For Sale
$1,200,000

5205 Georgia Ave Washington, DC 20011

Brightwood Park, DC: 3-level, 3,525 SF

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional three-level mixed-use property at 5205 Georgia Avenue NW in Washington, D.C.'s Brightwood Park neighborhood presents a compelling investment opportunity. The 3,525-square-foot building, constructed in 1922, sits on a 2,281-square-foot lot and includes on-site parking. Currently, the first and sub-levels are fully occupied by a long-term tenant (Hamilton Liquors) under a triple-net lease, providing immediate income. The second level offers a vacant three-bedroom, one-bathroom residential unit, ready for immediate occupancy or rental. The property boasts flexible MU-4 zoning, allowing for a variety of uses including retail, office, and multifamily. This prime location along a major streets corridor is eligible for up to $80,000 in grants, further enhancing its investment potential. The asking price of $1,200,000 represents a low acquisition price per square foot, significantly below comparable sales in the area. This is a rare opportunity to acquire a well-located, mixed-use property with strong potential for appreciation and income generation. The building has one structure and is three stories tall. The current occupancy rate is 50%. The property's APN is 3001-0000-0061.

Highlights

  • Exceptional value: Below-market acquisition cost per square foot.
  • Stable, long-term triple-net (NNN) leased retail space on the first and lower levels.
  • Vacant, second-floor residential unit (3BR/1BA) – no TOPA restrictions.
  • Flexible zoning for retail, office, or multifamily use.
  • Prime street location eligible for up to $80,000 in grants.

Property Details for 5205 Georgia Ave

Property type
Retail properties, Mixed-use properties
Square Feet
3,525 SF
Year Built
1922
Buildings
1
Stories
3

Location Insight

City
Washington
County
District Of Columbia
State
District of Columbia
Latitude
38.953161075317
Longitude
-77.027456949782

FAQs

What type of property is this?
Retail property - Brightwood Park, DC: 3-level, 3,525 SF
Where is the retail property located?
The property is located at 5205 Georgia Ave Washington, DC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Exceptional value: Below-market acquisition cost per square foot.; Stable, long-term triple-net (NNN) leased retail space on the first and lower levels.; Vacant, second-floor residential unit (3BR/1BA) – no TOPA restrictions.
How can I contact the broker?
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5205 Georgia Ave
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