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3619 NW Georgia Ave
Washington, DC 20010

$1,350,000 USD

Storefront Retail Residential Condo For Sale  •  2,363 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 2,363 SF
  • Lot Size 0.11 AC
  • Building Class A
  • Year Built 2022
  • Tenancy Single
  • Zoning 048 - COMMERCIAL-RETAIL
73 Transit Score
96 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1 Retail 2,363 SF $1,350,000 USD
  • Unit Size: 2,363 SF
  • Condo Use: Retail
  • Price: $1,350,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $571.31 USD
Description
Total Rentable Space: 2,363 Sqft

• Upper Level: 1,658 Sqft at $50/Sqft Plus NNN

• Lower Level: 705 Sqft at $15/Sqft Plus NNN

Sale Notes
Prime Retail Space for Sale/Lease in Washington, DC!

Attention, Savvy Investors! Noble Group with eXp Realty proudly presents an unparalleled opportunity—a prestigious location at THE EXCHANGE in Washington, DC. This spacious 2,363 Sqft retail space offers maximum visibility with expansive floor-to-ceiling windows, strategically positioned along a bustling retail corridor in Washington, DC. It presents flexibility for various retail concepts, ensuring compatibility with your vision.

With direct frontage on Georgia Ave NW, your investment will benefit from unmatched visibility and accessibility due to significant foot and vehicle traffic. This retail space is at the heart of a vibrant community with approximately 75,000 residents within a 1-mile radius. Imagine the exposure your business could achieve in this high-traffic location—truly prime real estate!

THE EXCHANGE is near renowned national retailers such as Marshalls, Target, CVS, Best Buy, Safeway, Giant, and more. The synergy and foot traffic generated by these esteemed neighbors will undoubtedly benefit your business. The possibilities are endless with the consistent flow of potential patrons from nearby retail visitors.

Now is the time to acquire premium commercial property in Washington, DC. Contact Noble Group with eXp Realty today to explore this remarkable opportunity and watch your business flourish like never before.

Description

This prime location retail store offers the flexibility to choose between a sale or lease, aligning perfectly with your investment strategy. Priced at $1,350,000, this opportunity comes with an Absolute Net Lease, promising a fruitful investment journey. With a projected monthly net income of $7,790, you can expect a remarkable 6.92% capitalization rate, ensuring a compelling return on your investment.

Highlights

• Brand New Building!
• Exceptional Foot/Vehicle Traffic
• Frontage on a High-Traffic Corridor
• One Block from Petworth METRO
• Close Proximity to National Retailers

Amenities

  • 24 Hour Access
  • Storage Space

Public Transportation

Commuter RailDriveWalkDistance
Union Station (Brunswick Line - Maryland Area Regional Commuter Trains (The MARC), Camden Line - Maryland Area Regional Commuter Trains (The MARC), Fredericksburg Line - Maryland Area Regional Commuter Trains (The MARC), Manassas Line - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Red Line - Maryland Area Regional Commuter Trains (The MARC)) 8 min - 3.6 mi
L'enfant (Fredericksburg Line - Virginia Railway Express, Manassas Line - Virginia Railway Express) 9 min - 3.7 mi
Transit/SubwayDriveWalkDistance
Georgia Ave-Petworth (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Yellow Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 1 min 3 min 0.2 mi
Columbia Heights (Green Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail), Yellow Line - Washington Metropolitan Area Transit Authority Metrorail (Metrorail)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
Ronald Reagan Washington Ntl 16 min - 7.6 mi
Washington Dulles International 49 min - 29.0 mi
Baltimore/Washington International Thurgood Marshall 46 min - 32.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Serif Soydan 312-330-7300 eXp Realty Commercial
Serif Soydan 312-330-7300 eXp Realty Commercial