3619 Georgia NW Washington, DC $ 1,350,000
3619 Georgia NW
$ 1,350,000
New Construction
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3619 Georgia NW

Washington, DC, 20010
$ 1,350,000
Baths0.0 Sq 2,363

Monthly Estimate*

$ 8,085

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Studio

Commercial Property for sale in Washington, DC

for $1,350,000. This 2,363 square foot building was built in 2022.

Prime Retail Space for Sale/Lease in Washington, DC! For Lease: $50/15 Per SQFT NNNFor Sale: $1.35 Million Key Features: Brand New Building! Exceptional Foot/Vehicle Traffic Frontage on a High-Traffic Corridor One Block from Petworth METRO Close Proximity to National Retailers 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 Attention, Savvy Investors! Noble Group with eXp Realty proudly presents an unparalleled opportunitya 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 locationtruly 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. 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. 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.

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Commercial Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 15,206

Style

General Retail

Year Built

2022

Town/City

Washington

County/Region

District of Columbia

MLS | Web ID

DCDC2153528

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession 0-30 Days CD 31-60 Days CD
Zoning 048 - COMMERCIAL-RETAIL
Construction Materials Other
Year Built 2022
Property SubType Retail
Tax Year 2023
Percent Ownership Condominium
Cool Fuel Electric
Business Type Other/General Retail
Accessibility Level Entry - Main
County WASHINGTON
Net Operating Income 93475.00
New Construction Y
Property Type Commercial Sale
Subdivision Name PARK VIEW
Water Access Y/N N
Status ACTIVE
Directions On Georgia Ave
City WASHINGTON
NumberOfUnitsTotal 1
Waterfront Y/N N
Tax Annual Amount 15206.0
Property Condition Excellent
Price Per Sq Ft Total AG 571.31
Construction Completed Y/N Y
Historic Y/N N
Lease Considered Y/N Y
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=rJRW7Uog1g5&brand=0&mls=1&
Days on Market 34
Standard Status Active
Year Built Source Assessor
Legal Subdivision Columbia Heights
Tax Lot 2011
Total Actual Rent 93475.00
Cap Rate 6.92
Association Recreation Fee N
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 2363.00
Lot Dimensions 0.00 x 0.00
Soil Types Urban Land Not Rated
Land Assessed Value 276480.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3619
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* Excluded Features
List By
Exp Realty, Llc

Broker

serif.soydan@exprealty.com

Email

Affordability Calculator

$9,352
Per Month
86%
14%
0%
Monthly Principal & Interest
$8,085
Monthly Property Taxes
$1,267
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/3/2024$1,350,000 -3.57% Price Down
8/5/2024$1,400,000 Listed Price

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3619 Georgia NW, Washington, DC, 20010 is a Commercial Property for sale at $1,350,000 with 2,363 sqft. 3619 Georgia NW is a studio with 0.0 baths and was built in 2022. The property's zip code is 20010 which is in Washington, DC