlights:
Strategic Location: Located near multimillion-dollar developments, this property benefits from its demographic proximity to key institutions and vibrant commerce.
Growth Hub: The U Street-Shaw corridor, extending north to Howard University, has become a sought-after area for mixed-use commercial and residential projects, attracting both small and large developers.
Commercial Expansion: Over the past five years, more than 400,000 square feet of new commercial space has been developed within a one-mile radius, showcasing the area's rapid growth.
Prime Purchase Opportunity: The property features three separate retail commercial spaces ready for occupancy. The second and third floors share a single meter for electric and gas, while the street-front retail space is independently metered.
Accessibility and Visibility: Georgia Avenue sees over 100,000 commuters daily, with excellent access to bus lines and multiple train stations, ensuring high visibility and foot traffic.
Flexible Zoning: The property’s mixed-use zoning allows for versatile use, including potential live-work spaces. The surrounding residential areas enhance its appeal for diverse development opportunities.
Building Features: The building includes a wide staircase leading to the second and third-floor commercial spaces and a skylight on the top floor. The street-front retail space has both front and side entrances, and the backyard is secured with walkway access from the street frontage.
Don't miss out on this exceptional investment opportunity in one of Washington, DC's most dynamic and rapidly growing commercial districts.
Location
State DC
County Washington
Zoning MU-4
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility 48\"+ Halls, Doors - Swing In
Garage N
Building
Sewer Public Sewer, Public Septic
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 2887//0274
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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