This exceptional Class A mixed-use property, built in 2022, offers 17 spacious three-bedroom, two-bathroom apartment units, ranging from 945 to 1,095 square feet, and a 3,400 square foot ground-floor retail space. The 22,920 square foot building sits on a 4,674 square foot lot zoned NC-8 and boasts high-end finishes including wood grain flooring, in-unit washer/dryer, recessed lighting, gloss cabinets, Silestone countertops, and polished chrome fixtures. Residents enjoy a rooftop lounge and other communal spaces. Located at 3709 New Hampshire Ave NW, Washington, DC 20010, this property benefits from its prime location in the Petworth neighborhood, directly across from the Georgia Ave-Petworth Metro Station. The building is currently vacant, presenting an opportunity to lease units at market rates, maximizing income potential. The asking price is $7,100,000, with a price per square foot of $309.77. This turnkey asset offers significant potential for long-term growth and profitability due to its location, high-end features, and lack of rent control. The property's Walk Score is 96, Transit Score is 70, and Bike Score is 90, reflecting its convenient and accessible location. This is a rare opportunity to acquire a non-rent controlled, Class A property in a thriving urban area.
Highlights
Non-rent controlled, turnkey, newly constructed Class A building.
Retail property - Class A, 17 Units, Prime Location
Where is the retail property located?
The property is located at 3709 New Hampshire Ave Washington, DC.
What is the asking price?
The asking price for this property is $7,100,000.
What are key features of this property?
This property features: Non-rent controlled, turnkey, newly constructed Class A building.; High-end finishes and features throughout.; Excellent unit mix.
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Contacts
Marty Zupancic
Ryan Murray
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New Hampshire Ave Washington, DC 20010
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New Hampshire Ave Washington, DC 20010
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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3709 New Hampshire Ave
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